Merton H. Miller

Merton Howard Miller (born May 16, 1923 in Boston , Massachusetts , † June 3, 2000 in Chicago ) was an American economist and received the Alfred Nobel Memorial Prize for economics in with Harry M. Markowitz and William F. Sharpe 1990 for his fundamental scientific contributions to the theory of corporate finance ( Modigliani-Miller theorem with Franco Modigliani 1958).

Miller worked in the Treasury during World War II (tax research) and studied at Johns Hopkins University with a doctorate in 1952. He was then visiting professor at the London School of Economics and then at the Carnegie Institute of Technology . From 1961 he was a professor in the Booth School of Business at the University of Chicago . In 1993 he retired.

From 1983 to 1985 he was a director of the Chicago Board of Trade and from 1990 to his death in 2000 of the Chicago Mercantile Exchange.

Fonts

with Franco Modigliani: The Cost of Capital, Corporation Finance and the Theory of Investment, American Economic Review, Volume 48, 1958, pp. 261-297
with Franco Modigliani: Corporate income taxes and the cost of capital: a correction, American Economic Review, Volume 53, 1963, pp. 433–443
Merton Miller on Derivatives, Wiley 1991
Financial Innovations and Market Volatility, Blackwell Publ. 1991
with Charles W. Upton: Macroeconomics: A Neoclassical Introduction, Chicago: University of Chicago Press 1986
with Reuben A. Kessel, RH Coase: Essays in Applied Price Theory. Chicago: University of Chicago Press 1980
with Eugene F. Fama: The Theory of Finance. New York: Holt, Rinehart & Winston 1972

personal data
SURNAME	Miller, Merton H.
ALTERNATIVE NAMES	Miller, Merton Howard (full name)
BRIEF DESCRIPTION	American economist and Nobel Prize laureate in economics
DATE OF BIRTH	May 16, 1923
PLACE OF BIRTH	Boston , Massachusetts, USA
DATE OF DEATH	June 3, 2000
Place of death	Chicago , USA