Franco Modigliani

Starting with an overview of Modigliani's life, the authors explain and assess his influential theories, including his theory of the life-cycle hypothesis of saving; the famous Modigliani-Miller theorem in corporate finance; stabilisation policy; econometric model building and forecasting, and his legacy and influence on contemporary economics.

'The publication of the first installments in Palgrave Macmillan's new series, "Great Thinkers in Economics," should be a major event for historians of economics.' - Roger Blackhouse, University of Birmingham

Autorentext
Author Michael Szenberg: Michael Szenberg is Chair and Distinguished Professor of Business and Economics at Lander College of Arts and Sciences, Touro College and University System, USA. Author Lall Ramrattan: Lall Ramrattan holds a Ph.D from the New School for Social Research. He is an instructor at the University of California, Berkeley.

Inhalt
Foreword; R.Solow Preface Overview on Modigliani's Works Modigliani's Early Life and Influences Modigliani and Keynesian Economics The Gospel of Keynesian Reality: Development and Application of Modigliani's Model, 1944-2003, The Realm of Stabilization Policies The Life Cycle Hypothesis Modigliani and Miller's (M&M) Hypothesis Forecasting, The MPS Model A Question of Identity Selected Personal Vignettes