michael peters economics

Powered by Create your own unique website with customizable templates. Virtually all theories of economic growth predict a positive relationship between population size and productivity. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. Affiliation: Yale. Fabrizio Zilibotti. ", Sergei Severinov & Michael Peters, 2004. 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. 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). Follow. 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. For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. Research Conor Walsh Ufuk Akcigit - Google Scholar The emergence of new cities in Rural America played a big part for this transition. 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). 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. What were the results? New research by Yale Economist Michael Peters suggests that a large refugee settlement after World War II had three important consequences: The positive relationship between population size and productivity is at the heart of virtually all theories of economic growth. 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. [8] Conor Walsh - Google Scholar American Economic Journal . My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Students who receive a Ph.D. from Penn State and whose doctoral research is excellent have been recruited and sought after by leading academic and research institutions: our Ph.D. students have obtained tenure-track positions at Chicago, Harvard, Johns Hopkins, MIT, Northwestern, NYU, UPenn and many more. 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. Financial Accounting, 11th Edition | Wiley ", Michael Peters & Sergei Severinov, 2001. 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. At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. Professor email Michael.Peters@ubc.ca phone 604 822 4418 location_on Iona Building 108 launch Personal Website file_download Download CV Research Area Theory About I am a Professor in the Vancouver School of Economics. Michael Peters - Contact Welcome to my website! It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. Verified email at yale.edu. 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. 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". New research by Yale Economist Michael Peters suggests that a large refugee settlement after World War II had three important consequences: 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 [PDF] Firm Creation and Local Growth | Semantic Scholar 6 October, 2021 4:00 pm-6:00 pm. All Rights Reserved. However, these gains were heavily skewed toward high-income households living in urban districts. Productive firms thus settle in productive. Skip to main content To link different versions of the same work, where versions have a different title, use this form. Create your own unique website with customizable templates. ", Peters, Michael & Szentes, Balazs, 2009. The Geography of Remote Work . A minor in economics is open to students enrolled in any college. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. 37 (2), pages 281-306, November. Before joining Yale University, he held a position at the London School of Economics. In his research he focuses on economic growth and long-run economic development. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. 180 * 2021: Peters,M. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. Cited by. 2023 National Bureau of Economic Research. Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 Michael Peters | NBER (2006). Research - Michael Peters Publications Sprouting Cities: How Rural America Industrialized (with Fabian Eckert and John Juneau ) [American Economic Review P&P, forthcoming] Between 1880 to 1940, the US transformed from a largely agrarian to an industrialized economy. Professors Peters new paper, published in Econometrica last month, explores a particular historical setting to provide direct evidence for the empirical relevance of these effects. 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. J. Blaum, Claire Lelarge, Michael Peters Published 1 December 2016 Economics ERN: Microeconometric Models of Firm Behavior in Open Economies (Topic) Firms differ substantially in their participation in foreign input markets. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. Phone (613) 533-2250 Fax (613) 533-6668 Email https . This particular setting is, of course, close to my heart. Winter, 1983. For general information on how to correct material on RePEc, see these instructions. See all articles by Michael Peters Michael Peters. fabian eckert ", Michael Peters & Sergei Severinov, 1995. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Michael Peters | Yale Department of Economics How do local economies respond to large increases to the size of their population? Michael Porter - Wikipedia View Michael Peters' profile on LinkedIn, the world's largest professional community. The findings echo Acemoglu et al. 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. 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). Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. Social Menu. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. 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. Journal of Urban Economics, Volume 120, July 2022, 103454. By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. PDF MICHAEL PETERS A 2022 - Economics.yale.edu Michael Peters Economics Department, Yale University Verified email at . ", Celik, Gorkem & Peters, Michael, 2008. He has worked on theories of firm-dynamics, highlighting the role of markups for misallocation, the importance of managerial delegation for firm growth, and the consequences of falling population growth. Their, This "Cited by" count includes citations to the following articles in Scholar. Michael Peters Economics, Biology 2014 TLDR This paper provides a set of mechanisms that have the property that every outcome that can be supported as a Bayesian equilibrium in a competing mechanism game can be support as an equilibrium in reciprocal mechanisms. Like Tweet Share. Michael Peters - Contact Macroeconomics Development Economics Growth. For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. 