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Modigliani’s comments on Sylos Labini’s theory of unemployment (1956-1958)
This note discusses Modigliani’s and Sylos Labini’s unemployment theory starting from a long letter Modigliani wrote to his friend and colleague, commenting the provisional edition of “Oligopolio e Progresso Tecnico” (1956).
Antonella Rancan
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The first article published by Franco Modigliani has become one of the basic texts of the modern Keynesian economics. It formalized the model (or at least one model) implicit in the General Theory.
Robert M. Solow
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The letter, dated 14 September 1956, starts a decade long correspondence between Franco Modigliani and Paolo Sylos Labini. Here Modigliani discusses at length a first draft of Sylos Labini’s book on oligopoly theory.
Franco Modigliani
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The Validity of Modigliani-Miller Theorem at the Commercial Banking Industry of Jordan
The study objects for investigating whether the findings of Modigliani-Miller Theorem (1958-1963), are valid in the environment of listed commercial banks at Amman Stock Exchange.
M. Obeidat
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Modification of the Modigliani–Miller Theory for the Case of Advance Payments of Tax on Profit
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P. Brusov +5 more
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Il lavoro riassume le principali implicazioni dell’ipotesi del ciclo vitale per quanto riguarda il risparmio individuale e aggregato, la politica fiscale e la previdenza sociale, soffermandosi sui contributi più importanti di Modigliani su questi temi ...
Tullio Jappelli
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Modigliani Meets Minsky: Inequality, Debt, and Financial Fragility in America, 1950-2016
This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and financial fragility. We exploit a new household-level dataset that covers the joint distributions of debt, income, and wealth in the United ...
Alina K. Bartscher +3 more
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Una lettera a Sylos Labini. (A letter to Sylos Labini)
La lettera, datata 14 settembre 1956, inizia una corrispondenza decennale tra Franco Modigliani e Paolo Sylos Labini. Qui Modigliani discute a lungo una prima bozza del libro di Sylos Labini sulla teoria dell'oligopolio.
Franco Modigliani
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Questa nota tratta la teoria della disoccupazione di Modigliani e Sylos Labini partendo da una lunga lettera che Modigliani scrisse all'amico e collega, commentando l'edizione provvisoria di "Oligopolio e Progresso Tecnico" (1956).
Antonella Rancan
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This paper addresses the differences between the Modigliani-Miller [M&M] model (1958, 1963) and the Miles-Ezzell [M&E] model (1980, 1985). The main difference between these two models concerns the stochasticity of the free cash flows. While M&M assumes a
D. Becker
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