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Thomas Philippon

Personal Details

First Name:Thomas
Middle Name:
Last Name:Philippon
Suffix:
RePEc Short-ID:pph81
http://pages.stern.nyu.edu/~tphilipp/
Terminal Degree:2003 Economics Department; Massachusetts Institute of Technology (MIT) (from RePEc Genealogy)

Affiliation

Finance Department
Stern School of Business
New York University (NYU)

New York City, New York (United States)
http://w4.stern.nyu.edu/finance/

: (212) 998-0100

44 West Fourth Street, New York, NY 10012
RePEc:edi:fdnyuus (more details at EDIRC)

Research output

as
Jump to: Working papers Articles Chapters

Working papers

  1. Germán Gutiérrez & Thomas Philippon, 2018. "How EU Markets Became More Competitive Than US Markets: A Study of Institutional Drift," NBER Working Papers 24700, National Bureau of Economic Research, Inc.
  2. Germán Gutiérrez & Thomas Philippon, 2017. "Declining Competition and Investment in the U.S," NBER Working Papers 23583, National Bureau of Economic Research, Inc.
  3. Thomas Philippon & Pierre Pessarossi & Boubacar Camara, 2017. "Backtesting European Stress Tests," NBER Working Papers 23083, National Bureau of Economic Research, Inc.
  4. Pierre-Olivier Gourinchas & Thomas Philippon & Dimitri Vayanos, 2016. "The Analytics of the Greek Crisis," NBER Working Papers 22370, National Bureau of Economic Research, Inc.
  5. Thomas Philippon, 2016. "The FinTech Opportunity," NBER Working Papers 22476, National Bureau of Economic Research, Inc.
  6. Virgiliu Midrigan & Thomas Philippon & Callum Jones, 2016. "Beyond the Liquidity Trap: the Secular Stagnation of Investment," 2016 Meeting Papers 1429, Society for Economic Dynamics.
  7. Germán Gutiérrez & Thomas Philippon, 2016. "Investment-less Growth: An Empirical Investigation," NBER Working Papers 22897, National Bureau of Economic Research, Inc.
  8. Gourinchas, Pierre-Olivier & Philippon, Thomas & Vayanos, Dimitri, 2016. "The analytics of the Greek crisis: celebratory centenary issue," LSE Research Online Documents on Economics 67368, London School of Economics and Political Science, LSE Library.
  9. Miguel Faria-e-Castro & Joseba Martinez & Thomas Philippon, 2015. "Runs versus Lemons: Information Disclosure and Fiscal Capacity," NBER Working Papers 21201, National Bureau of Economic Research, Inc.
  10. Thomas Philippon & Joseba Martinez, 2015. "Does a Currency Union Need a Capital Market Union?," 2015 Meeting Papers 501, Society for Economic Dynamics.
  11. Philippe Martin & Thomas Philippon, 2014. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," NBER Working Papers 20572, National Bureau of Economic Research, Inc.
  12. Jennie Bai & Thomas Philippon & Alexi Savov, 2013. "Have Financial Markets Become More Informative?," NBER Working Papers 19728, National Bureau of Economic Research, Inc.
  13. Thomas Philippon, 2012. "Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation," NBER Working Papers 18077, National Bureau of Economic Research, Inc.
  14. Thomas Philippon & Emiliano S. Pagnotta, 2011. "The Welfare Effects of Financial Innovation: High-Frequency Trading in Equity Markets," 2011 Meeting Papers 1246, Society for Economic Dynamics.
  15. Emiliano Pagnotta & Thomas Philippon, 2011. "Competing on Speed," NBER Working Papers 17652, National Bureau of Economic Research, Inc.
  16. Midrigan, Virgiliu & Philippon, Thomas, 2011. "Household Leverage and the Recession," CEPR Discussion Papers 8381, C.E.P.R. Discussion Papers.
  17. Philippon, Thomas & Schnabl, Philipp, 2011. "Informational Rents, Macroeconomic Rents, and Efficient Bailouts," CEPR Discussion Papers 8216, C.E.P.R. Discussion Papers.
  18. Viral V. Acharya & Lasse H. Pedersen & Thomas Philippon & Matthew Richardson, 2010. "Measuring systemic risk," Working Paper 1002, Federal Reserve Bank of Cleveland.
  19. Philippon, Thomas & Skreta, Vasiliki, 2010. "Optimal Interventions in Markets with Adverse Selection," CEPR Discussion Papers 7737, C.E.P.R. Discussion Papers.
