This particular setting is, of course, close to my heart. J Blaum, C Lelarge, M Peters. Allen Head. degree in economics. Journal of Urban Economics, Volume 120, July 2022, 103454. But even within the US there are vast regional differences in the type of migrants that settle in different areas. Author(s) Michael Peters. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. There, details are also given on how to add or correct references and citations. Research. Market Size and Spatial GrowthEvidence From Germany's Post-War Population Expulsions, Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries, The Gains from Input Trade with Heterogeneous Importers, American Economic Journal: Macroeconomics, Heterogeneous Markups, Growth, and Endogenous Misallocation, Cowles Foundation for Research in Economics, Yale Federal Statistical Research Data Center. My aunt, for example, grew up in the Eastern Territories and had to flee on a horse. 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. 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. 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. & Severinov,S., 2001. Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 The first months where very discouraging because so little data seemed to have survived. The system can't perform the operation now. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . Powered by Create your own unique website with customizable templates. Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . Michael Peters | Yale Department of Economics 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 Economics Department, . 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 Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. Cited by. For the case of India, service-led growth was an important driver of risingliving standard. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. 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. Most demographers expect the global population to decline starting by around 2065. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. 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. 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. Yale University - Department of Economics; Yale University - Cowles Foundation. American Economic Journal . Verified email at yale.edu. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. [PDF] The End of Economic Growth? Unintended Consequences of a What are some exciting areas for further research in this area? Market Size and Spatial Growth - Evidence from Germany's Post-War In my research I focus primarily 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. American Economic Review. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. 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. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Research Conor Walsh Fabrizio Zilibotti - Google Scholar 0q$D~;4}
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Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. Solutions Manual - Michael Peters Michael Peters - Google Scholar American Economic Review 111 (1), 231-75, 2021. In this paper, I study a particular historical episode to provide direct evidence Expand 25 PDF Structural reforms to make the most of demographic change L. Mello Economics 2020 Box 21345, New . In his research he focuses on economic growth and long-run economic development. 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. . Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . Michael Peters | NBER The large inflows led to persistent changes in the sectoral composition of the local economy. 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. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. michael peters economics ubc The following articles are merged in Scholar. 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. 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 | IDEAS/RePEc At a very general level, I am pretty confident that population density leads to higher productivity and there is a large empirical literature in urban economics that provides evidence for this to be the case. 180 * 2021: Michael Peters from Yale will present Spatial Structural Change. Conor Walsh - Google Scholar What were the results? Social Menu. [PDF] Firm Creation and Local Growth | Semantic Scholar Michael Peters Economics Department, Yale University Verified email at yale.edu. Affiliation: Yale. Is the rise of services only due to income effects or can growth be service-led? ", Michael Peters & Sergei Severinov, 2008. January 2021 CFP 1710 Author(s) Michael Peters. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. Michael Peters | Yale Economic Growth Center Michael Peters. 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. You can help correct errors and omissions. Verified email at columbia.edu - Homepage. ", Michael Peters & Sergei Severinov, 2001. "Financial Accounting, 10th Edition, by Jamie Pratt and Michael Peters, provides students with a clear understanding of financial accounting by framing accounting processes in the context of. Entrepreneurship, by Robert Hisrich, Michael Peters and Dean Shepherd has been designed to clearly instruct students on the process of formulating, planning, and implementing a new venture. I would love to see more quantitative work on the consequences of migration that takes such differences into account. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. U Akcigit, H Alp, M Peters. In his research he focuses on economic growth and long-run economic development. 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). 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). A minor in economics is open to students enrolled in any college. The Geography of Remote Work . ", Peters, Michael & Severinov, Sergei, 2006. I am an Associate Professor in the Economics Department at Yale. 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. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. 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". hbbd``b`*@q`$3DY $,> L@)"3` 2 Phone (613) 533-2250 Fax (613) 533-6668 Email https . ", Peters, Michael & Severinov, Sergei, 2003. 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 He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Macroeconomics Economic Growth Urban Economics. target no need to return item. This inflow increased the German population by almost 20%. 37 (2), pages 281-306, November.
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armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com The emergence of new cities in Rural America played a big part for this transition. At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. Second, the refugees were allocated to rural areas and not to urban centers. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. Using variation across counties, I show that the settlement of refugees had large and persistent effects on the size of the local popula- tion, manufacturing employment, and income per capita. The Gains from Input Trade with Heterogeneous Importers ", Celik, Gorkem & Peters, Michael, 2008. 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. Virtual. ", Peters, Michael & Szentes, Balazs, 2009. Like Tweet Share. Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . 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. And they, luckily, had taken pictures of the old census publications, which I could digitize. 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 . Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. Michael Peters - Vancouver School of Economics These mass migrations also led to a long-term increase in income-per-capita for the aggregate economy: a 10 percent increase in the share of refugees increased income per capita by roughly 56 percent after 15 years, and roughly 12 percent after 25 years. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. Productive firms thus settle in productive. Increases in per-capita income, particularly in the long run. 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. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. ", Sergei Severinov & Michael Peters, 2004. 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. All material on this site has been provided by the respective publishers and authors. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. 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, Yale - Department of Economics For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. Winter, 1983. Start your day off right, with a Dayspring Coffee [PDF] A folk theorem for competing mechanisms | Semantic Scholar guided by a fundamental trade-off: Operating in productive locations increases output per worker, but sharing a labor market with other productive firms makes it hard to poach and retain workers. ", Epstein, Larry G. & Peters, Michael, 1999. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. 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. Try again later. 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. Create your own unique website with customizable templates. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. [8] I think there are so many related interesting and important questions to work on. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. Before joining Yale University, he held a position at the London School of Economics. Michael Porter - Wikipedia 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). 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics (2006). targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. Michael Peters Economics Department, Yale University Verified email at . 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. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects.
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