Research from UNC Kenan-Flagler Finance Professor Eric Ghysels attaches explicit costs to a model’s classification errors, in this case concerning pretrial detention decisions, avoiding the one-size-fits-all symmetrical cost function of traditional machine learning.
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.
UNC Tax Center Research Director Jeff Hoopes discusses how the tax system figures into the debt ceiling standoff and why we probably won’t see any dramatic increases in taxes anytime soon.
Prevailing data suggests that young firms pay employees less than their more mature counterparts. But does a closer look at the data tell a different story?
Commercial real estate (CRE) is real estate held to generate income or used as an input into production by firms. It is notably different from other asset classes of a similar magnitude in that CRE is traded in private, illiquid markets. CRE is a hugely important asset class that has received less attention from the academic literature than asset classes that rival CRE in terms of sheer value. Yet pension funds, life insurance companies, sovereign wealth funds and other institutional investors seek the diversification benefits provided by CRE’s unusually steady income flow. The paper, “Commercial Real Estate as an Asset Class,” by Andra Ghent of UNC Kenan-Flagler Business School, Walter Torous of the MIT Center for Real Estate and Rossen Valkanov of UCSD’s Rady School of Management provides a much-needed overview of the CRE literature thus far, focusing on its attributes as an asset class.
The global COVID-19 pandemic has been a recurring theme throughout the 2020 U.S. elections, and its health and economic consequences will be felt far beyond November 3. In this Kenan Insight, we look at both the challenges and potential opportunities the pandemic has created for accelerating innovations in healthcare delivery and pharmaceutical development.
Join the Center for the Business of Health on Friday, November 8 for a conference exploring how to strategically prepare the healthcare workforce of the future.
Join Black Communities Conference co-chairs Mark Little and Karla Slocum as they discuss the impact of COVID-19 on Historic Black Communities. Questions will include: How have Black communities survived and navigated disasters of the past and are there aspects of Black communities today that make them more susceptible or less susceptible to the pandemic?
NCGrowth will host a launch event for Homegrown Tools, a web tool that tells the story of small towns that have successfully stimulated private investment and job creation, on Wednesday, Jan. 16. The event will be livestreamed.
Five of the top 10 skills identified for business success are entrepreneurial skills, making entrepreneurship education relevant not just for would-be startup owners, but for general business students as well.
In his Frontiers of Business keynote examining the use of artificial intelligence, MIT economist David Autor sees a future where AI extends the expertise of workers rather than replacing them.
As the Consumer Price Index rises, businesses sound the alarm over supply-chain bottlenecks, and federal stimulus checks spur spending, the chatter around inflation is increasing. In this Kenan Insight, we explore what this potential perfect storm for an inflation spike could have on a recovering U.S. economy.
We update an August 2023 piece in which we explain why manufacturing remains essential for economic growth and how manufacturing in the US today incorporates both regional shifts and “stickiness” in traditional strongholds.
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.