Browsing Laboratory for Financial Engineering by Author "Halem, Zachery M."

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    • The Effects of Spending Rules and Asset Allocation on Non-Profit Endowments 

      Halem, Zachery M.; Lo, Andrew W; Matveyev, Egor; Quraishi, Sarah (2022-06-27)
      The long-run impact and implications of an endowment’s spending policy and asset allocation decisions are examined. Using a dynamic model, the authors explore how different endowment spending rules influence the dynamics ...