From small towns to big cities and everywhere in between, there is still a long road ahead to address the current economic crisis spurred by the coronavirus pandemic and adapt to the new normal, but NCGrowth and SmartUp have been hosting webinars to provide communities with key resources. On Wednesday, May 20, three panelists offered their perspectives to explore the economic impacts of COVID-19.
We examine a perplexing phenomenon wherein technological innovations induce short-term contractions, using a two-sector New-Keynesian model. Pivotal to explaining the evidence are sticky prices, which alter the cyclicality of relative prices, impacting production during innovative phases.
As governments try to keep up with broadening economies and address new areas, such as climate change, data protection and artificial intelligence, the regulatory pace is increasing. This expansion creates new costs and requires increased business resiliency.
To attract skilled talent in an evolving economic landscape, public and private sector leaders must understand the factors – economic, social and political conditions – that push and pull people and drive relocation.
Speakers, panels and rocket presentations by experts in entrepreneurship will discuss best practice approaches to teaching and ways of incorporating innovation into the higher education system.
A consumer's decision to engage in search depends on the beliefs the consumer has about an unknown product characteristic such as price. In this paper, we elicit the distribution of price beliefs and explicitly study their role in a consumer's decision to search.
The U.S. Supreme Court struck down the “Chevron deference,” a legal doctrine that grants regulatory agencies authority in interpreting statutes. The decision could significantly alter the regulatory landscape.
UNC Kenan-Flagler Business School Professor Mark McNeilly discusses how ChatGPT and other AI tools will change the workplace - as well as how workers can best prepare themselves for these changes.
With more business leaders than ever before embracing stakeholder capitalism – or the belief that companies should work to benefit all stakeholders, not just shareholders – myriad questions have arisen about the concept’s viability and potential for impact. The Kenan Institute has been working to respond, and today we are excited to launch a new series exploring the most pressing issues surrounding stakeholder capitalism. Kicking off the series is this week’s Kenan Insight, which takes a deeper dive into the buzzed-about world of ESG investing. We hope you’ll check it out, and look forward to engaging with you on this topic and others throughout the series!
Since March 2022, the Federal Reserve has battled the highest inflation in decades with interest rate increases whose effects are only now starting to be seen. So does this mean the era of rate hikes is coming to an end?
The destruction that Hurricane Helene brought to Western North Carolina in September, followed by this month's wildfires in Southern California, illustrates the financial risk that increasingly unpredictable weather can pose to homeowners and the insurance system.
UNC Kenan-Flagler Business School Professor Camelia Kuhnen is an expert in corporate finance, behavioral finance and neuroeconomics, the application of neuroscience tools and methods to economic research. As many question whether a recession is on the way, she answers some questions about how the most notable consumer confidence surveys differ and whether Americans are prone to economic gloominess.
Stephen Arbogast, Director of the Energy Center at the Kenan-Flagler Business School, offers an in-depth explanation of supply dynamics in global energy markets--and why oil and gas prices have been so chaotic.
ChatGPT and other generative AI programs can replicate much of the work performed across the knowledge worker class. This gives us a glimpse of what ever-more-powerful AI tools might be able to do, which is both exciting and, to say the least, unsettling.
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.
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."
Hybrid work scheduling is here to stay, and it points to a broader incentive that companies can offer as part of employee recruiting and retention, a panel of experts said Tuesday, April 26 as part of “Designing Work for Attracting & Retaining Talent,” a discussion and networking session hosted by the Kenan Institute-affiliated UNC Entrepreneurship Center and the Research Triangle Foundation.
Nonwage benefits have become more important to employers and employees alike. A new look shows where you work plays a far greater role in the level of benefits you receive than it does your paycheck.
The EHR revolution has significantly transformed healthcare work and the flow of information, but it hasn't come without costs, measured in increased administrative burden and the accompanying stress for healthcare professionals. Can generative AI help?
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.