articleTop 10% cited
An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory
Journal of Banking & Finance · 1977 · Vol. 1(1) · pp. 3–11
Robert C. Merton✉(Massachusetts Institute of Technology)
Stochastic processes and financial applicationsCredit Risk and Financial RegulationsBanking stability, regulation, efficiencyLoanSubsidiaryDeposit insuranceLiabilityEconomicsActuarial scienceBusinessCorporationFinance
Citations
1,938
FWCI
9.24
field-weighted impact
References
15
Percentile
97%
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References
The Pricing of Options and Corporate Liabilities
Journal of Political Economy · 1973 · 29,215 citations
ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*
The Journal of Finance · 1974 · 11,005 citations
On the Pricing of Corporate Debt: The Risk Structure of Interest Rates
The Journal of Finance · 1974 · 2,806 citations
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