By Sophie Gould, Staff Reporter
Yale Daily News| Thursday, November 29, 2012
Sharon Oster and William Goetzmann presented a paper, entitled “Competition Among University Endowments,” at a National Bureau of Economic Research conference in September about how the recession affected higher education. The authors said their findings have received a positive response, and several economists and finance experts interviewed said the report’s explanation for the shift to alternative, illiquid assets and away from public equities is logically sound, though they added that it remains to be seen whether the shift will be beneficial for universities in the years ahead.
