WEALTH INEQUALITY

Agenda

 

Thursday, April 10

8:00 AM-9:00 AM

Conference Check-In and Breakfast

9:00 AM-9:15 AM

Welcome and Overview – Framing the Conference & Day

 
SPEAKER

LaChaun Banks

Professor of the Practice, UNC Kenan-Flagler Business School and Research Fellow, Kenan Institute of Private Enterprise
9:15 AM-10:15 AM

Innovative Employee Ownership Models

Exploring practical models to implement shared ownership programs, including their impact and their ROI.

 
SPEAKERS

Ed Felenbok

Senior Director, Client Advisory Services, Ownership Works

Mathieu Despard

Mathieu Despard, Senior Researcher, Center for Social Development, Washington University in St. Louis
10:15 AM-10:30 AM

Networking Break

10:30 AM-11:30 AM

Reducing Constraints on Households and Small Businesses

CivicReach AI has created local-government-specific, on-demand and employee-first voice AI agents that assist staff in answering the phone more often, more times of the day and in more languages in an effort to get resources to the households that need it most. This session will focus on relaxing constraints on households and small businesses through providing innovative solutions to maximize resources and as well as a discussion with a policymaker on what assistance small businesses that hire locally are in need of.

 
SPEAKERS

Lindsay Freeman Avagliano

Chief Operating Officer, CivicReach.AI

Jessica Day

Mayor, Town of Knightdale

Chip Kennedy

Founder, CivicReach.AI

Kristin Economo

Chief of Staff, Skills and Development, Red Hat
11:30 AM-12:00 PM

Break for Lunch – Buffet Service

12:00 PM-12:45 PM

Luncheon Keynote: Justice-Involved Solutions Part I

A subset of the population that has been traditionally left out of development models are individuals who have been justice involved.  This session focuses on proven business models for Fair Chance Hiring, sharing both the economic necessity and best practices of hiring from this untapped talent pool. 

 
AUTHORS

Jeff Korzenik

Chief Economist, Fifth Third Commercial Bank
12:45 PM-1:00 PM

Networking Break

1:00 PM-1:30 PM

Justice Involved Solutions Part II

Presentation of a white paper that examines the opioid crisis as it relates to the job market for justice-involved individuals. Many times opioid addiction has a high probability of the individual being justice involved. This paper looks at solutions after the intervention, including a potential solution of entrepreneurship.

 
AUTHORS

Darlene DeBerry

Senior Economic Development Manager, NCGrowth
1:30 PM-2:45 PM

Benefits of Private Sector Investment

Examining cross-sector partnerships between the North Carolina Biotechnology Center, Made in Durham, and Novo Nordisk, this session will focus on workforce development strategies, pathways for opportunities, and community investment to support North Carolina’s growing life sciences industry.

 

 
SPEAKERS

Laura Rowley

Vice President, Life Sciences Economic Development, North Carolina Biotechnology Center

Nicole Niwa

Alliance Development & Social Responsibility, Public Affairs & Communications, NovoNordisk Pharmaceutical Industries LP

Casey Steinbacher

Executive Director, Made in Durham
2:45 PM-3:00 PM

Networking Break

3:00 PM-3:45 PM

Upward Mobility Pathways

This session will dive into the skills and pathways that multinational corporations can provide to a local region. We will discuss pathways within the firm as well as feature a local entrepreneur that used her experience working for a large multinational corporation for upward mobility for herself and community.

 
SPEAKERS

Tara Durnbaugh

CEO & Lead Esthetician, Poppin' Skin Spa

Christina Piard

Upskilling Talent Manager, Wolfspeed
3:45 PM-4:00 PM

Networking Break

4:00 PM-5:00 PM

Entrepreneurship as a Movement

In a time where our country strains under unprecedented pressures, there hasn’t been a more important moment to find the right tools to build a new path forward. Entrepreneurship has the potential to shift the scales of our socioeconomic and well-being landscape, and this entrepreneur is here to show us how. Chloe Hakim-Moore was leading a fiery career. She’d built 2 8-figure nonprofits; raised over $250 million; been appointed by the Lt. Governor of TN to lead a reallocation of $2 Billion in state funds for childcare; and was named Forbes 30 under 30- when she quit it all. Despite such prestigious opportunities, she realized that without ownership of her work and increased leverage- she would neither build generational wealth for her family, nor have the freedom to realize the systems’ change and personal creativity ambitions within. She needed a framework and strategy that allowed her to flourish from her zones of genius. This keynote will explore Chloe’s personal journey into ethical entrepreneurship as a case study for why entrepreneurship, when done well, can be our answer to some of the most pressing challenges and opportunities of our time.
 
