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A Modigliani-Miller Theorem for Open-Market Operations

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  • Wallace, Neil

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  • Wallace, Neil, 1981. "A Modigliani-Miller Theorem for Open-Market Operations," American Economic Review, American Economic Association, vol. 71(3), pages 267-274, June.
  • Handle: RePEc:aea:aecrev:v:71:y:1981:i:3:p:267-74
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    References listed on IDEAS

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    1. Merton H. Miller & Daniel Orr, 1966. "A Model of the Demand for Money by Firms," The Quarterly Journal of Economics, Oxford University Press, vol. 80(3), pages 413-435.
    2. Stiglitz, Joseph E, 1969. "A Re-Examination of the Modigliani-Miller Theorem," American Economic Review, American Economic Association, vol. 59(5), pages 784-793, December.
    3. Bryant, John & Wallace, Neil, 1979. "The Inefficiency of Interest-bearing National Debt," Journal of Political Economy, University of Chicago Press, vol. 87(2), pages 365-381, April.
    4. Klein, Michael A, 1973. "The Economics of Security Divisibility and Financial Intermediation," Journal of Finance, American Finance Association, vol. 28(4), pages 923-931, September.
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