michael peters economics
There have been few attempts to provide direct evidence on the causal effect of larger scale on productivity growth and to connect such estimates to structural models. This work allowed him to quantify the effect of the refugee settlement on aggregate income and study how the government policy of sending refugees to the countryside might ignite and maintain rural industrialization. In his research he focuses on economic growth and long-run economic development. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. Title. Most demographers expect the global population to decline starting by around 2065. The large inflows led to persistent changes in the sectoral composition of the local economy. Affiliation: Yale. To link different versions of the same work, where versions have a different title, use this form. Verified email at columbia.edu - Homepage. Journal of Urban Economics, Volume 120, July 2022, 103454. Michael Peters, Conor Walsh Economics SSRN Electronic Journal 2019 A growing body of empirical research highlights substantial changes in the US economy during the last three decades. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. The breakthrough came at visit to Stanford, when I realized that the Hoover Institute had hundreds of old microfilms of the data the US military government collected in the late 1940s and 1950s. Department of Economics. Increases in per-capita income, particularly in the long run. [PDF] A folk theorem for competing mechanisms | Semantic Scholar A minor in economics is open to students enrolled in any college. Michael Peters Published 1 October 2021 Economics SSRN Electronic Journal Virtually all theories of economic growth predict a positive relationship between population size and productivity. By building a solid foundation in the mechanics of preparing and analyzing financial statements, performance measurement (Return on Equity), and decision-making with the help of data analytics, Financial Accounting, 11th Edition helps students better prepare to be effective and successful business professionals. Conor Walsh - Google Scholar ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. Yale. A Revelation Principle for Competing Mechanisms Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. 37 (2), pages 281-306, November. New research by Yale Economist Michael Peters, new paper, published in Econometrica last month, New Research by Michael Peters on the Economic Consequences of Refugee Settlements. To estimate the relationship between refugee inflow and local economic development, Professor Peters constructed a data set from original historical sources for more than 500 West German counties since the 1930s. He received his PhD from the Massachusetts Institute of Technology (MIT) and held an Assistant Professor position at the London School of Economics before joining Yale. Publications by author | Yale Department of Economics We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. Together with my colleague Costas Arkolakis and Sun Kyoung Lee at Michigan, we work on a project on the link between migration and economic development in the US between 1880 and 1920 where we try to carefully measure differences in innovation potential between migrants from different countries. In the af- termath of the Second World War, 8 million ethnic Germans were expelled from their domiciles in Eastern Europe and transferred to West Germany. ", Sergei Severinov & Michael Peters, 2004. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. The Bulletin on Retirement and Disability, Productivity, Innovation, and Entrepreneurship, Boosting Grant Applications from Faculty at MSIs, Conference on Research in Income and Wealth, Early Indicators of Later Work Levels, Disease and Death, Improving Health Outcomes for an Aging Population, Measuring the Clinical and Economic Outcomes Associated with Delivery Systems, Retirement and Disability Research Center, The Roybal Center for Behavior Change in Health, Training Program in Aging and Health Economics, Transportation Economics in the 21st Century. [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The interests: Trade, Economic Geography, and Macroeconomics contact: . The ones marked, American Economic Journal: Macroeconomics 10 (4), 77-127, Journal of International Economics 120, 59-83, New articles related to this author's research, Research Assistant Professor of Economics, Boston University, Department of Economics, University of Chicago, Tuntex Professor of International and Development Economics, Yale University, Professor of Economics, London School of Economics, Professor of Economics, INSEAD, London School of Economics and College de France, Heterogeneous Markups, Growth, and Endogenous Misallocation, The gains from input trade with heterogeneous importers, Lack of selection and limits to delegation: firm dynamics in developing countries, Market size and spatial growth-evidence from germanys post-war population expulsions, Firm size, quality bias and import demand, A method to construct geographical crosswalks with an application to us counties since 1790, Growing Like India: The Unequal Effects of Service-Led Growth, Solutions manual for introduction to modern economic growth, European immigrants and the United States rise to the technological frontier, Creative Destruction, Distance to Frontier, and Economic Development, Sprouting Cities: How Rural America Industrialized, Discussion of The Matthew effectand market concentration: Search complementarities and monopsony power by Fernndez-Villaverde, Mandelman, Yu and Zanetti. Solutions Manual - Michael Peters Michael Peters | Yale Department of Economics 180 * 2021: Sprouting Cities: How Rural America Industrialized, MarketSize and Spatial Growth -Evidence from Germany's Post-WarPopulation Expulsions, Heterogeneous Markups, Growth and Endogenous Misallocation, Firm Size, Quality Bias and Import Demand, The Gains From Input Trade with Heterogeneous Importers, Creative Destruction, Distance to Frontier, andEconomic Development, Growing Like India: The Unequal Effects of Service-Led Growth, Population Growth andFirm-Product Dynamics. A six-time winner of the McKinsey Award for the best Harvard Business Review article of the year, Professor Porter is the most cited author in business and economics. Financial Accounting in an Economic Context - Jamie Pratt, Michael F Michael Peters | Yale Economic Growth Center Home People Michael Peters Faculty Associate Professor of Economics Contact P. 203-436-8475 E. m.peters@yale.edu Expertise Development Economics, International Trade, Macroeconomics Website Download C.V. Michael Porter - Wikipedia I am an Assistant Professor at the Department of Economics at the University of California, San Diego. Michael Peters - Contact Fertility rates in most of the developed world have already declined below 2 and we see the same trends in developing countries. