CHAPEL HILL, N.C. (May 31, 2022) — Learn how the Department of Labor’s monthly employment report and recent market gyrations will affect expectations for the Fed’s interest rate policy and views on the economic outlook when the Kenan Institute’s new series of virtual press briefings returns this week.
Just what does GDP say about the health of the economy? Perhaps not as much as we thought, according to a Reuters report that notes the collision of negative GDP growth — driven down in part by extraordinary supply chain issues — with vibrant employment numbers.
Three institute-associated experts provided analysis for the July 30 edition of WRAL-TV’s “On the Record” news program. In a segment on dwindling child care options in the Raleigh area, Director of Research Paige Ouimet talked about how child care access affects the ability of women to work.
China’s remarkable economic transition was going to face slowing growth at some point, but misallocation of resources and the country’s zero-COVID policy further complicate the picture.
Is the Fed’s aggressive policy working to take the froth off the labor market? Join us for the Kenan Institute’s virtual press briefing at 9 a.m. EDT this Friday, Nov. 4, as we discuss the Bureau of Labor Statistics’ fresh employment report and what it means for the U.S. economy.
...board meets biannually to review the institute’s operations and programming. Members represents a wide range of constituencies from business, entrepreneurship, government, university, investor, research communities, as well as the public....
Dive into the value of private-public partnerships in growing enterprises, careers and communities to learn more about Wolfspeed's efforts to cultivate a sustainable workforce pipeline.
Private equity investment in healthcare has grown over the last decade – but its role can be a hot topic. Some say PE funds innovation and streamlines costs, while others say it affects the quality of healthcare. In this week’s insight, RedSail Technologies Chief Strategy Officer Frances Nahas and Zetema Project Founder and Chair Mark Zitter to weigh in on the debate.
In this paper we present a framework for linking smart products (with embedded real-time diagnostics and prognostics based health management capabilities) to a service provisioning system to create a system of ―self-aware product-centric systems. The framework includes a powerful ―learning engine capable of monitoring, analyzing and interpreting patterns of system/product behavior in real-time. The learning engine provides the capability of information feedback for real-time, ―in-the-loop control. This concept enables the service-provisioning network to provide customer services such as product health management at reduced maintenance costs, improved responsiveness to customer needs during use, and generally more efficient operations.
The Kenan Institute will host Bryony Winn, chief strategy and innovation officer for Blue Cross and Blue Shield of North Carolina (Blue Cross NC). Winn is responsible for thoughtfully guiding the company as it seeks to realize its vision to be the model for transforming our health system through an unwavering commitment to quality, affordability, and exceptional experience.
Despite positive labor market indicators, consumer sentiment has declined steadily in 2025 as fears of inflation rise. The result could be a reduction in consumer spending.
A panel of experts convened by UNC Kenan-Flagler Business School, its affiliated Kenan Institute of Private Enterprise and the Institute of African American Research will offer a press briefing via webinar on the intersection of the COVID-19 crisis and the Black Lives Matter movement—providing a framework for developing solutions to achieve equitable public health and economic outcomes for the short- and long-term.
The COVID-19 pandemic has generated a significant shift in how and where we work, play and live. In this Kenan Insight, we explore which changes will be temporary and which are here to stay.
...policy deployment, promotes active interaction with industry through joint projects as well as through roundtables and conferences that bring academic and industry experts, together with policy makers, to debate on...
We examine the effect of higher wages on firm performance during the 2008 financial crisis. To identify variation in wages, we rely on heterogeneity in the timing of long-term wage agreements for a sample of UK firms. We instrument for firms signing long-term agreements overlapping with the crisis by the presence of a contract signed in 2006 or earlier and expiring before September 2008.
What are the spillover effects when central financial institutions with dominant market shares simultaneously halt their liquidity creation and risk transformation roles? To shed light on this question, we build a novel, comprehensive dataset. Firms without a history of debt financing exhibit limited exposure to a systemic event. For firms that rely on external debt financing, their exposures are mainly driven by pre-existing connections to these central financial institutions.
Every year, millions of students enroll in post-secondary programs with hopes of attaining the education they need to get ahead in the job market. But in the U.S. higher education system, “college acts like a lottery,” says Ben Miller, director of the Postsecondary Education Center for American Progress. Some students graduate with applicable skills and higher earning potential, while others leave unemployed with ever-increasing piles of debt.
The financial industry has eagerly adopted machine learning algorithms to improve on traditional predictive models. In this paper we caution against blindly applying such techniques. We compare forecasting ability of machine learning methods in evaluating future payoffs on synthetic variance swaps.
Competition between firms to invent and patent an idea, or “patent racing,” has been much discussed in theory, but seldom analyzed empirically. This article introduces an empirical way to identify patent races, and provides the first broad-based view of them in the real world.
We introduce a new, market-based and forward-looking measure of political risk derived from the yield spread between a country's US dollar debt and an equivalent US Treasury bond. We explain the variation in these sovereign spreads with four factors: global economic conditions, country-specific economic factors, liquidity of the country's bond, and political risk. We then extract the part of the sovereign spread that is due to political risk, making use of political risk ratings. In addition, we provide new evidence that these political risk ratings are predictive, on average, of future risk realizations using data on political risk claims as well as a novel textual-based database of risk realizations.