# Professor Thomas Philippon's joint research on compensation in the financial services industry is referenced

1 Faculty News May 27, 2018 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Excerpt from the [Financial Times](https://www.ft.com/content/b50c41ba-61c4-11e8-90c2-9563a0613e56) -- "In a paper published shortly after the financial crisis, two US-based academics, [Thomas Philippon](http://www.stern.nyu.edu/faculty/bio/thomas-philippon) and Ariell Reshef, sought to show how financial deregulation leads to massive spikes in bankers’ pay."

[Read more](https://www.ft.com/content/b50c41ba-61c4-11e8-90c2-9563a0613e56)