Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A privately-held tech company is desperate for cash. Structuring this deal as debt instead of as equity also ...
The Modigliani-Miller theory of bank capital posits that higher capital requirements result in negligible costs for banks, making them an effective way for regulators to increase the safety of banks ...
We’ll send you a myFT Daily Digest email rounding up the latest Letter news every morning. From Dr Peter Harding and Mr Martin Harrison. Sir, Dov Frishberg (Letters, August 30) accuses us of ...
Since the introduction of Basel III, bank capital requirements have been raised. The Modigliani and Miller (MM) theory indicates the irrelevance of the financing structure in terms of the cost of ...
Franco Modigliani’s Life-Cycle Hypothesis suggested that the more you earn, the more you save. This was contrary to conventional thinking that the level of savings fluctuated with income. His research ...
The Journal of Economic Perspectives (JEP) attempts to fill a gap between the general interest press and most other academic economics journals. The journal aims to publish articles that will serve ...