Merton, Robert C. “A Functional Perspective of Financial Intermediation.” Financial Management 24 (Summer 1995): 23-41
Merton, Robert C. “Influence of Mathematical Models in Finance on Practice: Past, Present and Future.” Series A. Philosophical Transactions of the Royal Society of London 347 (June 1994): 451-463. (Reprinted in Financial Practice and Education, spring 1995.)
Merton, Robert C., and Zvi Bodie. “A Conceptual Framework for Analyzing the Financial Environment.” Harvard Business School Working Paper, No. 95-062, 1995.
Merton, Robert C., and Zvi Bodie. "Financial Infrastructure and Public Policy: A Functional Perspective." Harvard Business School Working Paper, No. 95-064, 1995.
Merton, Robert C. and Zvi Bodie. “A Conceptual Framework for Analyzing the Financial Environment.” Chap. 1 in The Global Financial System: A Functional Perspective, edited by Dwight B. Crane, Kenneth A. Froot, Scott P. Mason, André Perold, Robert C. Merton, Zvi Bodie, Erik R. Sirri and Peter Tufano, 3-31. Boston: Harvard Business School Press, 1995.
Merton, Robert C. and Zvi Bodie. “Financial Infrastructure and Public Policy: A Functional Perspective.” Chap. 8 in The Global Financial System: A Functional Perspective, edited by Dwight B. Crane, Kenneth A. Froot, Scott P. Mason, André Perold, Robert C. Merton, Zvi Bodie, Erik R. Sirri and Peter Tufano, 263-282. Boston: Harvard Business School Press, 1995.
Merton, Robert C., and Myron Scholes. “Fischer Black.” Journal of Finance 50 (December 1995): 1359-1370.