New Kenan Institute Research Economist Sarah Dickerson says that while her research and writing will help further the institute’s mission, "I also aim to expand the mission’s scope by reframing some of the fundamental questions being asked."
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.
In addition to academic presentations, the Conference on Market-Based Solutions for Reducing Wealth Inequality took participants out of the classroom and into the community for a walking tour and on-site discussions in nearby Durham, N.C.
We examine the effect of paying 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. Treated firms paid higher wages but also realized greater labor productivity relative to control firms. These findings are consistent with the intuition that opportunity cost differentials between treated and control firms induce employees to exert higher effort.
COVID-19 brought heightened focus to paid sick leave policies – a benefit to which roughly 25% of civilian workers don’t have access in the U.S. After sick leave mandates were temporarily implemented during the pandemic, UNC Kenan-Flagler Business School researchers found employment increased, particularly among low-skilled workers and in industries that previously had little access to paid sick leave. In this week's Kenan Insight, our experts explore possible drivers behind this finding as well as potential policy and business implications.
The 16th annual Kenan Institute Student awards will honor outstanding students who excel in the areas of leadership, research, policy impact and service.
Johnson, director of the Urban Investment Strategies Center, discusses how his research sheds light on key issues that will help determine the state's economic future.
Please join us for an exclusive conversation with Andreessen Horowitz Managing Partner Scott Kupor on Monday, Oct. 21 from 4–5 p.m. The event is part of the Dean’s Speaker Series, hosted by Kenan-Flagler Business School Dean Doug Shackelford.
The Kenan Institute and UNC Kenan-Flagler Business School’s inaugural Conference on Market-Based Solutions for Reducing Wealth Inequality on June 1-2 highlighted research on market mechanisms that might also work to ameliorate inequality.
Join us for an afternoon with Chairman, and Chief Executive Officer of SunTrust Banks, Bill Rogers. Rogers has led a significant transformation of the company, building upon its client-first culture and increasing focus on operating returns and efficiency. He is also a champion for the company’s philanthropy and volunteerism.
...Established in 1985 by Frank Hawkins Kenan, the institute offers a number of programs, conferences and seminars which bring together high-profile business leaders, academic researchers and policymakers. The institute is...
From the perspective of customers, there are two types of counterfeit products: deceptive and non-deceptive counterfeits. In the case of non-deceptive counterfeits, a customer can distinguish between a genuine article and a counterfeit version; she may still buy the counterfeit item because she cannot afford the genuine product. In contrast, the customer cannot differentiate a deceptive counterfeit item from the genuine product before buying it. Both types of counterfeits negatively affect a manufacturer’s profit and brand.
Please join us for an exclusive conversation with Sharecare Co-founder, Chairman and CEO Jeff Arnold on Friday, Nov. 8. The event takes place in the Koury Auditorium and is part of the Dean’s Speaker Series, hosted by Kenan-Flagler Business School Dean Doug Shackelford.
...Carolina” kiimageurl=”https://kenaninstitute.unc.edu/wp-content/uploads/2020/07/daan-stevens-yGUuMIqjIrU-unsplash-1.jpg” ]Medicaid work requirements are a relatively new policy, coming into effect January 2018.[/topsliderslide][topsliderslide kilink=”https://kenaninstitute.unc.edu/wp-content/uploads/2020/08/2020_Arnold-compressed.pdf” kititle=”Promising Practices for Workforce Housing: Implications for Colleges and Universities” kiimageurl=”https://kenaninstitute.unc.edu/wp-content/uploads/2020/07/morning-brew-SQ5Lx-pCvDI-unsplash.jpg” ]Although the first...
U.S. President Donald Trump’s administration has recently ramped up efforts to keep immigrants from entering the country and force out some who are already here – arguing these to be necessary measures to contain the spread of COVID-19 and protect American jobs. However, in this Kenan Insight, we summarize why these policies risk having exactly the opposite effect, harming the future health, social well-being and economic viability of our nation.
The nursing profession in the United States was experiencing a labor shortage and facing diversity and inclusion challenges prior to the COVID-19 pandemic. Magnifying these problems was a shift in the nation’s population, both geographically and demographically. The result was changes in both where nurses are needed in the healthcare system and the nursing skill set required to address healthcare needs of a far more diverse clientele of patients—in terms of race, ethnicity, sex, gender identity, age, living arrangements, socioeconomic status and primary language.
The endowment will provide top UNC Kenan-Flagler Business School students with leadership education, cross-sector collaboration skills and undergraduate research opportunities.
In their paper titled Squaring Venture Capital Valuations with Reality, researchers Will Gornall and Ilya A. Strebulaev propose that, due to flawed valuation models, the average unicorn fair value is overestimated by as much as 51 percent.
Pressure to create bottom-line outcomes has dramatically increased in recent years. UNC Kenan-Flagler's Marie S. Mitchell sought to untangle the relationship between supervisors’ bottom-line focus and unethical behavior in new research.
With an average of 20 new residents a day, Durham, North Carolina is booming. And no wonder. The boarded-up storefronts and abandoned warehouses of decades past have been transformed into trendy eateries and gleaming high-rises. A vibrant cultural scene, a burgeoning commercial district and a reputation for hipness have turned the city’s downtown area into the very picture of urban success.