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Publications

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    • All HBS Web  (1,035)
      • Faculty Publications  (245)

      Robert C. ClarkRemove Robert C. Clark →

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      • 1990
      • Chapter

      Capital Market Theory and the Pricing of Financial Securities

      By: Robert C. Merton
      Keywords: Capital Markets; Financial Instruments; Asset Pricing; Mathematical Methods
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      Merton, Robert C. "Capital Market Theory and the Pricing of Financial Securities." In Handbook of Monetary Economics, edited by B. Friedman and F. Hahn. Amsterdam: North-Holland Publishing Company, 1990.
      • 1990
      • Book

      Continuous-Time Finance

      By: Robert C. Merton
      Keywords: Finance; Financing and Loans
      Citation
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      Merton, Robert C. Continuous-Time Finance. Oxford, U.K.: Basil Blackwell, 1990. (Rev. ed., 1992.)
      • April 1990
      • Case

      Clark Material Handling Group-Overseas: Brazilian Product Strategy (A&B) (Condensed)

      By: Robert J. Dolan
      Assumes some knowledge of conjoint analysis. Permits analysis of basic results and dynamic market simulations in one class session. View Details
      Keywords: Mathematical Methods; Marketing
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      Dolan, Robert J. "Clark Material Handling Group-Overseas: Brazilian Product Strategy (A&B) (Condensed)." Harvard Business School Case 590-081, April 1990.
      • March 1990
      • Teaching Note

      Instructor's Note on Development Project Audits

      By: Steven C. Wheelwright, Geoff K. Gill and Kim B. Clark
      Citation
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      Wheelwright, Steven C., Geoff K. Gill, and Kim B. Clark. "Instructor's Note on Development Project Audits." Harvard Business School Teaching Note 690-065, March 1990.
      • 1989
      • Other Unpublished Work

      Optimal Portfolio Rules in Continuous Time When the Nonnegativity Constraint on Consumption is Binding

      By: Robert C. Merton
      Citation
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      Merton, Robert C. "Optimal Portfolio Rules in Continuous Time When the Nonnegativity Constraint on Consumption is Binding." December 1989. (In Chapter 6 of Continuous-Time Finance.)
      • July 1989
      • Article

      On the Application of the Continuous-Time Theory of Finance to Financial Intermediation and Insurance

      By: Robert C. Merton
      Keywords: Theory; Finance; Insurance
      Citation
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      Merton, Robert C. "On the Application of the Continuous-Time Theory of Finance to Financial Intermediation and Insurance." Geneva Papers on Risk and Insurance 14, no. 52 (July 1989): 225–262. (Reproduced as Chapter 14 in Continuous-Time Finance.)
      • 1988
      • Chapter

      Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs

      By: Zvi Bodie, Alan J. Marcus and Robert C. Merton
      Keywords: Compensation and Benefits; Cost vs Benefits
      Citation
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      Bodie, Zvi, Alan J. Marcus, and Robert C. Merton. "Defined Benefit versus Defined Contribution Pension Plans: What are the Real Tradeoffs." In Pensions in the U.S. Economy, edited by John B. Shoven and David A. Wise. Chicago: University of Chicago Press, 1988.
      • 1987
      • Chapter

      Continuous-Time Stochastic Models

      By: Robert C. Merton
      Keywords: Mathematical Methods
      Citation
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      Merton, Robert C. "Continuous-Time Stochastic Models." In The New Palgrave: A Dictionary of Economic Theory and Doctrine, edited by John Eatwell, Murray Milgate, and Peter Newman. London: Macmillan Press, 1987. (Revised in The New Palgrave Dictionary of Money and Finance, London: MacMillan Press, Ltd., 1992.)
      • Article

      In Honor of Nobel Laureate, Franco Modigliani

      By: Robert C. Merton
      Citation
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      Merton, Robert C. "In Honor of Nobel Laureate, Franco Modigliani." Journal of Economic Perspectives 1, no. 2 (Fall 1987): 145–155.
      • 1987
      • Chapter

      Pension Plan Integration as Insurance against Social Security Risk

      By: Robert C. Merton, Zvi Bodie and Alan J. Marcus
      Keywords: Compensation and Benefits; Integration
      Citation
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      Merton, Robert C., Zvi Bodie, and Alan J. Marcus. "Pension Plan Integration as Insurance against Social Security Risk." In Issues in Pension Economics, edited by Zvi Bodie, John B. Shoven, and David A. Wise. Chicago: University of Chicago Press, 1987.
      • Article

