In the late 1990's, the average university endowment has experienced extraordinary growth. This paper investigates the effects of this growth on donations. In particular, the paper focuses on whether or not donations by particular kinds of donors are "crowded out" by endowment growth. A simple...

We employ a non-parametric methodology, Data Envelopment Analysis, to estimate efficiency scores for Portuguese public universities, using data mainly for 2003. The input measures are constructed from the number of teachers and from universities' spending while the outputs measures are based on...

We employ Data Envelopment Analysis, to estimate efficiency scores for Portuguese public universities. The input measures are constructed from the number of teachers and from universities' spending while the output measures are based on the undergraduate success rate and on the number of...

The asset allocation of university endowments has recently shifted dramatically towards alternative investments. In this paper we examine the role played by strategic competition in motivating this shift. Using a metric capturing competition for undergraduate applications, we test whether...

The asset allocation of university endowments has recently shifted dramatically towards alternative investments. In this paper we examine the role played by strategic competition in motivating this shift. Using a metric capturing competition for undergraduate applications, we test whether...