Publications

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Optimal Investment Strategies for University Endowment Funds

1993 | Miscellaneous | Book Chapter
Merton, Robert C. “Optimal Investment Strategies for University Endowment Funds [pdf].” 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.)

Deposit Insurance Reform: A Functional Approach

1993 | Miscellaneous | Book Chapter
Merton, Robert C. and Zvi Bodie. "Deposit Insurance Reform: A Functional Approach" In Carnegie-Rochester Conference Series on Public Policy. Vol. 38, edited by A. Meltzer and C. Plosser. Amsterdam: Elsevier N.V., 1993.

Theory of Risk Capital in Financial Firms

Fall 1993 | Risk Management/Stocks | Paper
Merton, Robert C., and André Perold. “Theory of Risk Capital in Financial Firms.” Journal of Applied Corporate Finance 6, no. 3 (fall 1993): 16-32.

Management of Risk Capital in Financial Firms

1993 | Risk Management/Stocks | Book Chapter
Merton, Robert C., and André F. Perold. "Management of Risk Capital in Financial Firms." In Financial Services: Perspectives and Challenges, edited by Samuel L. Hayes III, 215-245. Boston, Mass.: Harvard Business School Press, 1993.

Continuous-Time Stochastic Models

1992 | Continuous-Time Finance | Book Chapter
Merton, Robert C. "Continuous-Time Stochastic Models." In The New Palgrave: A Dictionary of Economic Theory and Doctrine, edited by John Eatwell, Murray Milgate and Peter Newman. London: MacMillan Press, Ltd., 1987. (Revised in The New Palgrave Dictionary of Money and Finance, London: MacMillan Press, Ltd., 1992.)

Financial Innovation and Economic Performance

Winter 1992 | Financial Engineering | Paper
Merton, Robert C. "Financial Innovation and Economic Performance." Journal of Applied Corporate Finance 4, no. 4 (winter 1992): 12-22.

On the Management of Financial Guarantees

Winter 1992 | Financial Engineering | Paper
Merton, Robert C., and Z. Bodie. “On the Management of Financial Guarantees.” Financial Management 21 (winter 1992): 87-109