Secrets of the Academy: The Drivers of University Endowment Success

Article, Preprint OPEN
Josh Lerner; Antoinette Schoar; Jialan Wang;
  • Journal: Journal of Economic Perspectives,volume 22,issue 3 Summer,pages207-22
  • Related identifiers: doi: 10.1257/jep.22.3.207
  • Subject:
    • jel: jel:L3 | jel:G11 | jel:I22

University endowments have received much attention recently for their superior investment returns compared with other institutional investors. This study documents trends in college and university endowment returns and investments in the United States between 1992 and 2... View more
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