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How the Financial Crisis and Great Recession Affected Higher Education (National Bureau of Economic Research Conference Report)
Jeffrey R. Brown (Ed.)
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Description for How the Financial Crisis and Great Recession Affected Higher Education (National Bureau of Economic Research Conference Report)
Hardcover. The recent financial crisis had a profound effect on both public and private universities. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior. Editor(s): Brown, Jeffrey R.; Hoxby, Caroline. Series: National Bureau of Economic Research Conference Report. Num Pages: 360 pages, 8 halftones, 54 line drawings, 49 tables. BIC Classification: JNM; KCX. Category: (G) General (US: Trade). Dimension: 163 x 240 x 30. Weight in Grams: 600.
The recent financial crisis had a profound effect on both public and private universities, which faced shrinking endowments, declining charitable contributions, and reductions in government support. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior. The contributors look at the role of endowments in university finances and the interaction of spending policies, asset allocation strategies, and investment opportunities to show how universities' behavior can be modeled using economic principles.
The recent financial crisis had a profound effect on both public and private universities, which faced shrinking endowments, declining charitable contributions, and reductions in government support. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior. The contributors look at the role of endowments in university finances and the interaction of spending policies, asset allocation strategies, and investment opportunities to show how universities' behavior can be modeled using economic principles.
Product Details
Format
Hardback
Publication date
2015
Publisher
University Of Chicago Press
Condition
New
Series
National Bureau of Economic Research Conference Report
Number of Pages
360
Place of Publication
, United States
ISBN
9780226201832
SKU
V9780226201832
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Jeffrey R. Brown (Ed.)
Jeffrey R. Brown is the William G. Karnes Professor of Finance at the University of Illinois at Urbana-Champaign and a research associate of the NBER. Caroline M. Hoxby is the Scott and Donya Bommer Professor in Economics at Stanford University, a senior fellow of the Hoover Institution, and a research associate and director of the Economics of Education Program of ... Read more
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