      A Simple Model of Capital Market Equilibrium with Incomplete Information

      By: Robert C. Merton
      Keywords: Capital Markets
      Citation
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      Merton, Robert C. "A Simple Model of Capital Market Equilibrium with Incomplete Information." Journal of Finance 42, no. 3 (July 1987): 483–509.
      • 1987
      • Chapter

      On the Current State of the Stock Market Rationality Hypothesis

      By: Robert C. Merton
      Keywords: Financial Markets; Stocks; Mathematical Methods
      Citation
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      Merton, Robert C. "On the Current State of the Stock Market Rationality Hypothesis." In Macroeconomics and Finance: Essays in Honor of Franco Modigliani, edited by R. Dornbusch, S. Fischer, and J. Bossons. Cambridge: MIT Press, 1987.
      • January 1987
      • Article

      Dividend Behavior for the Aggregate Stock Market

      By: Terry A. Marsh and Robert C. Merton
      Keywords: Behavior; Stocks; Markets
      Citation
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      Marsh, Terry A., and Robert C. Merton. "Dividend Behavior for the Aggregate Stock Market." Journal of Business 60 (January 1987): 1–40.
      • June 1986
      • Article

      Dividend Variability and Variance Bounds Tests for the Rationality of Stock Market Prices

      By: Robert C. Merton and Terry A. Marsh
      Keywords: Stocks; Markets; Price
      Citation
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      Merton, Robert C., and Terry A. Marsh. "Dividend Variability and Variance Bounds Tests for the Rationality of Stock Market Prices." American Economic Review 76, no. 3 (June 1986): 483–498.
      • 1985
      • Chapter

      Implicit Labor Contracts Viewed as Options: A Discussion of 'Insurance Aspects of Pensions'

      By: Robert C. Merton
      Keywords: Compensation and Benefits; Decision Choices and Conditions; Contracts; Labor and Management Relations; Insurance
      Citation
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      Merton, Robert C. "Implicit Labor Contracts Viewed as Options: A Discussion of 'Insurance Aspects of Pensions'." In Pensions, Labor and Individual Choice, edited by David A. Wise. Chicago: University of Chicago Press, 1985.
      • 1985
      • Other Unpublished Work

      Corporate Dividend Dynamics at the Firm Level

      By: Terry A. Marsh and Robert C. Merton
      Keywords: Investment Return
      Citation
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      Marsh, Terry A., and Robert C. Merton. "Corporate Dividend Dynamics at the Firm Level." MIT Sloan School of Management, April 1985. (Unpubished manuscript.)
      • 1985
      • Chapter

      The Role of Contingent Claims Analysis in Corporate Finance

      By: Scott P. Mason and Robert C. Merton
      Keywords: Mathematical Methods; Corporate Finance
      Citation
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      Mason, Scott P., and Robert C. Merton. "The Role of Contingent Claims Analysis in Corporate Finance." In Recent Advances in Corporate Finance, edited by E. I. Altman and M. G. Subrahmanyam. Homewood, IL: Richard D. Irwin, 1985.
      • 1984
      • Chapter

      Macroeconomics and Finance: The Role of the Stock Market

      By: Stanley Fischer and Robert C. Merton
      Keywords: Macroeconomics; Financial Markets
      Citation
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      Fischer, Stanley, and Robert C. Merton. "Macroeconomics and Finance: The Role of the Stock Market." In Essays on Macroeconomic Implications of Financial and Labor Markets and Political Processes. Vol. 21, edited by K. Brunner and A. H. Meltzer. Amsterdam: North-Holland Publishing Company, 1984.
      • 1984
      • Working Paper

      Earnings Variability and Variance Bounds Tests for Rationality of Stock Market Prices

      By: Robert C. Merton and Terry A. Marsh
      Citation
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      Merton, Robert C., and Terry A. Marsh. "Earnings Variability and Variance Bounds Tests for Rationality of Stock Market Prices." Sloan School of Management Working Paper, No. 1559-84, April 1984.
      • 1984
      • Book

      Restoring our Competitive Edge: Competing Through Manufacturing

      By: Robert H. Hayes and Steven C. Wheelwright
      Citation
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      Hayes, Robert H., and Steven C. Wheelwright. Restoring our Competitive Edge: Competing Through Manufacturing. New York, NY: John Wiley & Sons, 1984.
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