On Sunday, March 31, 2019, five other Kenan Scholars and I took part in a high ropes course event at the UNC Outdoor Recreation Center. Not only was the physical experience an event in itself, but so was the pre-event planning process. It ended up being much harder than I expected and taught me several lessons.
Time series regression analysis relies on the heteroskedasticity- and auto-correlation-consistent (HAC) estimation of the asymptotic variance to conduct proper inference. This paper develops such inferential methods for high-dimensional time series regressions.
While the gender pay gap has received significant attention in recent years, little progress has been made to close it; in fact, in 2019, women still earned only 82 cents for every dollar received by their male counterparts for equal work. Policymakers in recent years have developed creative solutions aiming to close the gap, including bans prohibiting employers from asking for a job applicant’s salary history. However, in this week’s Kenan Insight, new research from our experts examines whether such well-intentioned bans are inadvertently lowering wages for all employees.
Academics and business leaders shared a panel at our recent Frontiers conference, showing how each can offer insights to help one another develop a broader, shared understanding of changes in the labor market.
Sekou Bermiss, UNC Kenan-Flagler associate professor of strategy and entrepreneurship, unpacks the topic of people analytics, discussing how firms can build better culture by supporting both managers and employees.
Kenan Institute Distinguished Fellow David Deming of Harvard talks about his research focusing on the potential for effective teamwork involving humans and AI.
Retail inventory is a statistic that is closely watched by retailers as well as their investors, lenders, and suppliers. Retailers not only benefit from inventory, but also bear the cost of excess inventory. Investors, lenders, and suppliers interpret this statistic for signs of the retailer's health, future sales prospects, and impending costs.
A July 2020 analysis conducted by the Urban Institute estimated states would lose $200 billion in tax revenue through the June 2021 fiscal period due to COVID-19. How states manage this shortfall will impact individuals and businesses. In partnership with the AICPA, our expert panel will share the latest revenue projections and provide insight into actions states are and will be taking to increase revenue.
The U.S. Supreme Court struck down the “Chevron deference,” a legal doctrine that grants regulatory agencies authority in interpreting statutes. The decision could significantly alter the regulatory landscape.
This session delves into three critical aspects of smaller/regional funds. First, is their role in increasing diversity among both capital allocators and entrepreneurs who receive funding. Second, is how pooling capital in diversified vehicles that can invest locally can promote investment by larger VCs/investors. Third, is how regional funds can bridge the divides in communities that lack robust VC ecosystems.
Taming the rising costs of prescription drugs has been a focus of U.S. healthcare reform for the past decade. High drug prices limit patient access while also contributing to higher overall healthcare costs. Recently, issues of how drug list prices are set, who reaps the benefits, and how those costs are passed on to patients have come under increased scrutiny.
This intellectual approach takes an unorthodox view of the nature of government taxation and expenditure, arguing (among other things) that a sovereign nation that can spend, tax and borrow in its own currency faces very different constraints than often modeled in traditional economics textbooks.
The New York Times examines the views of David Autor, Ford Professor of Economics at MIT and a 2024 Kenan Institute Distinguished Fellow, on artificial intelligence and potential benefits for the middle class.
The 2020 COVID-fueled economic downturn generated what has been referred to as a K-shaped recession, with both big losers (such as restaurants and the hospitality sector) and big winners (such as high tech and online retail). In this Kenan Insight, we explore how a nascent K-shaped recovery will likely affect U.S. businesses and households.
The 2020 U.S. economic downturn fueled by the COVID-19 pandemic generated both big losers (such as restaurants and the hospitality sector) and big winners (such as high tech and online retail), leading economic commentators to call the recession “K-shaped.” As the pandemic evolves in 2021, this K-shaped recovery will go global; though some countries, notably the U.S. and China, are securely tethered to the largest economic booster rocket ever built, a sizable swath of the world will continue to suffer weak growth.
Unions seem to be popping up everywhere these days. In fact, the National Labor Relations Board reported that requests for union elections during the last nine months are up 58% over the prior fiscal year. This trend has received significant coverage in the media, with particular interest in successful organization efforts at Amazon, Starbucks and Apple.
Professor Denis Simon, who recently joined the UNC Kenan-Flagler Business School faculty, will provide expert commentary about the ups and downs of business and technology relations between the U.S. and China.
UNC Tax Center Research Director Jeff Hoopes discusses how the tax system figures into the debt ceiling standoff and why we probably won’t see any dramatic increases in taxes anytime soon.
What do we mean when we talk about “inequality”? There are numerous ways to measure it, each method with its relative strengths and weaknesses, and we must be clear what we mean when assessing inequality for policymaking.