  20. Philippon, Thomas & Schnabl, Philipp, 2009. "Efficient Recapitalization," CEPR Discussion Papers 7516, C.E.P.R. Discussion Papers.
  21. Thomas Philippon & Ariell Reshef, 2009. "Wages and Human Capital in the U.S. Financial Industry: 1909-2006," NBER Working Papers 14644, National Bureau of Economic Research, Inc.
  22. Thomas Philippon & Nicolas Véron, 2008. "Financing Europe's fast movers," Policy Briefs 9, Bruegel.
  23. Thomas Philippon, 2007. "Financiers vs. Engineers: Should the Financial Sector be Taxed or Subsidized?," NBER Working Papers 13560, National Bureau of Economic Research, Inc.
  24. Thomas Philippon & Yuliy Sannikov, 2007. "Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk," NBER Working Papers 13584, National Bureau of Economic Research, Inc.
  25. Thomas Philippon & Ariell Reshef, 2007. "Skill Biased Financial Development: Education, Wages and Occupations in the U.S. Financial Sector," NBER Working Papers 13437, National Bureau of Economic Research, Inc.
  26. Thomas Philippon, 2007. "Why Has the U.S. Financial Sector Grown so Much? The Role of Corporate Finance," NBER Working Papers 13405, National Bureau of Economic Research, Inc.
  27. Thomas Philippon, 2007. "The y-Theory of Investment," 2007 Meeting Papers 204, Society for Economic Dynamics.
  28. Mueller, Holger M & Philippon, Thomas, 2006. "Concentrated Ownership and Labour Relations," CEPR Discussion Papers 5776, C.E.P.R. Discussion Papers.
  29. Thomas Philippon, 2006. "The Bond Market's q," NBER Working Papers 12462, National Bureau of Economic Research, Inc.
  30. Mueller, Holger M & Philippon, Thomas, 2006. "Family Firms, Paternalism and Labour Relations," CEPR Discussion Papers 6017, C.E.P.R. Discussion Papers.
  31. Thomas Philippon & Fatih Guvenen, 2005. "Firm Volatility and Wage Inequality," 2005 Meeting Papers 230, Society for Economic Dynamics.
  32. Qiang Dai & Thomas Philippon, 2005. "Fiscal Policy and the Term Structure of Interest Rates," NBER Working Papers 11574, National Bureau of Economic Research, Inc.
  33. Simi Kedia & Thomas Philippon, 2005. "The Economics of Fraudulent Accounting," NBER Working Papers 11573, National Bureau of Economic Research, Inc.
  34. Heitor Almeida & Thomas Philippon, 2005. "The Risk-Adjusted Cost of Financial Distress," NBER Working Papers 11685, National Bureau of Economic Research, Inc.
  35. Thomas Philippon & Francesco Franco, 2005. "Firms and Aggregate Dynamics," 2005 Meeting Papers 246, Society for Economic Dynamics.
  36. Diego Comin & Thomas Philippon, 2005. "The Rise in Firm-Level Volatility: Causes and Consequences," NBER Working Papers 11388, National Bureau of Economic Research, Inc.
  37. Olivier Blanchard & Thomas Philippon, 2004. "The Quality of Labor Relations and Unemployment," NBER Working Papers 10590, National Bureau of Economic Research, Inc.
  38. Thomas Philippon, 2004. "Corporate Governance Over the Business Cycle," 2004 Meeting Papers 114, Society for Economic Dynamics.
  39. Daniel Bergstresser & Thomas Philippon, 2003. "CEO incentives and earnings management," Proceedings 862, Federal Reserve Bank of Chicago.
  40. Thomas Philippon & Jeronimo Zettelmeyer & Eduardo Borensztein, 2001. "Monetary Independence in Emerging Markets; Does the Exchange Rate Regime Make a Difference?," IMF Working Papers 01/1, International Monetary Fund.
  41. Abowd, John M. & Kramarz, Francis & Margolis, David N. & Philippon, Thomas, 2000. "The Tail of Two Countries: Minimum Wages and Employment in France and the United States," IZA Discussion Papers 203, Institute for the Study of Labor (IZA).
  42. Kramarz, Francis & Philippon, Thomas, 2000. "The Impact of Differential Payroll Tax Subsidies on Minimum Wage Employment," IZA Discussion Papers 219, Institute for the Study of Labor (IZA).
  43. John M. Abowd & Francis Kramarz & David Margolis & Thomas Philippon, 1999. "Minimum Wages and Employment in France and the United States," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00370392, HAL.

