This is a plagiarism of a thought of Rakesh Vohra, who discusses related issues in this blog post.https://theoryclass.wordpress.com/2020/04/11/hiring-freezes-endowment-hoarding/ …
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yes, they should
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this is what i think too
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I agree with you, and my impression is that many university administrators would too. Which makes me question what would be the response of donors if the university jumped into a hiring spree in the middle of a major recession.
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If they're cheerleaders for the university, one might think some of them would be excited that the university is trying to jump a tier or raid a longtime rival, right?
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Does other universities' hiring have big enough positive externality on my hiring as a result of stronger candidate pool?
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i think in some markets literally 5 of the usual top 10 players will be out of the market, conservatively. doesn't that present an opportunity for at least one currently out player? or are you suggesting a subtler effect?
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I hear Harvard is issuing bonds in this low interest environment. That sounds like a smart move
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I've wondered this too... with so many hiring freezes, surely the pool of job market candidates this year will be particularly attractive for universities that can afford to hire!
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Totally agree. Could be same for high-value staff too such as IT pros
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