Attributes of real estate that make it a desirable investment for institutional endowment funds include the uniqueness of each property, its function as a hedge against inflation, its function in stabilizing portfolio volatility, and the potential for income and diversification. (MSE)

The research and development limited partnership offers a university a better approach to determining the commercial potential of technology, funding its developmnt, bringing it to market, and maximizing profit without entangling the university in a commercial venture or draining institutional funds. It also has attractive tax benefits for…

Nearly two-thirds of U.S. families are now headed by two working parents or a single working parent. Accompanying the rise in working parents is a growing demand for high-quality supervised care and enrichment activities for children and youth during out-of-school hours. To make sound investment decisions, policymakers, program providers and…

This literature review attempts to discern whether more education is actually better for the individual and society. We investigate the literature and ask: What are the economic and non-economic returns to postsecondary education investments? Who reaps the benefits of those investments? And, most important, are there sufficient returns, both…

Sovereignty and national pride throw up potentially the biggest obstacles in the path of a global stock exchange, being all the more insurmountable because of their bases in emotional politics as opposed to economic logic. A global stock exchange could come about if New York, London and Tokyo could consolidate their current baton-passing activity…

This is one of a series of essays adapted from articles in "On Reserve," a newsletter for economic educators published by the Federal Reserve Bank of Chicago. This pamphlet explains how public debt incurred by the federal government may not be necessarily bad from an economic perspective. The sections of the pamphlet include: (1)…

An increasingly popular approach to addressing child care needs of Americas families is to give state tax credits to employers that provide child care assistance to their employees, thereby permitting the employer to offset part of its child care expenditures against its state tax liability. Currently, 28 states have such tax credits, and a…

Addresses the distribution and composition of educational investment among social classes, discussing topics related to equality of educational opportunity, and detailing a plan for financing equal educational opportunity. (JM)

Imaginative finance officers are finding new ways to manage separately organized businesses and investments for the benefit of the institution. (Editor)

The university has been neglecting its responsibility for education which is its reason for being. (Author/IR)

A plan is outlined that would encourage charitable contributions made jointly by corporations and their shareholders. Shareholders would agree to forgo one quarterly dividend and the corporation would match the contribution to any charity. Legal and tax implications and problems are discussed, as are advantages of the plan. (MSE)

Legal issues important in considering divestment of securities held in South African-related companies are considered. The University of California's considerations are reviewed as applied to retirement, endowment, and miscellaneous funds with unexpended balances for current or plant purposes and reserves for revenue bond debt retirement. (MSE)

Recent experiences in M.I.T.'s endowment management are outlined, from setting objectives to the organization of funds management and actual decision-making. Policies and insights gained in the process are offered, including those on income needs, building capital, and selecting markets for investment. (MSE)

An experienced investment advisor offers suggestions on compiling a lucrative portfolio of securities. Setting objectives, variation of institutional needs over time, relating investment return to improvement of institutional quality, buying strategies, and portfolio managment policies are discussed. (MSE)

The use of programmable calculators as management tools is discussed. They can be helpful in investment analysis, production scheduling, inventory control, and figuring compound interest rates. (LBH)