# Prof. Thomas Philippon's research on financial sector wages is cited

1 Faculty News May 9, 2014 ![Quartz logo](/sites/default/files/styles/246w/public/assets/images/con_038218.gif?itok=JIQPnzXd)>

Excerpt from [Quartz](http://qz.com/196575/to-get-rich-forget-entrepreneurship-and-marry-wealthy/) -- "During the period of growing disparity of incomes and wealth described by Piketty, this differential between financial sector wages has increased by a staggering amount. [Thomas Philippon](http://www.stern.nyu.edu/faculty/bio/thomas-philippon) and Ariell Reshef, find that, 'that rents accounted for 30% to 50% of the wage differential between the financial sector and the rest of the private sector.'”

[Read more](http://qz.com/196575/to-get-rich-forget-entrepreneurship-and-marry-wealthy/)