Thomas Philippon’s research focuses on finance and macroeconomics. It includes empirical and theoretical work on corporate governance and labor relations, accounting manipulations, the costs of financial distress, dynamic agency models and firm dynamics, the link between asset markets and corporate investment, and the evolution of the finance industry.
Philippon graduated from Ecole Polytechnique, received a PhD in Economics from MIT, and joined New York University as an assistant professor of Finance at the Stern School of Business.
His publications have appeared in the Journal of Finance, the Review of Financial Studies, and the Journal of Financial Economics, among others.
FinTech (financial technology) firms, generally start-ups that offer a specifically targeted financial service, and Big Techs, globally active technology firms with a relative advantage i...
In February 2019, Margrethe Vestager, the EU Competition Commissioner, blocked the proposed rail merger between Siemens and Alstom (European Commission 2019). But, trapped between heavily...
For its sheer intensity and duration, the Greek crisis has been quite unprecedented. One measure says it all – real income per capita declined every single year between 2007 and 2013, a c...
