A pooled Public Use Microdata Sample File of the Census Bureau’s Annual American Community Survey (2011-2015) is used to (1) create a demographic profile of the nation’s older adult population; (2) develop an older adult household typology which encapsulates both generational dynamics and diverse living arrangements; and (3) identify older adults who face the greatest barriers to aging in place. Policies and strategies that support and facilitate successful aging in place for the most vulnerable older adults are discussed.
A project funded by the Institute for the Study of Business Markets to develop an understanding of the current state of business-to-business marketing and a research agenda for the field identified a lack of understanding of how the marketing function can or should best contribute to firms' innovation efforts as the top priority.
We estimate the causal effects of employee-friendly scheduling practices on store financial performance at the US retailer Gap, Inc. The randomized field experiment evaluated a multi-component intervention designed to improve dimensions of work schedules – inconsistency, unpredictability, inadequacy, and lack-of-employee control – shown to undermine employee well-being and productivity.
Save the date for the Fall 2023 NCGrowth Showcase in Bertie County, NC! Don't miss out on engaging presentations and lunch, Nov 30th, 2023, from 11:00 AM to 1:00 PM.
...for approval. Exploratory Fund The Kenan Scholars Exploratory Fund allows scholars to pursue meaningful opportunities outside of their academic curriculum. Each scholar can apply for grants totaling $2,000 during their...
UNC Kenan-Flagler Business School Professor Jim Johnson, director of the Urban Investment Strategies Center, defines three groups facing challenges as companies return to the office and updates his forecast of demographic gale force winds.
Employee cynicism is on the rise, and thus is increasingly part of the social fabric in modern workplaces. In this paper, we investigate whether interactions with cynical others may produce undesirable effects on employee energy.
Marketers create social media, in the form of firm-generated content (FGC), to ignite interest in new products such as movies; in turn, there is a clear need to understand whether and how FGC influences demand. With a descriptive study, the authors investigate two potential mechanisms by which FGC may drive box office revenues.
Andra Ghent, Professor of Finance at the University of Utah’s David Eccles School of Business, discusses the current state of housing affordability in an era of high interest rates.
This case study describes the entrepreneurial ecosystem in Durham, North Carolina – the people and organizations primarily located downtown who embrace this mission.
We study Granger causality testing for high-dimensional time series using regularized regressions. To perform proper inference, we rely on heteroskedasticity and autocorrelation consistent (HAC) estimation of the asymptotic variance and develop the inferential theory in the high-dimensional setting. To recognize the time series data structures we focus on the sparse-group LASSO estimator, which includes the LASSO and the group LASSO as special cases.
We empirically study the impact of the entry of a new theater on two important product decisions that incumbents in the movie exhibition industry face: (1) whether to invest in screening movies that are expected to be popular, and (2) when to adopt new releases. For theaters, both of these decisions feature a cost-demand trade-off inherent in quality decisions: Although screening popular and recent movies brings more patrons to the theater, distributors take a higher share of the revenue for such movies.
Much has been said (and rightly so) about the catastrophic effects of the COVID-19 pandemic. But there is another side to the crisis. It’s a story of hope, based on collaboration and innovation. As healthcare needs and economic hardships intensify, entrepreneurs around the globe are stepping up to create solutions that will not only address immediate needs, but also effect long-lasting change. A panel of Kenan Institute-convened experts discussed this surge of innovation in response to COVID-19 on April 7, 2020. The full recording of this press briefing–-along with a deeper-dive analysis on the drivers of innovation amid the crisis by UNC Kenan-Flagler Professors Mahka Moeen and Chris Bingham-–is available in this week’s Kenan Insight.
We survey the properties of commercial real estate (CRE) as an asset class. We first illustrate its importance relative to the US economy and to other asset classes. We then discuss CRE ownership patterns over time.
Jennifer Blouin, professor of accounting at the University of Pennsylvania’s Wharton School, is the Kenan Institute’s newest Senior Faculty Fellow.
This article examines the development of university technology transfer operations at the Research Triangle region’s three universities.
The Biden administration is proposing significant increases in corporate taxes to finance investments in infrastructure and other priorities. Proposed reforms include a global minimum tax on book income and other changes intended to limit the ability of US multinational companies to reduce US tax by shifting investments and reported profits to low-tax foreign countries. In order to promote a competitive global landscape, the administration is concurrently working with the OECD to recommend its members adopt similar changes.
For the fourth year in a row, IPC founding member, Northern Trust, will host a private equity research symposium on May 10 at the offices in Chicago.
In this paper, we compare several approaches of producing multi-period-ahead forecasts within the GARCH and RV families – iterated, direct, and scaled short-horizon forecasts. We also consider the newer class of mixed data sampling (MIDAS) methods.
In an age of constant information overload, Professor Melissa Geil explores why deep listening is vanishing from the workplace and how that’s quietly undermining communication, trust and innovation.