Merton H. Miller
Merton H. Miller received the 1990 prize in Economic Sciences. This profile brings together the official award record and attributed background on the economist’s work and career.
Personal and professional profile
- Name
- Merton H. Miller [1]
- Full name
- Merton H. Miller [2]
- Birth date
- 1923-05-16 [2]
- Birthplace
- Boston, MA, USA [2]
- Education
- Harvard University; Johns Hopkins University [3]
- Fields / occupation
- writer; economist [3]
- Prize
- Economic Sciences · 1990 [2]
- Research recognized
- for their pioneering work in the theory of financial economics [2]
- Prize share
- 1/3 [2]
- Affiliation at the award
- University of Chicago [2]
- Death date
- 2000-06-03 [2]
- Institutions in career record
- United States Department of the Treasury; Carnegie Mellon University; University of Chicago; London School of Economics and Political Science [3]
Research, education and career background
Merton Howard Miller (May 16, 1923 – June 3, 2000) was an American economist, and the co-author of the Modigliani–Miller theorem (1958), which proposed the irrelevance of debt-equity structure. He shared the Nobel Memorial Prize in Economic Sciences in 1990, along with Harry Markowitz and William F. Sharpe. Miller spent most of his academic career at the University of Chicago's Booth School of Business. [4]
Selected introductory text by Wikipedia contributors — Merton Miller, under CC BY-SA 4.0. Official facts are cited separately.
Award and academic affiliation
The official Nobel record dates the Economic Sciences award to 1990 and lists University of Chicago as the affiliation at the time. [2]
An affiliation attached to an award describes that point in the person’s career; it does not establish a current appointment. [2]
Education and career timeline
Source-supported connections
Frequently asked questions
When did Merton H. Miller receive the prize in Economic Sciences?
The official award record gives the year as 1990. [2]
Which institution was Merton H. Miller affiliated with at the time of the Economic Sciences award?
University of Chicago. This is the award-time affiliation. [2]
Merton H. Miller connection map
Select a node to inspect the relationship and source.
Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.
Sources and review dates
- Nobel Prize — official biography and award record ↗
- Nobel Prize — official biography and award record ↗
- Wikidata background facts (CC0) ↗
- Wikipedia contributors — Merton Miller (CC BY-SA 4.0) ↗
Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.