What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income
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This paper examines whether university endowment managers think only in terms of the assets they manage, or also take into account background income, the other flows of income to the university. Specifically, we test whether the level and variability of a universitys background income (e.g., from
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美国国家经济研究局创建时间：
2015-06-01
