We miss you George Bailey: the effect of local banking conditions on the county-level timing of the Great Recession
In: Regional studies: official journal of the Regional Studies Association, Band 57, Heft 9, S. 1832-1850
ISSN: 1360-0591
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In: Regional studies: official journal of the Regional Studies Association, Band 57, Heft 9, S. 1832-1850
ISSN: 1360-0591
SSRN
In: Canadian public policy: Analyse de politiques, Band 9, Heft 2, S. 269
ISSN: 1911-9917
SSRN
In: Science and public policy: journal of the Science Policy Foundation, Band 48, Heft 3, S. 364-386
ISSN: 1471-5430
AbstractResearch universities rely heavily on external funding to advance knowledge and generate economic growth. In the USA, tens of billions of dollars are spent each year on research and development with the federal government contributing over half of these funds. Yet a decline in relative federal funding highlights the role of other funders and their varying contractual terms. Specifically, nonfederal funders provide lower recovery of indirect costs. Using project-level university-sponsored research administrative records from four institutions, we examine indirect cost recovery. We find significant variation in the amount of indirect funding recovered—both across and within funders, as well as to different academic fields within a university. The distribution of sponsors in the overall research funding portfolio also impacts indirect cost recovery. The recovery variation has important implications for the sustainability and cross-subsidization of the university research enterprise. Together, our results show where universities are under-recovering indirect costs.
In: FRB of Philadelphia Working Paper No. 23-13
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