19 0 obj <> endobj 28 0 obj <>/Filter/FlateDecode/ID[<70ADE99825F75C65B66EE155A86C2D05>]/Index[19 25]/Info 18 0 R/Length 64/Prev 76524/Root 20 0 R/Size 44/Type/XRef/W[1 2 1]>>stream The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. ", Halevy, Yoram & Peters, Michael, 2007. Start your day off right, with a Dayspring Coffee 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. 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. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. 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. The first months where very discouraging because so little data seemed to have survived. Title . The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. I think there are so many related interesting and important questions to work on. Yale. This is, of course, exactly the link between productivity and population that, decades later, features so prominently in Paul Romers work on economic growth or Paul Krugmans work on economic geography. hbbd``b`*@q`$3DY $,> L@)"3` 2 To what extent these findings have a direct relevance for immigration policy today, is a great question. Department of Economics. ". For the case of India, service-led growth was an important driver of risingliving standard. All material on this site has been provided by the respective publishers and authors. Michael Peters & Sergei Severinov, 2008. Research - Michael Peters Box 21345, New . degree in economics. Michael Peters, Conor Walsh Published 6 November 2019 Economics Microeconomics: Production A growing body of empirical research highlights substantial changes in the US economy during the last three decades. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics . Michael Peters. ", Peters, Michael & Severinov, Sergei, 2006. 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. 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 ", Michael Peters & Sergei Severinov, 2008. These findings are quantita- tively consistent with an idea-based model of spatial growth if population mobility is subject to frictions and productivity spillovers occur locally. My parents grew up in the West, but remember that they had to share their apartment with refugees from the East in the immediate war periods because housing was so scarce. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . At the heart of this analysis are West Germany population censuses for the years 1933, 1939, 1950, and 1961. Economics Department, Yale University. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . At the end of the Second World War, the governments of the United States, the United Kingdom, and Russia expelled millions of ethnic Germans from Eastern Europe and transferred them to West Germany and the Soviet Occupied Zone. Michael Peters Economics Department, . Conor Walsh. In the rst version contracts are exchanged on a competitive market in which traders expectations concerning conditions Expand 7 View 1 excerpt, references background Game-Playing Agents: Unobservable Contracts as Precommitments M. Katz Allen Head. Second, the refugees were allocated to rural areas and not to urban centers. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. Try again later. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. This inflow increased the German population by almost 20%. michael peters economics ubc This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. I would love to see more quantitative work on the consequences of migration that takes such differences into account. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. ", Celik, Gorkem & Peters, Michael, 2011. Market Size and Spatial Growth - Evidence from Germany's Post-War A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. Publications by author | Yale Department of Economics I am an Associate Professor in the Economics Department at Yale. 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? Research | montoya.econ.ubc.ca 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. Research. ", Epstein, Larry G. & Peters, Michael, 1999. 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. 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. 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. The Gains from Input Trade with Heterogeneous Importers Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods In his research he focuses on economic growth and long-run economic development. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. [PDF] The End of Economic Growth? Unintended Consequences of a Most demographers expect the global population to decline starting by around 2065. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. 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 from Yale will present Spatial Structural Change. Michael Peters | CEPR My research interests are in micro theory, especially the theory of competing mechanisms, and the theory of directed search. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream ", Michael Peters & Ralph A. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. 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. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. Being from Germany myself, one hears lots of stories about the WW2 expulsion. ", Peters, Michael & Severinov, Sergei, 1997. Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. 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. Michael Peters | IDEAS/RePEc Sort by citations Sort by year Sort by title. 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. David Graf Tranzact Net Worth, Characters Named Nate, Splunk Acquisition Rumors 2020, Accident On Belair Road Yesterday, Unlv Baseball Roster 2022, Articles M