Faculty News
Prof. Thomas Philippon's research on the efficiency of Wall Street is featured
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Excerpt from The Huffington Post -- "So why has Wall Street gotten so inefficient, flying in the face of market theory? Philippon offers one possible reason: Technological advancements have actually increased trading activity, which makes more money for Wall Street, but doesn't do anything for its efficiency."
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Additional coverage appeared in The New Republic.
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Additional coverage appeared in The New Republic.