NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Optimal Investment Strategies for University Endowment Funds

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Robert C. Merton

Chapter in NBER book Studies of Supply and Demand in Higher Education (1993), Charles T. Clotfelter and Michael Rothschild, editors (p. 211 - 242)*
Published in January 1993

This chapter first appeared as NBER working paper w3820, Optimal Investment Strategies for University Endowment Funds, Robert C. Merton

This paper is available as PDF (395 K) or via email.

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