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.
The Frank Hawkins Kenan Institute of Private Enterprise is thrilled to announce its 2022 class of Distinguished Fellows. Appointed on an annual basis, the Distinguished Fellows comprise an exemplary set of global scholars committed to leveraging their individual expertise, thought leadership, research and networks to further the institute’s efforts to examine and drive solutions to issues facing business and the economy today.
Chief Economist Gerald Cohen will be a panelist for an ncIMPACT Virtual Town Hall on workforce shortages in the state that will be livestreamed at 11 a.m. Wednesday, May 4 on Facebook Live.
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.
Pete Stavros of KKR & Co. founded Ownership Works, a new initiative backed by 19 private equity firms, with the objective of reducing income inequality by increasing employee share ownership. The group has prominent backers and a lofty goal of creating $20 billion in wealth in 10 years. As a researcher who has worked on employee share ownership and the benefits it can create, I was encouraged by the news. But while I broadly support employee ownership, such initiatives also can raise red flags because of the risk they impose on employees. As such, it is worthwhile to think carefully through what we know and don’t know about such programs.
The central bank has been busy trying to put the brakes on inflation, but are we beginning to see the signs of a Fed-induced recession? Professor Christian Lundblad, the institute’s director of research, will examine that possibility, provide an update on the employment figures and take your questions at 9 a.m. EDT this Friday, July 8.
We introduce a new framework that facilitates term structure modeling with both positive interest rates and flexible time-series dynamics but that is also tractable, meaning amenable to quick and robust estimation. Using both simulations and U.S. historical data, we compare our approach with benchmark Gaussian, stochastic volatility, and shadow rate models, where the latter enforces positive interest rates.
UNC Kenan-Flagler Business School Finance Professor Paige Ouimet has been named director of research for the Frank Hawkins Kenan Institute of Private Enterprise. Ouimet, who has been a member of the UNC Kenan-Flagler faculty since 2008 and who also serves as associate dean for the school’s Ph.D. program, officially assumed her new role July 1.
Yimfor, a Kenan Institute Distinguished Fellow, will discuss his recent work on how access to venture capital varies by the founder’s race and alma mater and explore mechanisms driving the variation.
Pastor, a Kenan Institute Distinguished Fellow, will discuss how green stocks — despite outperforming brown in recent years because of an unexpectedly strong increase in environmental concerns — have lower expected future returns than brown.
Employment numbers have remained strong recently even as other economic indicators have faltered. We’ll discuss whether the trend continues when the Kenan Institute’s economic briefing returns at 9 a.m. EDT this Friday, Aug. 5, after the Bureau of Labor Statistics releases its monthly jobs report.
The Fed is threading a shrinking needle in its attempts to engineer a soft landing for the U.S. economy. Join Professor Greg Brown for a briefing built on the latest employment data and financial market signals, followed by his answers to questions from the audience.
Please join us for “How Leadership Is Changing for Your Generation,” an exclusive conversation with Zach Clayton of Three Ships and Bill George of Harvard Business School. Their fireside chat is offered through the Dean’s Speaker Series, hosted by the Kenan Institute in partnership with UNC Kenan-Flagler Business School Interim Dean Jennifer Conrad.
We quantify the causal effects of humorous banter among three rival fast-food brands on Twitter in the context of a new product launched by one of the rivals (viz, the focal or entrant brand). We argue that Twitter banter can cause a surge in online search that in turn leads to higher offline sales.
Nuclear power’s star has dimmed in recent years, diminished by the rise of solar, wind and natural gas as well as the 2011 disaster at Japan’s Fukushima plant. Now many nations, suddenly in need of a secure, clean energy source, have plans to reopen or extend the lives of their existing facilities.
Employment growth has remained exceptionally strong this year, and September is expected to be another healthy month. Join us for the Kenan Institute’s virtual press briefing at 9 a.m. EDT this Friday, Oct. 7, as we discuss the Bureau of Labor Statistics’ fresh employment report and how it may affect the Federal Reserve’s aggressive reaction to inflation.
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.
Join us for the Kenan Institute’s virtual press briefing at 9 a.m. EST this Friday, Dec. 2, as we sort it all out and provide instant analysis following the latest employment report from the Bureau of Labor Statistics. Institute Chief Economist Gerald Cohen will offer his insights and answer questions from the audience.
Join us for the Kenan Institute’s virtual press briefing at 9 a.m. EST this Friday, Jan. 6, as we provide instant analysis following the latest employment report from the Bureau of Labor Statistics. Institute Chief Economist Gerald Cohen will offer his insights and answer questions from the audience.
Join us for the Kenan Institute’s virtual press briefing at 9 a.m. EST this Friday, Feb. 3, as we provide instant analysis following the latest employment report from the Bureau of Labor Statistics. Institute Chief Economist Gerald Cohen will offer his insights and answer questions from the audience.