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基本説明
The authors assess his influential theories, and his influence on contemporary economics.
Full Description
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.
Contents
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