NBER Pre-Conference: Impact of the Financial Crisis/Recession on Higher Education

 

Jeffrey Brown and Caroline Hoxby, Organizers

 

NBER

2nd Floor Conference Room

1050 Massachusetts Avenue

Cambridge, MA

 

June 28, 2011

 

PROGRAM

 

Monday, June 27

 

 

6:30 pm

Dinner – Bambara Restaurant, 25 Edwin H. Land Blvd., Cambridge

 

(across the street from the Royal Sonesta Hotel)

 

 

Tuesday, June 28

 

 

7:45 am

Shuttle leaves Royal Sonesta Hotel for NBER

 

 

8:00 am

Continental Breakfast

 

 

8:30 am

Jeffrey Brown and Caroline Hoxby

 

Conference Overview

 

 

8:40 am

Keith Brown, University of Texas

 

Cristian Tiu, SUNY at Buffalo

 

The Interaction of Spending Policies, Asset Allocation Strategies and Investment Performance at University Endowment Funds

 

 

9:15 am

Jeffrey Brown, University of Illinois and NBER

 

Stephen Dimmock, Nanyang Technological University

 

Scott Weisbenner, University of Illinois and NBER

 

Correlations of University Revenue Sources: How Endowments Shocks Affect Donations

 

 

9:50 am

Break

 

 

10:05 am

Caroline Hoxby, Stanford University and NBER

 

Responding to a Risky Environment Wisely:  Financial Rules for Universities Based on their Own Objectives and Constraints

 

 

10:40 am

Bridget Long, Harvard University and NBER

 

The Financial Crisis and Declining Affordability: How have Students and their Families Responded?

 

 

11:15 am

William Goetzman, Yale University and NBER

 

Sharon Oster, Yale University

 

Endowment Spending and Investment: Lessons from the 2008 Financial Crisis

 

 

11:55 am

Lunch

 

 

12:30 pm

David Chambers, Cambridge University

 

Elroy Dimson, London Business School

 

Keynes, King’s and Endowment Asset Management

 

 

1:05 pm

Ronald Ehrenberg, Cornell University and NBER

 

Douglas Webber, Cornell University

 

Changing Expenditure Patterns in American Higher Education

 

 

1:40 pm

Break

 

 

1:55 pm

Sarah Turner, University of Virginia and NBER

 

The Financial Crisis and Faculty Labor Markets

 

 

2:30 pm

Eric Bettinger, Stanford University and NBER

 

The Recession, Federal Financial Aid, and State Reactions

 

 

3:05 pm

Break

 

 

3:20 pm

Caroline Hoxby, Stanford University and NBER

 

Jonathan Meer, Texas A & M University

 

Did the Fiscal Stimulus Work for Universities?

 

3:55 pm

Adjourn