Access Statistics for Robert C. Merton

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A New Framework for Analyzing and Managing Macrofinancial Risks of an Economy 1 1 1 233 2 4 11 643
A simple model of capital market equilibrium with incomplete information 3 6 12 1,432 4 12 47 3,530
An asymptotic theory of growth under uncertainty 0 0 4 275 0 1 14 518
Applications of Option-Pricing Theory: Twenty-Five Years Later 0 1 5 173 2 7 20 409
Autobiography 0 1 2 17 0 2 13 104
Capital market theory and the pricing of financial securities 0 0 2 386 2 4 10 867
Continuous-time portfolio theory and the pricing of contingent claims 0 1 4 242 0 1 7 417
Customers and Investors: A Framework for Understanding Financial Institutions 0 2 3 43 0 2 6 131
Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs? 1 1 4 1,528 3 4 17 6,457
Dividend Behavior for the Aggregate Stock Market 0 0 0 0 0 3 17 732
Dividend variability and variance bounds tests for the rationality of stock market prices 0 0 0 200 0 1 13 477
Do a Firm's Equity Returns Reflect the Risk of Its Pension Plan? 1 3 5 210 2 5 17 682
Earnings variablility and variance bounds tests for the rationality of stock market prices 0 0 0 34 0 0 2 145
Financial Innovation and the Management and Regulation of Financial Institutions 1 3 5 1,374 3 7 30 2,889
Interview with Nobel Prize Laureate Robert C. Merton 0 2 3 57 0 3 13 246
Labor Supply Flexibility and Portfolio Choice in a Life-Cycle Model 0 2 10 1,080 1 12 35 2,219
Macroeconomics and Finance: The Role of the Stock Market 2 3 28 1,224 12 22 133 4,692
New Framework for Measuring and Managing Macrofinancial Risk and Financial Stability 0 1 2 202 0 4 12 417
New Framework for Measuring and Managing Macrofinancial Risk and Financial Stability 0 3 5 405 1 6 18 1,050
No-fault Default, Chapter 11 Bankruptcy, and Financial Institutions 0 0 12 12 0 3 27 27
On Consumption-Indexed Public Pension Plans 0 0 0 101 1 3 9 379
On Estimating the Expected Return on the Market: An Exploratory Investigation 2 5 27 2,309 3 13 79 14,533
On the Role of Social Security as a Means for Efficient Risk-Bearing in an Economy Where Human Capital Is Not Tradeable 0 0 1 122 1 2 12 508
On the cost of deposit insurance when there are surveillance costs 0 2 2 273 0 5 19 667
On the current state of the stock market rationality hypothesis 0 0 5 353 0 0 23 1,431
On the microeconomic theory of investment under uncertainty 0 0 1 307 0 4 9 562
On the pricing of corporate debt: the risk structure of interest rates 4 8 43 4,826 16 41 183 9,276
Optimal Investment Strategies for University Endowment Funds 0 1 2 1,037 1 4 13 2,635
Optimum Consumption and Portfolio Rules in a Continuous-time Model 0 0 0 0 1 9 52 7,247
Option pricing when underlying stock returns are discontinuous 1 5 13 4,613 4 15 40 7,705
Pension Plan Integration as Insurance Against Social Security Risk 1 1 1 147 1 2 4 848
Report on “The Committee on Yen Risk-free-rate Model Estimation†0 1 1 10 0 2 4 114
Systemic Risk and the Refinancing Ratchet Effect 0 2 2 123 2 8 31 485
Systemic Risk and the Refinancing Ratchet Effect 0 1 1 157 1 4 23 496
The Design of Financial Systems: Towards a Synthesis of Function and Structure 0 4 12 720 7 19 75 1,958
Transparency, Risk Management and International Financial Fragility 0 1 3 489 0 2 21 1,698
Trust in Lending 0 1 6 55 0 2 24 104
Total Working Papers 17 62 227 24,769 70 238 1,083 77,298


