Hoxby, Caroline; Aghion, Philippe; Dewatripont, Mathias; … - National Bureau of Economic Research (NBER) - 2009
research rankings. For both European and U.S. universities, we generate several measures of autonomy, governance, and … output, both among European countries and among U.S. public universities. We then identity a (political) source of exogenous … shocks to funding of U.S. universities. We demonstrate that, when a state's universities receive a positive funding shock …