Details about Myron S. Scholes

Access statistics for papers by Myron S. Scholes.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: psc29

Working Papers

2014

1. The Cost of Constraints: Risk Management, Agency Theory and Asset Prices
   Research Papers, Stanford University, Graduate School of Business View citations (1)
   Also in Research Papers, Stanford University, Graduate School of Business (2013)

2008

2. Interview with Nobel Prize Laureate Myron S. Scholes
   Nobel Prize in Economics documents, Nobel Prize Committee

1998

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

1997

4. Derivatives in a Dynamic Environment
   Nobel Prize in Economics documents, Nobel Prize Committee View citations (5)
   See also Journal Article Derivatives in a Dynamic Environment, American Economic Review, American Economic Association (1998) View citations (11) (1998)

1992

5. Firms' Responses to Anticipated Reductions in Tax Rates: The Tax Reform Act of 1986
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (57)
   See also Journal Article FIRMS RESPONSES TO ANTICIPATED REDUCTIONS IN TAX RATES - THE TAX-REFORM ACT OF 1986, Journal of Accounting Research, Wiley Blackwell (1992) View citations (51) (1992)

1989

6. Converting Corporations to Partnerships through Leverage: Theoretical and Practical Impediments
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
7. Decentralized Investment Banking: The Case of Discount Dividend-Reinve stment and Stock-Purchase Plans
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
   See also Journal Article Decentralized investment banking: The case of discount dividend-reinvestment and stock-purchase plans, Journal of Financial Economics, Elsevier (1989) View citations (18) (1989)
8. Employee Stock Ownership Plans and Corporate Restructuring: Myths and Realities
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
9. The Effects of Changes in Tax Laws on Corporate Reorganization Activity
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   See also Journal Article The Effects of Changes in Tax Laws on Corporate Reorganization Activity, The Journal of Business, University of Chicago Press (1990) View citations (84) (1990)

1982

10. Economic Implications of ERISA
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    See also Chapter Economic Implications of ERISA, NBER Chapters, National Bureau of Economic Research, Inc (1983) View citations (1) (1983)
11. Who Owns the Assets in a Defined Benefit Pension Plan
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Chapter Who Owns the Assets in a Defined-Benefit Pension Plan?, NBER Chapters, National Bureau of Economic Research, Inc (1983) View citations (13) (1983)

Journal Articles

2013

1. Fischer Black
   Annual Review of Financial Economics, 2013, 5, (1), 9-19
   Also in Journal of Finance, 1995, 50, (5), 1359-70 (1995)

2007

2. Information Sharing, Price Negotiation and Management Buy-outs of Private Family-owned Firms
   Small Business Economics, 2007, 29, (3), 329-349 View citations (22)

2006

3. The Derivatives Sourcebook
   Foundations and Trends(R) in Finance, 2006, 1, (5–6), 365-572

2004

4. The future of hedge funds
   Journal of Financial Transformation, 2004, 10, 8-11 View citations (3)
   Also in Journal of Financial Transformation, 2004, 10, 8-11 (2004) View citations (3)

2001

5. Merton H. Miller: Memories of a Great Mentor and Leader
   Journal of Finance, 2001, 56, (4), 1179-1182

2000

6. Crisis and Risk Management
   American Economic Review, 2000, 90, (2), 17-21 View citations (67)

1998

7. Derivatives in a Dynamic Environment
   American Economic Review, 1998, 88, (3), 350-70 View citations (11)
   See also Working Paper Derivatives in a Dynamic Environment, Nobel Prize in Economics documents (1997) View citations (5) (1997)

1996

8. Global Financial Markets, Derivative Securities, and Systemic Risks
   Journal of Risk and Uncertainty, 1996, 12, (2-3), 271-86 View citations (4)

1993

9. Entretien avec Myron Scholes, Managing Director, Salomon Brothers et Professeur à Stanford
   Revue d'Économie Financière, 1993, 24, (1), 123-130

1992

10. FIRMS RESPONSES TO ANTICIPATED REDUCTIONS IN TAX RATES - THE TAX-REFORM ACT OF 1986
    Journal of Accounting Research, 1992, 30, 161-185 View citations (51)
    See also Working Paper Firms' Responses to Anticipated Reductions in Tax Rates: The Tax Reform Act of 1986, NBER Working Papers (1992) View citations (57) (1992)

