The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990
Awarded on: 1990-10-16
"for their pioneering work in the theory of financial economics"
Affiliations:
- University of Chicago – Chicago, IL, USA
Merton H. Miller
Born: 1923-05-16 in Boston, MA, USA
Gender: male
Field: American economist
Biography
Merton Howard Miller was an American economist, and the co-author of the Modigliani–Miller theorem (1958), which proposed the irrelevance of debt-equity structure. He shared the Nobel Memorial Prize in Economic Sciences in 1990, along with Harry Markowitz and William F. Sharpe. Miller spent most of his academic career at the University of Chicago's Booth School of Business.