SSRN Electronic Journal · 2020 · 13 citations · 23 references
BusinessEconomicsFinanceBank RegulationBankingFinancial EconomicsBank Risk ManagementBanking RegulationFinancial CrisesFinancial RiskFinancial StabilityMonetary PolicyBanking Crisis RiskBanking FragilityBanking System FragilityContingent Claims AnalysisContingent Claims ValuationCorporate Discount RatesFinancial Stability ImpactMonetary Policy Dynamics
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The Pricing of Options and Corporate Liabilities
Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.4K citations
ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*
Robert C. Merton · The Journal of Finance · 1974 · 11K citations · Full text
Business, Finance, Asset Pricing +16
Option pricing when underlying stock returns are discontinuous
Robert C. Merton · Journal of Financial Economics · 1976 · 6.1K citations · Full text
Business, Finance, Asset Pricing +16