1991

11. Stock and Compensation
    Journal of Finance, 1991, 46, (3), 803-23 View citations (4)

1990

12. Tax Planning, Regulatory Capital Planning, and Financial Reporting Strategy for Commercial Banks
    The Review of Financial Studies, 1990, 3, (4), 625-50 View citations (136)
13. The Effects of Changes in Tax Laws on Corporate Reorganization Activity
    The Journal of Business, 1990, 63, (1), S141-64 View citations (84)
    See also Working Paper The Effects of Changes in Tax Laws on Corporate Reorganization Activity, NBER Working Papers (1989) View citations (5) (1989)

1989

14. Decentralized investment banking: The case of discount dividend-reinvestment and stock-purchase plans
    Journal of Financial Economics, 1989, 24, (1), 7-35 View citations (18)
    See also Working Paper Decentralized Investment Banking: The Case of Discount Dividend-Reinve stment and Stock-Purchase Plans, NBER Working Papers (1989) View citations (18) (1989)
15. STOCK INDEX FUTURES AND THE CRASH OF '87
    Journal of Applied Corporate Finance, 1989, 1, (4), 6-17

1982

16. Dividends and Taxes: Some Empirical Evidence
    Journal of Political Economy, 1982, 90, (6), 1118-41 View citations (165)
17. The Returns and Risks of Alternative Put-Option Portfolio Investment Strategies
    The Journal of Business, 1982, 55, (1), 1-55 View citations (19)

1981

18. The economics of hedging and spreading in futures markets
    Journal of Futures Markets, 1981, 1, (2), 265-286 View citations (8)

1980

19. Optimal Liquidation of Assets in the Presence of Personal Taxes: Implications for Asset Pricing
    Journal of Finance, 1980, 35, (2), 439-49 View citations (20)

1978

20. Dividends and taxes
    Journal of Financial Economics, 1978, 6, (4), 333-364 View citations (159)
21. The Returns and Risk of Alternative Call Option Portfolio Investment Strategies
    The Journal of Business, 1978, 51, (2), 183-242 View citations (36)

1977

22. Estimating betas from nonsynchronous data
    Journal of Financial Economics, 1977, 5, (3), 309-327 View citations (824)

1976

23. Taxes and the Pricing of Options
    Journal of Finance, 1976, 31, (2), 319-32 View citations (19)

1974

24. From Theory to a New Financial Product
    Journal of Finance, 1974, 29, (2), 399-412 View citations (7)
25. The effects of dividend yield and dividend policy on common stock prices and returns
    Journal of Financial Economics, 1974, 1, (1), 1-22 View citations (188)

1973

26. Causes and Predictions of Rates of Return on Stocks and Bonds: Discussion
    Journal of Finance, 1973, 28, (2), 315-18
27. The Pricing of Options and Corporate Liabilities
    Journal of Political Economy, 1973, 81, (3), 637-54 View citations (7343)

1972

28. The Market for Securities: Substitution versus Price Pressure and the Effects of Information on Share Prices
    The Journal of Business, 1972, 45, (2), 179-211 View citations (231)
29. The Valuation of Option Contracts and a Test of Market Efficiency
    Journal of Finance, 1972, 27, (2), 399-417 View citations (155)

Chapters

2023

1. Using Option Pricing Information to Time Diversify Portfolio Returns
   Chapter 1 in Options — 45 years since the Publication of the Black–Scholes–Merton Model The Gershon Fintech Center Conference, 2023, pp 1-15

2009

2. Makert-Based Mechanisms to Reduce Systemic Risk
   Chapter 7 in The Road Ahead for the Fed, 2009 View citations (1)

1991

3. The Role of Tax Rules in the Recent Restructuring of US Corporations
   A chapter in Tax Policy and the Economy, Volume 5, 1991, pp 1-24 View citations (8)

1983

4. Economic Implications of ERISA
   A chapter in Financial Aspects of the United States Pension System, 1983, pp 37-56 View citations (1)
   See also Working Paper Economic Implications of ERISA, National Bureau of Economic Research, Inc (1982) View citations (2) (1982)
5. Who Owns the Assets in a Defined-Benefit Pension Plan?
   A chapter in Financial Aspects of the United States Pension System, 1983, pp 17-36 View citations (13)
   See also Working Paper Who Owns the Assets in a Defined Benefit Pension Plan, National Bureau of Economic Research, Inc (1982) View citations (10) (1982)