2026 Robert C. Merton: Economics and Finance Researcher – H-Index, Publications & Awards

Discipline name	D-Index	World Ranking	Current World Ranking	National Ranking	Current National Ranking	Publications	Citations
Economics and Finance	69	472	422	311	272	193	92752

Research.com Recognitions

2000 - Fellow of the American Finance Association (AFA)
1997 - Nobel Prize for a new method to determine the value of derivatives
1997 - Nobel Memorial Prize laureates in Economics for a new method to determine the value of derivatives.
1993 - Member of the National Academy of Sciences
1986 - Fellow of the American Academy of Arts and Sciences
1983 - Fellows of the Econometric Society
1957 - Fellow of the American Association for the Advancement of Science (AAAS)
Fellow of the Financial Management Association
Fellow of the Financial Management Association
Fellow of the Financial Management Association

Overview

Robert C. Merton is affiliated with MIT in the United States. Their academic work spans fields such as Business, Management and Accounting, and Economics, Econometrics and Finance. Within these disciplines, their main focus areas include Finance, Accounting, Strategy and Management, Economics and Econometrics, and Sociology and Political Science.

Their research topics cover various subjects, including:

Financial Reporting and Valuation Research
Financial Literacy, Pension, Retirement Analysis
Banking stability, regulation, efficiency
Corporate Finance and Governance
Financial Markets and Investment Strategies
Corporate Insolvency and Governance
Corruption and Economic Development

Robert C. Merton's recent papers include:

"Trust, Transparency, and Complexity" (2023), published in Review of Financial Studies
"SeLFIES: A New Pension Bond and Currency for Retirement" (2020), published in SSRN Electronic Journal
"Tendencias y perspectivas de la ciencia financiera: Un artículo de revisión" (2020), published in Revista Mexicana de Economía y Finanzas
"No-fault default, chapter 11 bankruptcy, and financial institutions" (2021), published in Journal of Banking & Finance
"Trust in Lending" (2024), published in The Review of Economics and Statistics

Frequent co-authors include:

Richard T. Thakor
Wei Dai
Rizova Savina
Arun Muralidhar
Francisco Venegas-Martínez

The main venues where this scientist has published are:

SSRN Electronic Journal
The Journal of Alternative Investments
Review of Financial Studies
The Review of Economics and Statistics
Revista Mexicana de Economía y Finanzas

In addition to journal articles, Robert C. Merton has published a book titled Principles of Finance, expected to be released by Cambridge University Press in 2025.

Their career includes recognition through several awards and honors such as:

Fellow of the American Finance Association (AFA), 2000
Nobel Memorial Prize laureate in Economics, 1997, for a new method to determine the value of derivatives
Nobel Prize, 1997, for a new method to determine the value of derivatives
Member of the National Academy of Sciences, 1993
Fellow of the American Academy of Arts and Sciences, 1986
Fellow of the Econometric Society, 1983
Fellow of the American Association for the Advancement of Science (AAAS), 1957
Fellow of the Financial Management Association

Best Publications

ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES

Robert C. Merton

15692
Citations
AN INTERTEMPORAL CAPITAL ASSET PRICING MODEL

Robert C. Merton

9234
Citations
A Simple Model of Capital Market Equilibrium with Incomplete Information

Robert C. Merton

8677
Citations
Option pricing when underlying stock returns are discontinuous

Robert C. Merton

8582
Citations
Optimum consumption and portfolio rules in a continuous-time model☆

Robert C Merton

8089
Citations
Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case

Robert C. Merton

6695
Citations
On estimating the expected return on the market: An exploratory investigation

Robert C. Merton

4447
Citations
Continuous-Time Finance

Robert C. Merton;Paul Anthony Samuelson

3954
Citations
Labor Supply Flexibility and Portfolio Choice in a Life-Cycle Model

Zvi Bodie;Robert Merton;William F. Samuelson

3169
Citations
An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory

Robert C. Merton

2403
Citations
On Market Timing and Investment Performance Part II: Statistical Procedures for Evaluating Forecasting Skills

Roy D. Henriksson;Robert C. Merton

2151
Citations
An Analytic Derivation of the Efficient Portfolio Frontier

Unknown

1093
Citations
THE VALUATION OF AMERICAN PUT OPTIONS

Robert C. Merton;Michael J. Brennan;Eduardo S. Schwartz

990
Citations
On Market Timing and Investment Performance Part I: An Equilibrium Theory of Value for Market Forecasts

Robert C. Merton

857
Citations
Dividend variability and variance bounds tests for the rationality of stock market prices

Terry A. Marsh;Robert C. Merton

700
Citations
Financial innovation and the management and regulation of financial institutions

Robert C. Merton

615
Citations
On the cost of deposit insurance when there are surveillance costs

Robert C. Merton

473
Citations
Macroeconomics and Finance: The Role of the Stock Market

Stanley Fischer;Stanley Fischer;Robert C. Merton;Robert C. Merton

473
Citations
A Functional Perspective of Financial Intermediation

Robert C. Merton

468
Citations
Dividend Behavior for the Aggregate Stock Market

Terry A. Marsh;Robert C. Merton

462
Citations
THEORY OF RISK CAPITAL IN FINANCIAL FIRMS

Robert C. Merton;André Perold

460
Citations

Frequent Co-Authors

Zvi Bodie Boston University

Andrew W. Lo MIT

Francesco Giavazzi Bocconi University

Paul A. Samuelson MIT

Robert S. Kaplan Harvard University

Stanley Fischer BlackRock (United States)

Alan J. Marcus Boston College

Peter Tufano Harvard University

Eduardo S. Schwartz Simon Fraser University

Edward J. Kane Boston College

External Links

Wikipedia of Robert C. Merton Personal website of Robert C. Merton

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