Battered by the COVID-19 pandemic, the precipitous drop in the economy and continuing racial justice protests, American colleges and universities are facing their most challenging period ever as they head into the fall semester. In this Kenan Insight, we explore what the long-term impact of such forces will be on higher education, and what policy and strategic actions might help mitigate the damage.
American Indian communities face a growing housing crisis, compounding long-standing social and economic challenges. In this Kenan Insight, we examine the structural and historic factors that underlie the current lack of affordable housing, and identify several promising options for both addressing the immediate crisis and improving the broader economic situation for tribal communities.
The factors that determine our health go far beyond what happens in the doctor’s office. In this Kenan Insight, we explore how the physical well-being of many Americans has been placed in jeopardy by upstream social and economic factors such as racism, food and job insecurity, and a lack of community and social support systems.
Many time series are sampled at different frequencies. When we study co-movements between such series we usually analyze the joint process sampled at a common low frequency.
In this paper, we introduce the role of big data in humanitarian settings and discuss data streams which could be utilized to develop descriptive, prescriptive and predictive models to significantly impact the lives of people in need.
We conduct a field-experiment at an automobile spare-parts retailer to examine the profit implications of providing discretionary power to managers.
Consumers will long associate the early months of the COVID-19 pandemic with seemingly apocalyptic searches for toilet paper, hand sanitizer and PPE. But even now, amid continued surges of the Delta variant, many global supply chains continue to experience disruptions at record rates. This week’s Kenan Insight invites our experts to weigh in on the immediate impact of these disruptions for business and society, the longer term effects across industries and the roles government and emerging tech should be playing to drive solutions.
As the U.S. economy begins to recover from the COVID-19 pandemic and businesses grapple with ongoing labor shortages, the debate around increasing the federal minimum wage – which hasn’t budged in over a decade – has returned to the fore. In this Kenan Insight, we examine whether now is the right time to raise the standard minimum, why these benefits may come at a cost, and what approach might work best given the inevitable tradeoffs.
Artificial intelligence was a major topic of conversation at the Frontiers of Business Conference on October 10. See how speakers and panelists think the technology will change the future of business.
Accelerators are entrepreneurial programs that attempt to help ventures learn, often utilizing extensive consultation with mentors, program directors, customers, guest speakers, alumni and peers. While accelerators have rapidly emerged as prominent players in the entrepreneurial ecosystem, entrepreneurs, policy makers, and academics continue to raise questions about their efficacy.
...analyze them, is difficult and limited. Cong and Liang will work to develop a framework to analyze large-scale unstructured data on start-ups, especially text-based data from entrepreneurial websites, news and...
Kenan Institute Chief Economist Gerald Cohen explains why we're doubling down on our recessionary forecasts.
Join us for the institute's monthly virtual briefing this Friday, March 7, as Chief Economist Gerald Cohen evaluates new numbers, fresh tariffs and the continuing effects of policy uncertainty on the economy.
The Kenan Institute of Private Enterprise at the University of North Carolina at Chapel Hill will host a virtual conference on machine learning in finance on March 5, 2021. The conference is co-sponsored by the Journal of Financial Econometrics (JFEC) and the International Center for Finance (ICF) at Yale University.
Learn more about the impact of machine learning on the resiliency of supply chain management in this recent article in the Harvard Business Review, co-authored by UNC Kenan-Flagler Business School’s Vinayak Deshpande.
Join our panel of experts who will share their technological, legal and social expertise to answer the questions raised by the real-world performance of risk assessment instruments.
Financial markets reveal information which firm managers can utilize when making equity value-enhancing investment decisions. However, for firms with risky debt, such investments are not necessarily socially efficient. Despite this friction, we show that learning from prices improves investment efficiency.
Markets today are flooded with an increasing number of products and brands, making it difficult for companies to track how their products compete in the market. In this article, the authors describe how they used clickstream data to visualize competition in product categories containing more than 1,000 products.
The investigations following the attacks of September 11, 2001, showed that our ability to verify a person’s identity is crucial to our national security. As pointed out by The 9/11 Commission Report (National Commission on Terrorists Attacks Upon the United States, 2004), travel documents are as important as weapons for terrorists. To carry out an attack on American soil, foreign terrorists must cross our borders—which requires passing an identification screening. A valid passport also allows a terrorist to obtain other valid documents (e.g., driver’s license, credit cards, health insurance card) that are important to performing normal life activities while maintaining a low profile and avoiding detection. Four projects, currently in different stages of implementation, use Radio Frequency Identification (RFID) or Machine-Readable Zones (MRZ) technologies for verification and validation of identity in the United States. These programs are (1) e-Passport, (2) PASS Card, (3) Real ID, and (4) Enhanced Driver’s License. The use of RFID enables data to be stored electronically in chips embedded in identification documents and shared quickly in digital format by law enforcement personnel. Documents with RFID chips and a secure networking environment to exchange data are deemed more secure and less prone to counterfeiting than conventional, non-electronic documents. However, there is still debate about how to best balance the security benefits from RFID-enabled identification documents with concerns about privacy.
In this paper, we build on research on the microfoundations of strategy and learning processes to study the individual underpinnings of organizational learning. We argue that once an individual has accumulated a certain amount of experience with a task, the benefit of accumulating additional experience is inferior to the benefit of deliberately articulating and codifying the experience accumulated in the past.