Articles

  1. Pierre-Olivier Gourinchas & Thomas Philippon & Dimitri Vayanos, 2017. "The Analytics of the Greek Crisis," NBER Macroeconomics Annual, University of Chicago Press, vol. 31(1), pages 1-81.
  2. Philippe Martin & Thomas Philippon, 2017. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," American Economic Review, American Economic Association, vol. 107(7), pages 1904-1937, July.
  3. Viral V. Acharya & Lasse H. Pedersen & Thomas Philippon & Matthew Richardson, 2017. "Measuring Systemic Risk," Review of Financial Studies, Society for Financial Studies, vol. 30(1), pages 2-47.
  4. Miguel Faria-e-Castro & Joseba Martinez & Thomas Philippon, 2017. "Runs versus Lemons: Information Disclosure and Fiscal Capacity," Review of Economic Studies, Oxford University Press, vol. 84(4), pages 1683-1707.
  5. Germán Gutiérrez & Thomas Philippon, 2017. "Investmentless Growth: An Empirical Investigation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 48(2 (Fall)), pages 89-190.
  6. Thomas Philippon, 2017. "L'opportunité de la FinTech," Revue d'économie financière, Association d'économie financière, vol. 0(3), pages 173-206.
  7. Bai, Jennie & Philippon, Thomas & Savov, Alexi, 2016. "Have financial markets become more informative?," Journal of Financial Economics, Elsevier, vol. 122(3), pages 625-654.
  8. Thomas Philippon, 2015. "Has the US Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation," American Economic Review, American Economic Association, vol. 105(4), pages 1408-1438, April.
  9. Thomas Philippon, 2014. "Efficiency and Benefit-Cost Analysis of the Financial System," The Journal of Legal Studies, University of Chicago Press, vol. 43(S2), pages 107-120.
  10. Thomas Philippon & Ariell Reshef, 2013. "An International Look at the Growth of Modern Finance," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 73-96, Spring.
  11. Thomas Philippon & Philipp Schnabl, 2013. "Efficient Recapitalization," Journal of Finance, American Finance Association, vol. 68(1), pages 1-42, February.
  12. Thomas Philippon & Ariell Reshef, 2012. "Wages and Human Capital in the U.S. Finance Industry: 1909--2006," The Quarterly Journal of Economics, Oxford University Press, vol. 127(4), pages 1551-1609.
  13. Thomas Philippon & Vasiliki Skreta, 2012. "Optimal Interventions in Markets with Adverse Selection," American Economic Review, American Economic Association, vol. 102(1), pages 1-28, February.
  14. Holger M. Mueller & Thomas Philippon, 2011. "Family Firms and Labor Relations," American Economic Journal: Macroeconomics, American Economic Association, vol. 3(2), pages 218-245, April.
  15. Thomas Philippon, 2010. "Financiers versus Engineers: Should the Financial Sector Be Taxed or Subsidized?," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(3), pages 158-182, July.
  16. Thomas Philippon, 2010. "Debt Overhang and Recapitalization in Closed and Open Economies," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 58(1), pages 157-178, August.
  17. Simi Kedia & Thomas Philippon, 2009. "The Economics of Fraudulent Accounting," Review of Financial Studies, Society for Financial Studies, vol. 22(6), pages 2169-2199, June.
  18. Thomas Philippon, 2009. "The Bond Market's q," The Quarterly Journal of Economics, Oxford University Press, vol. 124(3), pages 1011-1056.
  19. Heitor Almeida & Thomas Philippon, 2008. "Estimating Risk-Adjusted Costs of Financial Distress," Journal of Applied Corporate Finance, Morgan Stanley, vol. 20(4), pages 105-109.
  20. Heitor Almeida & Thomas Philippon, 2007. "The Risk-Adjusted Cost of Financial Distress," Journal of Finance, American Finance Association, vol. 62(6), pages 2557-2586, December.
  21. Francesco Franco & Thomas Philippon, 2007. "Firms and Aggregate Dynamics," The Review of Economics and Statistics, MIT Press, vol. 89(4), pages 587-600, November.
  22. Bergstresser, Daniel & Philippon, Thomas, 2006. "CEO incentives and earnings management," Journal of Financial Economics, Elsevier, vol. 80(3), pages 511-529, June.
  23. Philippon, Thomas, 2006. "Corporate governance over the business cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 30(11), pages 2117-2141, November.
  24. Thomas Philippon, 2005. "No-arbitrage Taylor rules - comments," Proceedings, Federal Reserve Bank of San Francisco.
  25. Kramarz, Francis & Philippon, Thomas, 2001. "The impact of differential payroll tax subsidies on minimum wage employment," Journal of Public Economics, Elsevier, vol. 82(1), pages 115-146, October.

