Faculty News
Professor Thomas Philippon's research on compensation in the financial services industry is mentioned
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Excerpt from the Financial Times -- "In the 1920s, American finance also dazzled. Indeed, profits were so high that the economists Thomas Philippon and Ariell Reshef estimated that average banker pay was 1.6 times higher than other professions in 1928 (which, in a neat twist of history, was the same ratio seen in 2006.)"
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