IDEAS home Printed from https://ideas.repec.org/p/ysm/somwrk/ysm194.html
   My bibliography  Save this paper

The Effect of University Endowment Growth on Giving: Is There Evidence of Crowding Out?

Author

Listed:
  • Sharon M. Oster

    (School of Management)

Abstract

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 model of donor behavior is developed which takes account of the multiple objectives of those donors, and concludes that different types of donors are more or less responsive to endowment growth. These models are then tested using data provided by the Council on Aid to Education on a wide range of colleges and universities. Cross sectional work on the 1999 data is supplemented by fixed-effects analysis using a panel from the early 1980's to 1997. The results suggest that in the very recent period there has been some crowding out and that this effect is most pronounced among particular categories of donors.

Suggested Citation

  • Sharon M. Oster, 2001. "The Effect of University Endowment Growth on Giving: Is There Evidence of Crowding Out?," Yale School of Management Working Papers ysm194, Yale School of Management.
    • Handle: RePEc:ysm:somwrk:ysm194
    as

    Download full text from publisher

    File URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=271597
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jeffrey R. Brown & Stephen G. Dimmock & Scott Weisbenner, 2012. "The Supply of and Demand for Charitable Donations to Higher Education," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education, pages 151-174, National Bureau of Economic Research, Inc.
    2. Ehrenberg, R. G. & Smith, C. L., 2003. "The sources and uses of annual giving at selective private research universities and liberal arts colleges," Economics of Education Review, Elsevier, vol. 22(3), pages 223-235, June.
    3. Cejnek, Georg & Franz, Richard & Stoughton, Neal M., 2023. "Portfolio Choice with Endogenous Donations - Modeling University Endowments," Journal of Economics and Business, Elsevier, vol. 125.
    4. Jonathan Meer & Harvey S Rosen, 2007. "Altruism and the Child-Cycle of Alumni Donations," Working Papers 150, Princeton University, Department of Economics, Center for Economic Policy Studies..
    5. Jonathan Meer & Harvey S. Rosen, 2007. "Altruism and the Child-Cycle of Alumni Giving," NBER Working Papers 13152, National Bureau of Economic Research, Inc.

    More about this item

    JEL classification:

    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ysm:somwrk:ysm194. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/smyalus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.