Research


Does Your City Have Reputational Equity?

November 16, 2020
White Paper • Urban Investment Strategies Center

Cities increasingly will have to demonstrate a strong commitment to reputational equity to remain attractive places to live, work, play, and do business given the racially and ethnically disparate impacts of Covid-19 pandemic and recent senseless killings of unarmed African Americans that spawned a nationwide protest movement. We leverage evidence-based best practices of inclusive and equitable development from the research literature to devise a reputational equity checklist—a portfolio of strategies, policies, tactics, procedures and practices cities will need to embrace to dismantle all forms of “Isms” and “Phobias” that are principally responsible for the major divisions that exist in American society today.

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The Public Can Trust the FDA’s Vaccine Review Process

October 16, 2020
Center for the Business of Health

With the upcoming November election and calls by President Trump for 1 or more vaccines for coronavirus disease 2019 (COVID-19) to be ready before the end of the year, if not by the election, many have started to wonder whether the US Food and Drug Administration (FDA) can withstand this type of political pressure. More

The Seven “What Matters” In a System Not Designed for Us

September 29, 2020
DEI • Urban Investment Strategies Center

In a recent episode of his award-winning show, “United Shades of America,” W. Kamau Bell interviews a Black man about systemic racism in America who said, “This country is not designed for us and, in fact, is designed against us.” As an African American, this observation triggered three critical questions.

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Warning: Demographic Headwinds Ahead

September 10, 2020
Urban Investment Strategies Center

Knowledge of our changing demography can serve as both foundation and frame for how to achieve greater social, economic, environmental, and health equity in North Carolina. After describing how disruptive demographics are transforming the our state, this essay highlights a set of equity issues undergirding our shifting demography and concludes with a set of tools and strategies to make North Carolina a place where equity, inclusion, and belonging is the new normal.

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Choice, Competition, And Flexibility, Part I: Post-ACA Consumer Challenges

August 19, 2020

This is the first part of a two-part post discussing the current state of health reform and where we should go from here. Part I examines the effects of the ACA and progressive reform initiatives. Part II will outline a market-driven path forward. More

Coronavirus Pandemic Refugees and the Future of American Cities

August 18, 2020
Urban Investment Strategies Center

History informs us that some people, especially the wealthy, typically flee cities in response
to pandemics and other major catastrophes.  Media accounts and preliminary empirical
research suggest that the response to the COVID-19 pandemic is no exception. Nearly a half
million people reportedly fled hard-hit New York City within two months of the World Health
Organization declaring the coronavirus disease a global pandemic.Some coronavirus pandemic refugees headed to nearby suburbs, others headed to second homes and vacation spots in other states, and still others moved back home to live with parents.

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Scapegoating Immigrants in the COVID-19 Pandemic

August 18, 2020
Urban Investment Strategies Center

Immigrants are once again the targets of draconian policymaking. It is during the COVID-19 pandemic this time. Through a series of presidential proclamations and other executive branch maneuvers, the Trump Administration is attempting to leverage a host of so-called migration management tools to ban entry and force some immigrant to leave the country—all under the guise of containing the spread of the coronavirus and protecting American jobs.

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Leading, Managing and Communicating in an Era of Certain Uncertainty

August 18, 2020
• Urban Investment Strategies Center

The COVID-19 pandemic and the nationwide civil unrest spawned by the recent spate of senseless killings of unarmed African Americans have illuminated what executive development professionals have been telling private and public sector leaders and managers for quite some time. We are living in an era of increasing volatility, uncertainty, complexity and ambiguity—a VUCA World. “Certain-uncertainty” is the new normal in today’s society and economy.

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Building Energy Retrofit Hurdle Rates and Risk Arbitrage in Energy Efficiency Investments

August 15, 2020
Working Paper

Despite extensive empirical evidence of the economic and financial benefits of green buildings, energy retrofit investments in existing buildings have not reached widespread adoption.This paper empirically estimate returns to energy retrofit investments for multifamily and commercial buildings in New York City, using a novel database of actual audit report recommendations and permitted renovation work extracted using natural language processing.

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Estimating Undetected COVID-19 Infections—The Case of North Carolina

August 10, 2020
Working Paper

We specify and estimate a time-varying Markov model of COVID-19 cases in North Carolina. We find that the estimated level of undetected infections spiked in early March and remained elevated through May. However, since late April estimated undetected infections have generally declined as a fraction of all cases though it was not until mid-May that detected cases exceeded the estimated number of undetected cases.

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