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Leverage

Author

Listed:
  • Miller, Merton H.

    (University of Chicago)

Abstract

Prize Lecture to the memory of Alfred Nobel, December 7, 1990.

Suggested Citation

  • Miller, Merton H., 1990. "Leverage," Nobel Prize in Economics documents 1990-2, Nobel Prize Committee.
  • Handle: RePEc:ris:nobelp:1990_002
    as

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    File URL: http://nobelprize.org/nobel_prizes/economics/laureates/1990/miller-lecture.pdf
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    References listed on IDEAS

    as
    1. Merton H. Miller, 1989. "The Modigliani‐Miller Propositions After Thirty Years," Journal of Applied Corporate Finance, Morgan Stanley, vol. 2(1), pages 6-18, March.
    2. Miller, Merton H, 1977. "Debt and Taxes," Journal of Finance, American Finance Association, vol. 32(2), pages 261-275, May.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Lim, Steve C. & Mann, Steven C. & Mihov, Vassil T., 2017. "Do operating leases expand credit capacity? Evidence from borrowing costs and credit ratings," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 100-114.
    2. Lang, Larry & Ofek, Eli & Stulz, Rene M., 1996. "Leverage, investment, and firm growth," Journal of Financial Economics, Elsevier, vol. 40(1), pages 3-29, January.
    3. Hal Varian, 1993. "A Portfolio of Nobel Laureates: Markowitz, Miller and Sharpe," Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 159-169, Winter.
    4. Drees, Burkhard & Eckwert, Bernhard, 2000. "Leverage and the price volatility of equity shares in equilibrium," The Quarterly Review of Economics and Finance, Elsevier, vol. 40(2), pages 155-167.

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    More about this item

    Keywords

    Leverage;

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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