Brown, Jefrey R.

How university endowments respond to financial market shocks : evidence and implications.

Bibliografía páginas 961-962.

An overview of university endowments, 934 ; Models of endowments, 939 ; Methodology, 943 ; How do endowments respond to endowment shocks, 948 ; The endowment hoarding hypothesis, 954 ; Conclusions, 960

Endowment payouts have become an increasingly important component of universities' revenues in recent decades.

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Mercado financiero.