Publications
Publications
- 1993
- Studies of Supply and Demand in Higher Education
Optimal Investment Strategies for University Endowment Funds
By: Robert C. Merton
Keywords
Investment Funds; Financial Strategy; Higher Education; Non-Governmental Organizations; Education Industry; Financial Services Industry
Citation
Merton, Robert C. "Optimal Investment Strategies for University Endowment Funds." In Studies of Supply and Demand in Higher Education, edited by C. Clotfelter and M. Rothschild. Chicago: University of Chicago Press, 1993. (Chapter 21 in Continuous-Time Finance.)