Chapters

  1. Pierre-Olivier Gourinchas & Thomas Philippon & Dimitri Vayanos, 2016. "The Analytics of the Greek Crisis," NBER Chapters,in: NBER Macroeconomics Annual 2016, Volume 31, pages 1-81 National Bureau of Economic Research, Inc.
  2. Viral V. Acharya & Lasse Pedersen & Thomas Philippon & Matthew Richardson, 2013. "Taxing Systemic Risk," World Scientific Book Chapters,in: Managing and Measuring Risk Emerging Global Standards and Regulations After the Financial Crisis, chapter 4, pages 99-122 World Scientific Publishing Co. Pte. Ltd..
  3. Viral V. Acharya & Lasse H. Pedersen & Thomas Philippon & Matthew Richardson, 2012. "How to Calculate Systemic Risk Surcharges," NBER Chapters,in: Quantifying Systemic Risk, pages 175-212 National Bureau of Economic Research, Inc.
  4. Diego A. Comin & Thomas Philippon, 2006. "The Rise in Firm-Level Volatility: Causes and Consequences," NBER Chapters,in: NBER Macroeconomics Annual 2005, Volume 20, pages 167-228 National Bureau of Economic Research, Inc.

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This author is among the top 5% authors according to these criteria:
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  2. Number of Works
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  8. Number of Citations, Discounted by Citation Age
  9. Number of Citations, Weighted by Simple Impact Factor
  10. Number of Citations, Weighted by Simple Impact Factor, Discounted by Citation Age
  11. Number of Citations, Weighted by Recursive Impact Factor
  12. Number of Citations, Weighted by Recursive Impact Factor, Discounted by Citation Age
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  14. Number of Citations, Weighted by Number of Authors, Discounted by Citation Age
  15. Number of Citations, Weighted by Number of Authors and Simple Impact Factors
  16. Number of Citations, Weighted by Number of Authors and Simple Impact Factors, Discounted by Citation Age
  17. Number of Citations, Weighted by Number of Authors and Recursive Impact Factors
  18. Number of Citations, Weighted by Number of Authors and Recursive Impact Factors, Discounted by Citation Age
  19. h-index
  20. Number of Registered Citing Authors
  21. Number of Registered Citing Authors, Weighted by Rank (Max. 1 per Author)
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  25. Number of Journal Pages, Weighted by Number of Authors
  26. Number of Journal Pages, Weighted by Number of Authors and Simple Impact Factors
  27. Number of Journal Pages, Weighted by Number of Authors and Recursive Impact Factors
  28. Number of Abstract Views in RePEc Services over the past 12 months
  29. Number of Downloads through RePEc Services over the past 12 months
  30. Number of Abstract Views in RePEc Services over the past 12 months, Weighted by Number of Authors
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  32. Euclidian citation score
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  35. Breadth of citations across fields
  36. Wu-Index
  37. Record of graduates

Co-authorship network on CollEc

Featured entries

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  1. Thomas Philippon in Wikipedia (English)

