Cozzi, Terenzio - In: Banca Nazionale del Lavoro Quarterly Review 58 (2005) 233-234, pp. 215-235
The paper examines the influence of Modigliani's contributions to the theory of finance. As for the term structure of interest rates, the preferred habitat theory, had a mixed fortune: it was utilized by financial managers for a rather long time, before being discarded in the 1980s and, perhaps,...