IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

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

Listed author(s):
  • Sharon M. Oster


    (School of Management)

Registered author(s):

    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.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Paper provided by Yale School of Management in its series Yale School of Management Working Papers with number ysm194.

    in new window

    Date of creation: 22 Jun 2001
    Handle: RePEc:ysm:somwrk:ysm194
    Contact details of provider: Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ysm:somwrk:ysm194. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.