On January 18 and 19, 2018, the Frank H. Kenan Institute of Private Enterprise (Kenan Institute) hosted its Frontiers of Entrepreneurship Research Conference at The Breakers Palm Beach Resort. The conference brought together more than 100 academic research scholars, policy experts and private sector professionals to discuss and debate the most challenging current issues in the field of entrepreneurship in order to set the agenda for future research and policy.
September 13 will mark six months since U.S. President Donald Trump declared a national state of emergency in response to the COVID-19 a national pandemic. And here in North Carolina, Governor Roy Cooper announced last week that the state will transition to “Phase 2.5,” with further easing of restrictions on certain places and types of activities including mass gatherings, playgrounds and gyms, but with other restrictions – such as those on bars and entertainment venues – remaining in place. It seems like a good time to take stock of where we’ve been, where we are now and what lies ahead.
Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever.
Plants become more efficient, decision-making is centralized, but access to real-time data may “Uberize” workforce according to new research from UNC Tax Center Research Scholar Eva Labro and her colleagues.
Our American Growth Project examination of skills in the workforce begins with a discussion of why skills are difficult to measure, then moves to a broad look at two ways to estimate the skill level across our Extended Metropolitan Areas.
In this work, we model the joint distribution of the error term of the OLS model, the instrumental variables, and the error term for the reduced-form equation of the endogenous regressor by a Gaussian copula. We show that exogeneity of instrumental variables is equivalent to the exogeneity of their standard normal transformations with the same CDF value. Then, we establish a Wald test for the exogeneity of the instrumental variables. We also show that this method can be used to test the exogeneity of a regressor.
PNC Distinguished Professor of Strategy and Entrepreneurship, UNC Kenan-Flagler Business School
Sarah Graham Kenan Scholar and Assistant Professor of Operations, UNC Kenan-Flagler Business School
David E. Hoffman Distinguished Professor of Accounting, Faculty Director for UNC Tax Center
Adjunct Assistant Professor of Organizational Behavior, UNC Kenan-Flagler Business School