Faculty News

Professor Thomas Philippon's research on the eurozone's recession is cited

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Excerpt from Financial Times -- "There were other things too that Spain could have done differently, such as stronger 'macroprudential' limits on private borrowing. Philippe Martin and Thomas Philippon have demonstrated this alone could have prevented 4 percentage points of the 12 per cent fall in employment from 2008 to 2012; the same benefit as a more conservative boomtime fiscal policy."

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