Being acknowledged as one of greatest minds of the 20th century didn’t stop Franco Modigliani from challenging his friends and visitors in a sporting fashion - every encounter started with a friendly ...
In their 1961 paper Dividend Policy, Growth, and the Valuation of Shares, Merton Miller and Franco Modigliani famously established that dividend policy should be irrelevant to stock returns.
Merton, Robert C. "On the Current State of the Stock Market Rationality Hypothesis." In Macroeconomics and Finance: Essays in Honor of Franco Modigliani, edited by R. Dornbusch, S. Fischer, and J.
His partnership with Franco Modigliani sparked not only a dear friendship, but also generated a theorem which upended all previous work and beliefs on the relationship between the value of a company ...
Aando, Albert, and Franco Modigliani. 1963. “The ‘Life Cycle’ Hypothesis of Saving: Aggregate Implications and Tests.” American Economic Review 53(1): 55–84. Alan, Sule, Kadir Atalay, and Thomas F.
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