Details about Merton H. Miller

Access statistics for papers by Merton H. Miller.

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Short-id: pmi18

Working Papers

1991

1. Autobiography
   Nobel Prize in Economics documents, Nobel Prize Committee

1990

2. Leverage
   Nobel Prize in Economics documents, Nobel Prize Committee
   See also Journal Article in Journal of Applied Corporate Finance (2005)

1989

3. COMMENTARY: VOLATILITY, PRICES RESOLUTION, AND EFFECTIVENESS OF PRICE LIMITS
   Working Papers, Columbia - Center for Futures Markets View citations (7)
4. Liquidity and Market Structure
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Working Papers, Princeton, Department of Economics - Financial Research Center (1988) View citations (163)
   See also Journal Article in Journal of Finance (1988)

1985

5. Monetary stabilization policy in an open economy
   International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.)

Undated

6. The Future of Futures
   CRSP working papers, Center for Research in Security Prices, Graduate School of Business, University of Chicago View citations (1)
   See also Journal Article in Pacific-Basin Finance Journal (1997)

Journal Articles

2012

1. Financial Markets and Economic Growth
   Journal of Applied Corporate Finance, 2012, 24, (1), 8-13
   Also in Journal of Applied Corporate Finance, 1998, 11, (3), 8-15 (1998) View citations (19)

2005

2. Leverage
   Journal of Applied Corporate Finance, 2005, 17, (1), 106-111
   Also in Journal of Applied Corporate Finance, 1991, 4, (2), 6-13 (1991)
   Journal of Finance, 1991, 46, (2), 479-88 (1991) View citations (2)
   See also Working Paper (1990)

2004

3. Challenges to demand management
   Fiscal Studies, 2004, 25, (3), 47-57

2000

4. Exchange Rate Policy Options for Southeast Asia
   International Review of Finance, 2000, 1, (1), 3-8
5. Reflections of a retiring Keynote Speaker
   Pacific-Basin Finance Journal, 2000, 8, (3-4), 277-283 View citations (1)
6. THE HISTORY OF FINANCE: AN EYEWITNESS ACCOUNT
   Journal of Applied Corporate Finance, 2000, 13, (2), 8-14 View citations (4)

1999

7. THE CASE FOR AN INDONESIAN CURRENCY BOARD
   Journal of Applied Corporate Finance, 1999, 11, (4), 57-65 View citations (2)

1998

8. Asian financial crisis
   Japan and the World Economy, 1998, 10, (3), 355-358 View citations (45)
9. SOME REFLECTIONS ON RECENT MONETARY TURMOIL IN EASTERN EUROPE
   Journal of Applied Corporate Finance, 1998, 11, (3), 49-54
10. The M&M Propositions 40 Years Later
    European Financial Management, 1998, 4, (2), 113-120
11. The current Southeast Asia financial crisis1
    Pacific-Basin Finance Journal, 1998, 6, (3-4), 225-233 View citations (10)
12. VALUE AT RISK: USES AND ABUSES
    Journal of Applied Corporate Finance, 1998, 10, (4), 26-38 View citations (3)

1997

13. The future of futures
    Pacific-Basin Finance Journal, 1997, 5, (2), 131-142 View citations (1)
    See also Working Paper

1996

14. The social costs of some recent derivatives disasters
    Pacific-Basin Finance Journal, 1996, 4, (2-3), 113-127 View citations (2)

1995

15. Do the M & M propositions apply to banks?
    Journal of Banking & Finance, 1995, 19, (3-4), 483-489 View citations (18)
16. Do we really need more regulation of financial derivatives?
    Pacific-Basin Finance Journal, 1995, 3, (2-3), 147-158 View citations (1)
17. Functional regulation
    Pacific-Basin Finance Journal, 1995, 3, (1), 139-139
    Also in Pacific-Basin Finance Journal, 1994, 2, (2-3), 91-106 (1994) View citations (1)
18. HEDGING IN THE THEORY OF CORPORATE FINANCE: A REPLY TO OUR CRITICS
    Journal of Applied Corporate Finance, 1995, 8, (1), 121-128 View citations (2)
19. METALLGESELLSCHAFT AND THE ECONOMICS OF SYNTHETIC STORAGE
    Journal of Applied Corporate Finance, 1995, 7, (4), 62-76 View citations (24)

1994

20. IS AMERICAN CORPORATE GOVERNANCE FATALLY FLAWED?
    Journal of Applied Corporate Finance, 1994, 6, (4), 32-39 View citations (4)
21. Mean Reversion of Standard & Poor's 500 Index Basis Changes: Arbitrage-Induced or Statistical Illusion?
    Journal of Finance, 1994, 49, (2), 479-513 View citations (12)
22. THE CASE FOR EXPENSING STOCK OPTIONS AGAINST EARNINGS
    Journal of Applied Corporate Finance, 1994, 7, (2), 88-90

