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Endowment spending rates, intergenerational equity and the sources of capital gains

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  • Woglom, Geoffrey

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  • Woglom, Geoffrey, 2003. "Endowment spending rates, intergenerational equity and the sources of capital gains," Economics of Education Review, Elsevier, vol. 22(6), pages 591-601, December.
  • Handle: RePEc:eee:ecoedu:v:22:y:2003:i:6:p:591-601
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    References listed on IDEAS

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    1. Nathan S. Balke & Mark E. Wohar, 2001. "Explaining stock price movements: is there a case for fundamentals?," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q III, pages 22-34.
    2. Tobin, James, 1974. "What Is Permanent Endowment Income?," American Economic Review, American Economic Association, vol. 64(2), pages 427-432, May.
    3. Constantinides, George M, 1990. "Habit Formation: A Resolution of the Equity Premium Puzzle," Journal of Political Economy, University of Chicago Press, vol. 98(3), pages 519-543, June.
    4. Hall, Robert E, 1988. "Intertemporal Substitution in Consumption," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 339-357, April.
    5. Friend, Irwin & Blume, Marshall E, 1975. "The Demand for Risky Assets," American Economic Review, American Economic Association, vol. 65(5), pages 900-922, December.
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    Cited by:

    1. Keith C. Brown & Cristian Ioan Tiu, 2013. "The Interaction of Spending Policies, Asset Allocation Strategies, and Investment Performance at University Endowment Funds," NBER Chapters,in: How the Financial Crisis and Great Recession Affected Higher Education, pages 43-98 National Bureau of Economic Research, Inc.
    2. Keith Brown & Cristian Tiu, 2013. "The Interaction of Spending Policies, Asset Allocation Strategies, and Investment Performance at University Endowment Funds," NBER Working Papers 19517, National Bureau of Economic Research, Inc.

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