SPEAKER

Chloe Hakim-Moore

CEO and Founder, The HMA
5:00 PM-5:15 PM

Closing Remarks

5:15 PM-6:00 PM

Reception

Friday, April 11

8:00 AM-9:00 AM

Conference Check-In & Networking

9:00 AM-9:15 AM

Welcome and Overview

 
SPEAKER

Camelia Kuhnen

Director of Research, Kenan Institute of Private Enterprise; Faculty Director, NCGrowth; and Professor of Finance and Sarah Graham Kenan Distinguished Scholar, UNC Kenan-Flagler Business School
9:15 AM-10:00 AM

Pathways to Prosperity

Economic strategy, public spending and creative initiatives must respond to varying local issues if high quality of life and economic mobility are to continue. Many economic realities have deep roots in geographic circumstance, and at a time when states are diverging from the national economy, local and regional economies across the country have also diverged. This session focuses on enabling local economic resilience to improve outcomes in housing, workforce access, local spending and growth opportunities.

 
SPEAKERS

Tim O’Brien

Senior Manager of Applied Research, Growth Lab at Harvard University

Tim Freeman

Senior Researcher, Growth Lab at Harvard University
10:00 AM-10:30 AM

Tax Increment Financing, Economic Growth, and Inequality

 
AUTHORS

Isaac Hacamo

Associate Professor of Finance, Kelley School of Business, Indiana University

Seohee Kim

Assistant Professor of Finance, Kelley School of Business, Indiana University
 
DISCUSSANT

Ben McCartney

Assistant Professor of Commerce, University of Virginia
10:30 AM-10:45 AM

Networking Break

10:45 AM-11:45 AM

Education, Labor Markets & Financial Constraints

 
AUTHORS

Sanket Korgaonkar

Crum Real Estate Fellow and Assistant Professor of Commerce, University of Virginia

Constantine Yannelis

Janeway Professor of Financial Economics, University of Cambridge

Elena Loutskina

Professor of Business Administration and Peter M. Grant II Bicentennial Foundation Chair, University of Virginia Darden School of Business
 
 
DISCUSSANT

Kim Cornaggia

Louis R. & Virginia A. Benzak Professor and Chair, Department of Finance, Pennsylvania State University

 
AUTHORS

Marta Cota

Assistant Professor, Nova School of Business and Economics

Ante Šterc

Senior Economist, Banco de Portugal
 
DISCUSSANT

Paolina Medina

Assistant Professor of Finance, University of Houston
 
11:45 AM-12:00 PM

Networking Break

12:00 PM-1:00 PM

Mortgages and Homeownership

 
AUTHORS

W. Scott Frame

Chief Economist and Head of Policy, Structured Finance Association

Kristopher Gerardi

Research Economist and Senior Advisor, Federal Reserve Bank of Atlanta

Erik J. Mayer

Assistant Professor of Finance, University of Wisconsin-Madison

Billy Y. Xu

Assistant Professor of Finance, Simon Business School, University of Rochester

Lawrence Chengzhi Zhao

Assistant Professor of Finance, Texas Tech University
 
DISCUSSANT

Lulu Wang

Assistant Professor of Finance, Kellogg School of Management, Northwestern University

 
SPEAKER

Pari Sastry

Assistant Professor of Finance, Columbia University
 
DISCUSSANT

Cameron Ellis

Hentges Fellow in Finance and Assistant Professor, the University of Iowa
1:00 PM

Conclusion Remarks and Lunch – To-Go Lunches Available

 
 

Frank Hawkins Kenan Institute of Private Enterprise

Leveraging the Private Sector for the Public Good

Established in 1985 by Frank Hawkins Kenan, the Kenan Institute of Private Enterprise is a nonpartisan business policy think tank affiliated with the UNC Kenan-Flagler Business School. The nonprofit institute and its affiliated centers convene leaders from business, academia and government to better understand how the private sector can work for the public good. The institute leverages best-in-class research to develop market-based solutions to today’s most complex economic challenges. In doing so, the institute aims to support businesses and policies that better the lives of people in North Carolina, across the country and around the world.

kenaninstitute.unc.edu

 

UNC Kenan-Flagler Business School

Our mission is to build and inspire leaders who make the world a better place. We challenge and prepare our students to be best in the world and the best for the world.

kenan-flagler.unc.edu

A Frank Hawkins Kenan Institute of Private Enterprise Event