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 59 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-MAC: Macroeconomics (32) 2004-08-02 2005-06-05 2005-09-11 2005-09-11 2005-12-01 2006-08-26 2007-09-30 2007-11-03 2007-11-10 2011-04-30 2011-06-04 2012-05-22 2013-12-15 2014-06-02 2014-11-01 2014-11-07 2014-12-08 2015-01-09 2015-05-30 2015-06-05 2016-06-25 2016-07-09 2016-07-30 2016-07-30 2016-07-30 2016-11-27 2016-12-11 2017-02-12 2017-02-26 2017-07-23 2017-08-27 2018-06-11. Author is listed
  2. NEP-BEC: Business Economics (12) 2005-06-05 2006-10-28 2006-12-16 2007-01-02 2007-09-30 2007-09-30 2007-11-10 2009-01-17 2009-05-02 2011-12-19 2012-05-22 2016-12-11. Author is listed
  3. NEP-OPM: Open Economy Macroeconomics (10) 2014-11-01 2014-11-07 2014-12-08 2015-01-09 2015-09-18 2015-09-26 2016-06-25 2016-07-09 2016-08-14 2018-05-14. Author is listed
  4. NEP-BAN: Banking (8) 2010-03-13 2010-04-17 2012-03-28 2012-05-22 2016-07-30 2017-02-05 2017-02-12 2017-02-26. Author is listed
  5. NEP-CBA: Central Banking (8) 2011-04-30 2011-06-04 2012-03-28 2015-05-30 2015-11-01 2017-02-05 2017-02-12 2017-02-26. Author is listed
  6. NEP-CFN: Corporate Finance (8) 2005-10-15 2011-12-19 2015-05-30 2015-06-05 2016-07-30 2016-08-14 2016-12-11 2017-07-23. Author is listed
  7. NEP-FMK: Financial Markets (6) 2005-10-15 2006-08-26 2007-11-10 2012-03-28 2012-11-11 2013-12-15. Author is listed
  8. NEP-CTA: Contract Theory & Applications (4) 2009-11-27 2010-03-13 2012-04-17 2015-06-05
  9. NEP-DGE: Dynamic General Equilibrium (4) 2004-08-02 2007-11-03 2011-04-30 2016-11-27
  10. NEP-EEC: European Economics (4) 2014-11-01 2014-11-07 2014-12-08 2016-06-25
  11. NEP-FIN: Finance (4) 2005-09-11 2005-09-11 2005-10-15 2006-08-26
  12. NEP-REG: Regulation (4) 2005-09-11 2010-03-13 2011-12-19 2012-03-28
  13. NEP-RMG: Risk Management (4) 2005-06-05 2010-04-17 2012-03-28 2017-02-05
  14. NEP-COM: Industrial Competition (3) 2011-12-19 2017-07-23 2018-02-12
  15. NEP-EDU: Education (3) 2007-09-30 2009-01-17 2009-05-02
  16. NEP-HIS: Business, Economic & Financial History (3) 2009-01-17 2009-05-02 2018-05-14
  17. NEP-HRM: Human Capital & Human Resource Management (3) 2007-09-30 2009-01-17 2009-05-02
  18. NEP-LAB: Labour Economics (3) 2007-09-30 2009-01-17 2009-05-02
  19. NEP-PAY: Payment Systems & Financial Technology (3) 2016-07-30 2016-08-14 2017-08-27
  20. NEP-MON: Monetary Economics (2) 2005-09-11 2015-09-18
  21. NEP-URE: Urban & Real Estate Economics (2) 2011-04-30 2011-06-04
  22. NEP-ACC: Accounting & Auditing (1) 2004-08-02
  23. NEP-AGR: Agricultural Economics (1) 2010-02-20
  24. NEP-ENT: Entrepreneurship (1) 2007-11-03
  25. NEP-FOR: Forecasting (1) 2013-12-15
  26. NEP-IND: Industrial Organization (1) 2018-02-12
  27. NEP-INO: Innovation (1) 2005-06-05
  28. NEP-LTV: Unemployment, Inequality & Poverty (1) 2004-06-27
  29. NEP-MIC: Microeconomics (1) 2012-04-17
  30. NEP-MST: Market Microstructure (1) 2012-03-28
  31. NEP-NET: Network Economics (1) 2016-06-25
  32. NEP-PPM: Project, Program & Portfolio Management (1) 2009-11-27

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