We conduct a longitudinal analysis of the NACUBO-Commonfund Study of Endowments (NCSE) results from 2006-2013 to evaluate if active management is related to higher endowment returns in U.S. equities over time. We also analyze the data to evaluate the endowment characteristics that are related to higher levels of performance over time. We find that…

In recent decades, much attention has been focused on student achievement in the United States. Many policy initiatives have been attempted in an effort to bolster achievement, including increasing school revenue, decreasing class size, expanding early childhood programs, and introducing vouchers and charter schools, to name a few, but not all of…