Kenan Institute Chief Economist Gerald Cohen discusses the power of productivity and what that means for the U.S. economy.
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.
Please join us for an exclusive conversation with Gov. Deval Patrick on April 23 at 5 p.m. as a part of the Dean’s Speaker Series, hosted by the Kenan Institute in partnership with UNC Kenan-Flagler Business School Dean Mary Margaret Frank.
In the institute's June briefing, Chief Economist Gerald Cohen reviewed the morning’s employment report for May and examined a number of economic indices for potential effects from recent policy changes.
A pooled Public Use Microdata Sample File of the Census Bureau’s Annual American Community Survey (2011-2015) is used to (1) create a demographic profile of the nation’s older adult population; (2) develop an older adult household typology which encapsulates both generational dynamics and diverse living arrangements; and (3) identify older adults who face the greatest barriers to aging in place. Policies and strategies that support and facilitate successful aging in place for the most vulnerable older adults are discussed.
Individuals tend to give losses approximately 2-fold the weight that they give gains. Such approximations of loss aversion (LA) are almost always measured in the stimulus domain of money, rather than objects or pictures. Recent work on preference-based decision-making with a schedule-less keypress task (relative preference theory, RPT) has provided a mathematical formulation for LA similar to that in prospect theory (PT), but makes no parametric assumptions in the computation of LA, uses a variable tied to communication theory (i.e., the Shannon entropy or information), and works readily with non-monetary stimuli.
In this paper, we develop a sociodemographic profile of the most vulnerable African American older adult households. To do so, we draw data from the 2011–15 American Community Survey, which contains linked housing and person records for a 5 percent sample of U.S. population. This dataset literally allows us to peer inside of African American older adult households and in the process identify the major barriers or obstacles to aging in place.
It is generally accepted that operating with a combined (i.e., pooled) queue rather than separate (i.e., dedicated) queues is beneficial mainly because pooling queues reduces long-run average throughput time. In fact, this is a well-established result in the literature, e.g., when servers and jobs are identical. We consider an observable multi-server queueing system which can be operated with either dedicated queues or a pooled one.
On the afternoon of Thursday, April 25, an at-capacity crowd gathered at the Kenan Center in Chapel Hill for a fireside chat with Chuck Robbins, chairman and CEO of networking giant Cisco. The event was a fitting wrap-up to the 2018-19 Dean Speaker’s Series hosted by the Kenan Institute of Private Enterprise.
In his most recent paper James H. Johnson, director of the Urban Investment Strategies Center at the Kenan Institute of Private Enterprise, addresses the challenges facing senior African Americans in accessing long-term care.
Commercial real estate is a major asset class, with an estimated value of more than $12 trillion in the U.S. alone. But the stay-at-home orders and business closures precipitated by the COVID-19 pandemic have the potential to negatively – and disastrously – affect commercial properties. What will the short- and long-term impacts be, which types of properties will be hardest hit and what policies can be put in place to help stem the tide of losses? UNC Kenan-Flagler Business School Professor and Leonard W. Wood Center for Real Estate Studies Faculty Advisor Andra Ghent and her colleagues examine these issues in this week’s Kenan Insight.
To kick off the new school year on Aug. 12, the Kenan Scholars program participated in Carolina’s annual Week of Welcome, which introduces incoming students to the university’s various clubs and organizations. The virtual event addressed how companies have attempted to confront racism amid the current racial unrest.
History informs us that some people, especially the wealthy, typically flee cities in response
to pandemics and other major catastrophes. Media accounts and preliminary empirical
research suggest that the response to the COVID-19 pandemic is no exception. Nearly a half
million people reportedly fled hard-hit New York City within two months of the World Health
Organization declaring the coronavirus disease a global pandemic.Some coronavirus pandemic refugees headed to nearby suburbs, others headed to second homes and vacation spots in other states, and still others moved back home to live with parents.
Please join us for an exclusive conversation with the President of the Ford Foundation, Darren Walker on Wednesday, March 3. This virtual experience is part of the Dean’s Speaker Series, hosted by UNC Kenan-Flagler Business School Dean Doug Shackelford.
As the historic 2020 U.S. presidential election draws nearer, voters are taking stock of the impact the COVID-19 pandemic has had on their lives and livelihoods, and demanding that policymakers present their plans for economic recovery. In this Kenan Insight, we look at the major forces reshaping the U.S. economy and offer suggestions for forging an intentional and equitable path forward.
The COVID-19 pandemic has exposed flaws in the global supply chain that have existed for years, with disruptions that have led to a scarcity of goods as diverse as PPE, food and toilet paper. In this Kenan Insight, we examine how threats to supply chains are forcing companies to rethink how they can position themselves to mitigate future risk.
The Institute for Private Capital’s newly-released interactive model that aims to help private equity leaders assess diversity, equity and inclusion (DEI) goals was featured in a report by Ernst & Young.
Remote work seems likely to continue in a post-pandemic world, if employees have their say. In this week's insight, our experts highlight how businesses can rethink workspaces and better engage and involve employees in the office and those working from home.
For small businesses, AI promises to handle financial and operational tasks, freeing up workers for other duties and creating new efficiencies. We offer seven focal points for small businesses planning for AI integration.
A talk and discussion with Jan-Benedict Steenkamp author, Global Brand Strategy: World-Wise Marketing in the Age of Branding. Moderated by Professor Olga Hawn. Book Signing and Reception to follow.