NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Thomas Philippon

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

Working Papers and Chapters

October 2014Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone
with Philippe Martin: w20572
December 2013Have Financial Markets Become More Informative?
with Jennie Bai, Alexi Savov: w19728
May 2012Has the U.S. Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation
w18077
February 2012How to Calculate Systemic Risk Surcharges
with Viral V. Acharya, Lasse H. Pedersen, Matthew Richardson
in Quantifying Systemic Risk, Joseph G. Haubrich and Andrew W. Lo, editors
December 2011Competing on Speed
with Emiliano Pagnotta: w17652
April 2011Household Leverage and the Recession
with Virgiliu Midrigan: w16965
January 2011Informational Rents, Macroeconomic Rents, and Efficient Bailouts
with Philipp Schnabl: w16727

Published: “Effi cient Recapitalization,” with Philipp Schnabl, Journal of Finance, February 2013, lead articl e

February 2010Optimal Interventions in Markets with Adverse Selection
with Vasiliki Skreta: w15785

Published: 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. citation courtesy of

April 2009Efficient Recapitalization
with Philipp Schnabl: w14929

Published: Thomas Philippon & Philipp Schnabl, 2013. "Efficient Recapitalization," Journal of Finance, American Finance Association, vol. 68(1), pages 1-42, 02. citation courtesy of

January 2009Wages and Human Capital in the U.S. Financial Industry: 1909-2006
with Ariell Reshef: w14644

Published: The Quarterly Journal of Economics (2012) doi: 10.1093/qje/qjs030 First published online: October 9, 2012

November 2007Real Options in a Dynamic Agency Model, with Applications to Financial Development, IPOs, and Business Risk
with Yuliy Sannikov: w13584
October 2007Financiers vs. Engineers: Should the Financial Sector be Taxed or Subsidized?
w13560

Published: Philippon, Thomas. 2010. "Financiers versus Engineers: Should the Financial Sector Be Taxed or Subsidized?" American Economic Journal: Macroeconomics, 2(3): 158-82. DOI: 10.1257/mac.2.3.158

September 2007Skill Biased Financial Development: Education, Wages and Occupations in the U.S. Financial Sector
with Ariell Reshef: w13437

Published: “Wages and Human Capital in the U.S. Financial Industry: 1909 - 2006,” with Ariell Reshef, Quarterly Journal of Economic s , November 2012

Why Has the U.S. Financial Sector Grown so Much? The Role of Corporate Finance.
w13405
December 2006Family Firms, Paternalism, and Labor Relations
with Holger M. Mueller: w12739

Published: Mueller, Holger and Thomas Philippn. "Family Firms and Labor Relations." American Economic Journal: Macroeconomics 3 (2001): 218-245.

August 2006The Bond Market's q
w12462

Published: Philippon, Thomas. "The bond market’s Q," Quarterly Journal of Economics, August 2009. citation courtesy of

April 2006The Rise in Firm-Level Volatility: Causes and Consequences
with Diego A. Comin
in NBER Macroeconomics Annual 2005, Volume 20, Mark Gertler and Kenneth Rogoff, editors
October 2005The Risk-Adjusted Cost of Financial Distress
with Heitor Almeida: w11685

Published: Heitor Almeida and Thomas Philippon "The Risk-Adjusted Cost of Financial Distress" The Journal of Finance, Volume 62: Issue 6 (2007) citation courtesy of

August 2005The Economics of Fraudulent Accounting
with Simi Kedia: w11573

Published: Kedia, Simi and Thomas Philippon. "The Economics of Fraudulent Accounting." Review of Financial Studies 22, 6 (2009): 2169-2199. citation courtesy of

Fiscal Policy and the Term Structure of Interest Rates
with Qiang Dai: w11574
May 2005The Rise in Firm-Level Volatility: Causes and Consequences
with Diego Comin: w11388

Published: The Rise in Firm-Level Volatility: Causes and Consequences, Diego A. Comin, Thomas Philippon. in NBER Macroeconomics Annual 2005, Volume 20, Gertler and Rogoff. 2006

June 2004The Quality of Labor Relations and Unemployment
with Olivier Blanchard: w10590

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers onlyInformation about this author at RePEc

 
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