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. ", Peters, Michael & Severinov, Sergei, 2006. ", Peters, Michael & Szentes, Balazs, 2009. Michael Peters, Yale - Department of Economics Michael Peters, Yale Home Michael Peters, Yale When September 18, 2017 4:00 pm -5:30 pm Where 613 Kern Michael Peters from Yale will present "Spatial Structural Change". In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. J Blaum, C Lelarge, M Peters. What are some exciting areas for further research in this area? Research Conor Walsh Being from Germany myself, one hears lots of stories about the WW2 expulsion. Macroeconomics Economic Growth Urban Economics. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. EU Economic Policy and Architecture after Covid, DP13700 Firm Size, Quality Bias and Import Demand, International Trade and Regional Economics, DP12237 Firm Size and the Intensive Margin of Import Demand, DP11721 The Gains from Input Trade with Heterogeneous Importers. Michael Peters, Yale - Department of Economics The US is clearly the prime example of a country that was able to attract high-skilled migrants for a good part of the last 150 years. Michael Peters | Cowles Foundation for Research in Economics Start your day off right, with a Dayspring Coffee Ufuk Akcigit - Google Scholar Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. See all articles by Michael Peters Michael Peters. For example, the US Military Government in Bavaria, published an internal report which explicitly discussed how the arrival of the refugees in rural Bavaria presented opportunities for firms to move to locations near idle workers. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods Financial Accounting, 11th Edition | Wiley . PDF Heterogeneous Markups, Growth, and Endogenous Misallocation All Rights Reserved. ", Michael Peters & Sergei Severinov, 2008. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . There, details are also given on how to add or correct references and citations. Market Size and Spatial GrowthEvidence From Germany's Post-War Population Expulsions, Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries, Heterogeneous Markups, Growth, and Endogenous Misallocation. This particular setting is, of course, close to my heart. Large and persistent increase in the size of the local population; It spurred local industrialization by increasing labor in the manufacturing sector and decreasing labor in the agriculture sector; and. Research | montoya.econ.ubc.ca ". The persistent long-term effects of the refugee settlement imply that the government policy of settling refugees in rural labor markets might have changed the long-term path of local industrialization in West Germany. [PDF] Firm Creation and Local Growth | Semantic Scholar Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com His research mostly focuses on macroeconomics, economic development and growth, and international trade. Second, the refugees were allocated to rural areas and not to urban centers. Finally, he studied the process of structural change, both in the US in the past and for present-day India, emphasizing the consequences on inequality across both people and space. And they, luckily, had taken pictures of the old census publications, which I could digitize. I think there are so many related interesting and important questions to work on. The model can be solved analytically and allows for a precise theoretical characteri-zation of the underlying determinants of market power and its macroeconomic conse-quences. For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. Michael Peters is an Associate Professor of Economics at Yale University, a Faculty Research Fellow of the National Bureau of Economic Research (NBER) and a Research Affiliate at the Centre for Economic Policy Research (CEPR). Verified email at yale.edu. Office Address 87 Trumbull Street, Room B221 CV Website Michael Peters is an Associate Professor of Economics at Yale University, a Faculty Research Fellow of the National Bureau of Economic Research (NBER) and a Research Affiliate at the Centre for Economic Policy Research (CEPR). Public profiles for Economics researchers, Curated articles & papers on economics topics, Upload your paper to be listed on RePEc and IDEAS, Pretend you are at the helm of an economics department, Data, research, apps & more from the St. Louis Fed, Initiative for open bibliographies in Economics, Have your institution's/publisher's output listed on RePEc, Matching by Luck or Search? Winter, 1983. Their, This "Cited by" count includes citations to the following articles in Scholar. Michael Peters | VoxDev Virtually all theories of economic growth predict a positive relationship between population size and productivity. How do local economies respond to large increases to the size of their population? If the link between productivity and population size is different in the service sector, these findings might have little to tell us about the likely effects of immigration today. Michael Peters Economics Department, Yale University Verified email at yale.edu Teresa Fort Associate Professor, Tuck School of Business at Dartmouth, NBER, CEPR Verified email at tuck.dartmouth.edu Peter K. Schott Juan Trippe Professor of Economics, Yale School of Management & NBER & CEPR Verified email at yale.edu target no need to return item. