How University Endowments Respond to Financial Market Shocks: Evidence and Implications
收藏数据链接：
官方服务：
资源简介：
Endowment payouts have become an increasingly important component of universities' revenues in recent decades. We test two leading theories of endowment payouts: (1) universities smooth endowment payouts, or (2) universities use endowments as self-insurance against financial shocks. In contrast to
提供机构：
美国国家经济研究局创建时间：
2010-04-01
