endowments

Credit: Structural Change and Economic Dynamics (2023). DOI: 10.1016/j.strueco.2023.03.002 Assistant Professor Liu Zhengwen and Professor Zhang Bo of the School of Economics, together with Professor Justin Yifu Lin from the Institute of New Structural Economics and National School of Development have co-authored an article titled "Endowment, technology choice, and industrial upgrading." It has been published in Structural…

In January, Missouri Representative Emanuel Cleaver will introduce the Endowment Transparency Act into Congress, a move that could, frankly, change everything. Cleaver’s proposed legislation seeks to amend the Higher Education Act of 1965 to require universities and colleges to share information about how and whether they are allocating endowment investment funds to women- and minority-owned firms. These higher education institutions, which collectively manage more than $821 billion in assets, have been notoriously…