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream What are the policy implications, if any, of this research? Michael Peters | Queen's Economics Department Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. The estimated model im- plies that the refugee settlement increased aggregate income per capita by about 12% after 25 years and triggered a process of industrialization in rural areas. Yale University - Department of Economics; Yale University - Cowles Foundation. The Gains from Input Trade with Heterogeneous Importers Sort by citations Sort by year Sort by title. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. All material on this site has been provided by the respective publishers and authors. Michael Peters Economics Department, . For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. (2006). PDF MICHAEL PETERS A 2022 - Economics.yale.edu In his work on growth and economic geography, he analyzed the long-run consequences of large-scale migration, both in post-war Germany and for the US in the 19th century. Author(s) Michael Peters. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. However, these gains were heavily skewed toward high-income households living in urban districts. Tuntex Professor of International and Development Economics, Yale University - Cited by 19,147 - Macroeconomic Development - Economic Growth and Development - China's Economic Development - Family Economics - Macroeconomics . Market Size and Spatial Growth - Evidence from Germany's Post-War Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. For general information on how to correct material on RePEc, see these instructions. fabian eckert Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. Some immigration is low-skilled, some immigration is high-skilled. Productive firms thus settle in productive. You can help correct errors and omissions. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. michael peters economics ubc Michael Peters - Google Scholar Economics Department, Yale University. Before joining Yale University, he held a position at the London School of Economics. Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. Virtual. I would love to see more quantitative work on the consequences of migration that takes such differences into account. Empirical Evidence from the Executive Labor Market, Reciprocal Relationships and Mechanism Design, Reciprocal relationships and mechanism design, Canadian Journal of Economics/Revue canadienne d'conomique, On the Revelation Principle and Reciprocal Mechanisms in Competing Mechanism Games, Other Regarding Preferences: Outcomes, Intentions, or Interdependence, Non-cooperative foundations of hedonic equilibrium, The Pre-Marital Investment Game: Addendum, Technical Appendix to Internet Auctions with Many Traders, Unobservable Heterogeneity in Directed Search, Internet Trading Mechanisms And Rational Expectations, Econometric Society 2004 North American Winter Meetings, Pure Strategies and No Externalities with Multiple Agents, Negotiation and Take it or Leave it in Common Agency, Negotiation and take it or leave it in common agency, Common Agency and the Revelation Principle, Limits of Exact Equilibria for Capacity Constrained Sellers with costlySearch, Limits of Exact Equilibria for Capacity Constrained Sellers with Costly Search, Competition Among Mechanism Designers in a Common Value Environment, Competition among mechanism designers in a common value environment, A Revelation Principle For Competing Mechanisms, A Revelation Principle for Competing Mechanisms, On the Equivalence of Walrasian and Non-Walrasian Equilibria in Contract Markets: The case of Complete Contracts, Competition Among Sellers who offer Auctions Instead of Prices, Competition among Sellers Who Offer Auctions Instead of Prices, Dynamic Monopoly Power When Search is Costly, Noncontractible Heterogeneity in Directed Search, Erratum to "Negotiation and take it or leave it in common agency": [Journal of Economic Theory 111 (2003) 88-109], Pure strategy and no-externalities with multiple agents, Decentralized Markets and Endogenous Institutions, Incentive-Consistent Matching Processes for Problems with ex Ante Pricing, Equilibrium Mechanisms in a Decentralized Market, On the Efficiency of Ex Ante and Ex Post Pricing Institutions, Ex Ante Price Offers in Matching Games Non-steady States, Research and development with publicly observable outcomes, Bertrand Equilibrium with Capacity Constraints and Restricted Mobility, Market Equilibrium and the Resolution of Uncertainty, Labour contracts in a stock market economy, Number of Distinct Works, Weighted by Simple Impact Factor, Number of Distinct Works, Weighted by Recursive Impact Factor, Number of Distinct Works, Weighted by Number of Authors and Simple Impact Factors, Number of Distinct Works, Weighted by Number of Authors and Recursive Impact Factors, Number of Citations, Weighted by Simple Impact Factor, Number of Citations, Weighted by Recursive Impact Factor, Number of Citations, Weighted by Recursive Impact Factor, Discounted by Citation Age, Number of Citations, Weighted by Number of Authors, Number of Citations, Weighted by Number of Authors and Simple Impact Factors, Number of Citations, Weighted by Number of Authors and Simple Impact Factors, Discounted by Citation Age, Number of Citations, Weighted by Number of Authors and Recursive Impact Factors, Number of Citations, Weighted by Number of Authors and Recursive Impact Factors, Discounted by Citation Age, Number of Journal Pages, Weighted by Simple Impact Factor, Number of Journal Pages, Weighted by Recursive Impact Factor, Number of Journal Pages, Weighted by Number of Authors, Number of Journal Pages, Weighted by Number of Authors and Simple Impact Factors, Number of Journal Pages, Weighted by Number of Authors and Recursive Impact Factors, Queen's Economics Department PhD Graduates, 1980 Economics Department; Queen's University (from, Li, Kun & Peters, Michael & Xu, Pai, 2013.
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