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Functional Perspective of Financial Intermediation 0 0 0 0 9 33 148 2,881
A Model of Contract Guarantees for Credit-Sensitive, Opaque Financial Intermediaries 1 1 4 6 1 1 9 25
A Proposal for Expensing Employee Compensatory Stock Options for Financial Reporting Purposes 0 0 0 11 0 0 2 94
A Simple Model of Capital Market Equilibrium with Incomplete Information 3 14 66 1,056 15 69 269 2,911
ADB's Distinguished Speakers Program Measuring the Connectedness of the Financial System: Implications for Risk Management 0 0 0 15 0 0 3 61
Allocating Shareholder Capital to Pension Plans 0 0 1 175 0 0 4 363
An Analytic Derivation of the Efficient Portfolio Frontier 4 11 45 270 7 24 152 687
An Asymptotic Theory of Growth Under Uncertainty 0 0 5 189 0 1 13 446
An Intertemporal Capital Asset Pricing Model 3 11 57 4,327 10 36 179 11,467
An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory 2 10 35 1,289 7 26 109 3,047
Applications of Option-Pricing Theory: Twenty-Five Years Later 0 0 0 946 0 2 10 1,909
Customers and investors: A framework for understanding the evolution of financial institutions 0 1 5 10 1 10 32 64
Deposit insurance reform: a functional approach 1 2 3 162 1 2 8 446
Dividend Behavior for the Aggregate Stock Market 1 3 9 389 1 7 41 894
Dividend Variability and Variance Bounds Tests for the Rationality ofStock Market Prices 1 1 11 284 3 5 28 738
Do a firm's equity returns reflect the risk of its pension plan? 1 2 12 137 2 7 42 428
FINANCIAL INNOVATION AND ECONOMIC PERFORMANCE 1 4 18 625 1 6 38 1,143
Fallacy of the log-normal approximation to optimal portfolio decision-making over many periods 2 7 22 419 5 16 50 932
Financial innovation and the management and regulation of financial institutions 2 2 9 448 5 7 37 1,322
Fischer Black 1 1 2 44 1 1 4 170
Generalized Mean-Variance Tradeoffs for Best Perturbation Corrections to Approximate Portfolio Decisions 0 0 0 84 0 0 7 243
In Honor of Nobel Laureate, Franco Modigliani 0 0 0 73 0 0 3 296
International pension swaps 0 0 3 76 0 1 6 218
Labor supply flexibility and portfolio choice in a life cycle model 2 8 25 604 7 22 100 1,508
Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case 2 32 101 3,047 9 86 299 6,057
MARK-TO-MARKET ACCOUNTING FOR BANKS AND THRIFTS - LESSONS FROM THE DANISH EXPERIENCE 0 0 0 4 0 1 4 32
Macroeconomics and finance: The role of the stock market 0 2 6 307 0 5 39 905
On Market Timing and Investment Performance. I. An Equilibrium Theory of Value for Market Forecasts 0 0 6 760 5 8 42 1,735
On Market Timing and Investment Performance. II. Statistical Procedures for Evaluating Forecasting Skills 6 13 30 1,283 8 23 107 3,000
On estimating the expected return on the market: An exploratory investigation 2 9 37 734 25 50 157 2,274
On the Cost of Deposit Insurance When There Are Surveillance Costs 1 3 6 307 1 6 21 757
On the Management of Financial Guarantees 0 0 0 0 0 0 22 999
On the Pricing of Corporate Debt: The Risk Structure of Interest Rates 7 14 106 2,381 18 47 345 5,503
On the pricing of contingent claims and the Modigliani-Miller theorem 0 0 4 533 0 3 19 1,075
Optimum consumption and portfolio rules in a continuous-time model 3 14 79 5,236 12 44 210 8,772
Option pricing when underlying stock returns are discontinuous 5 19 60 1,270 12 46 179 2,987
Paul Samuelson and Financial Economics 0 0 1 4 0 3 8 33
Preface to the Annual Review of Financial Economics 0 0 1 51 0 0 2 221
Reply to Benston and Kaufman 0 0 0 29 1 1 3 144
SeLFIES: A NEW PENSION BOND AND CURRENCY FOR RETIREMENT 0 2 9 13 1 6 36 55
Speeches by Nobel Laureates 0 0 0 0 0 0 6 583
Systemic risk and the refinancing ratchet effect 0 0 0 79 2 8 43 479
THEORY OF RISK CAPITAL IN FINANCIAL FIRMS 1 17 83 1,142 2 34 161 1,971
The Derivatives Sourcebook 0 1 2 50 2 12 43 283
The Impact on Option Pricing of Specification Error in the Underlying Stock Price Returns 0 2 4 123 0 2 10 276
The Optimality of a Competitive Stock Market 0 0 0 61 0 2 6 307
The Relationship Between Put and Call Option Prices: Comment 0 0 8 262 0 6 27 739
The Returns and Risk of Alternative Call Option Portfolio Investment Strategies 0 0 14 458 0 0 25 1,170
The Returns and Risks of Alternative Put-Option Portfolio Investment Strategies 0 0 3 307 0 0 9 920
Theory of Finance from the Perspective of Continuous Time 1 2 3 63 2 5 10 167
Theory of Rational Option Pricing 6 22 88 9,901 22 69 332 21,860
Total Journal Articles 59 230 983 40,044 198 743 3,459 95,597


Book File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Asset Management in Volatile Markets 0 0 1 71 2 4 8 377
Total Books 0 0 1 71 2 4 8 377


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Capital market theory and the pricing of financial securities 0 1 1 435 0 13 25 2,106
DESIGN OF FINANCIAL SYSTEMS: TOWARDS A SYNTHESIS OF FUNCTION AND STRUCTURE 0 0 2 9 1 3 17 52
Defined Benefit versus Defined Contribution Pension Plans: What are the Real Trade-offs? 0 1 3 110 0 2 20 351
Measuring and Managing Macrofinancial Risk and Financial Stability: A New Framework 0 5 8 97 2 11 28 250
On Consumption Indexed Public Pension Plans 0 0 0 20 0 2 10 92
On the Role of Social Security as a Means for Efficient Risk Sharing in an Economy Where Human Capital Is Not Tradable 1 2 5 70 1 3 16 151
On the microeconomic theory of investment under uncertainty 0 1 8 345 1 5 19 1,132
Optimal Investment Strategies for University Endowment Funds 0 0 2 182 1 1 10 466
Pension Plan Integration As Insurance Against Social Security Risk 1 1 1 28 5 28 55 150
Theory of rational option pricing 0 3 14 60 2 13 75 305
Total Chapters 2 14 44 1,356 13 81 275 5,055
1 registered items for which data could not be found


Statistics updated 2021-08-01