1993

23. Are the Discounts on Closed-End Funds a Sentiment Index?
    Journal of Finance, 1993, 48, (2), 795-800 View citations (12)
24. Are the Discounts on Closed-End Funds a Sentiment Index? A Rejoinder
    Journal of Finance, 1993, 48, (2), 809-10 View citations (1)
25. Swaps and systemic risk in interbank markets
    Proceedings, 1993, (May), 57-61
26. THE NEW DISCLOSURES OF EXECUTIVE PAY
    Journal of Applied Corporate Finance, 1993, 5, (4), 62-75 View citations (1)

1992

27. FINANCIAL INNOVATION: ACHIEVEMENTS AND PROSPECTS
    Journal of Applied Corporate Finance, 1992, 4, (4), 4-11 View citations (8)

1991

28. INTERNATIONAL COMPETITIVENESS OF U.S. FUTURES EXCHANGES
    Journal of Applied Corporate Finance, 1991, 3, (4), 6-19 View citations (1)
29. TAX OBSTACLES TO VOLUNTARY CORPORATE RESTRUCTURING
    Journal of Applied Corporate Finance, 1991, 4, (3), 20-23 View citations (2)
30. The Nobel Memorial Prize in Economics 1990: This Year's Laureates Are Pioneers in the Theory of Financial Economics and Corporate Finance
    Scandinavian Journal of Economics, 1991, 93, (1), 4-6

1990

31. Margin Regulation and Stock Market Volatility
    Journal of Finance, 1990, 45, (1), 3-29 View citations (26)

1989

32. STOCK INDEX FUTURES AND THE CRASH OF '87
    Journal of Applied Corporate Finance, 1989, 1, (4), 6-17
33. The Modigliani-Miller Propositions After Thirty Years
    Journal of Applied Corporate Finance, 1989, 2, (1), 6-18
    Also in Journal of Economic Perspectives, 1988, 2, (4), 99-120 (1988) View citations (28)

1988

34. Liquidity and Market Structure
    Journal of Finance, 1988, 43, (3), 617-37 View citations (164)
    See also Working Paper (1989)
35. Margins and the future of the markets
    Proceedings, 1988, 73-78

1986

36. Behavioral Rationality in Finance: The Case of Dividends
    The Journal of Business, 1986, 59, (4), S451-68 View citations (9)
37. Financial Innovation: The Last Twenty Years and the Next
    Journal of Financial and Quantitative Analysis, 1986, 21, (04), 459-471 View citations (50)

1985

38. A Test of the Hotelling Valuation Principle
    Journal of Political Economy, 1985, 93, (1), 1-25 View citations (28)
39. Dividend Policy under Asymmetric Information
    Journal of Finance, 1985, 40, (4), 1031-51 View citations (252)
40. The Pricing of Oil and Gas: Some Further Results
    Journal of Finance, 1985, 40, (3), 1009-18 View citations (12)

1982

41. Dividends and Taxes: Some Empirical Evidence
    Journal of Political Economy, 1982, 90, (6), 1118-41 View citations (69)

1980

42. The Precautionary Demand for Narrow and Broad Money
    Economica, 1980, 47, (188), 407-21 View citations (4)

1978

43. An Approach to the Regulation of Bank Holding Companies
    The Journal of Business, 1978, 51, (3), 379-412 View citations (31)
44. Dividends and taxes
    Journal of Financial Economics, 1978, 6, (4), 333-364 View citations (72)
45. Prices for State-contingent Claims: Some Estimates and Applications
    The Journal of Business, 1978, 51, (4), 653-72 View citations (31)
46. The stochastic properties of velocity and the quantity theory of money
    Journal of Monetary Economics, 1978, 4, (2), 229-248 View citations (2)

1977

47. Debt and Taxes
    Journal of Finance, 1977, 32, (2), 261-75 View citations (367)

1976

48. Leasing, Buying, and the Cost of Capital Services
    Journal of Finance, 1976, 31, (3), 761-86 View citations (17)

1972

49. Money and Stock Prices: The Channels of Influence: Discussion
    Journal of Finance, 1972, 27, (2), 294-98

1969

50. A Comment on the Modigliani-Miller Cost of Capital Thesis: Reply
    American Economic Review, 1969, 59, (4), 592-95

1968

51. THE DEMAND FOR MONEY BY FIRMS: EXTENSIONS OF ANALYTIC RESULTS
    Journal of Finance, 1968, 23, (5), 735-759 View citations (6)

1963

52. DISCUSSION
    Journal of Finance, 1963, 18, (2), 311-318

1962

53. Dividend Policy and Market Valuation: A Reply
    The Journal of Business, 1962, 36, 116

1961

54. Dividend Policy, Growth, and the Valuation of Shares
    The Journal of Business, 1961, 34, 411 View citations (292)

1960

55. The Carnegie Tech Management Game
    The Journal of Business, 1960, 33, 303 View citations (1)

1956

56. A Model for the Optimal Programming of Railway Freight Train Movements
    Management Science, 1956, 3, (1), 74-92

Chapters

1967

1. Estimates of the Cost of Capital Relevant for Investment Decisions Under Uncertainty
   A chapter in Determinants of Investment Behavior, 1967, pp 189-214