michael peters economics

To link different versions of the same work, where versions have a different title, use this form. Like Tweet Share. 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. 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. 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. 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. 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). ", Halevy, Yoram & Peters, Michael, 2007. Some immigration is low-skilled, some immigration is high-skilled. 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. I started working on growth theory during my PhD at MIT. 180 * 2021: For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. 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. His research mostly focuses on macroeconomics, economic development and growth, and international trade. 2023 National Bureau of Economic Research. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. Financial Accounting, 11th Edition | Wiley 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. ", Peters, Michael & Severinov, Sergei, 2005. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. 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. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. This inflow increased the German population by almost 20%. The system can't perform the operation now. 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. Michael Peters & Sergei Severinov, 2008. Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . Please note that most corrections can take a couple of weeks to filter through the various RePEc services. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics The first months where very discouraging because so little data seemed to have survived. 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. ", Celik, Gorkem & Peters, Michael, 2011. Department of Economics. Fertility rates in most of the developed world have already declined below 2 and we see the same trends in developing countries. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. 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. 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. 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. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. 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. 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 American Economic Journal . A minor in economics is open to students enrolled in any college. Michael Peters | IDEAS/RePEc Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. In my research I focus primarily on economic growth and long-run economic development. ", Epstein, Larry G. & Peters, Michael, 1999. In his research he focuses on economic growth and long-run economic development. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. Penn State now offers a two-year program designated only for the M.A. Michael Peters - Contact [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The Michael Peters | NBER ", Michael Peters & Ralph A. Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . Research. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. michael peters economics ubc We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. Market Size and Spatial Growth - Evidence from Germany's Post-War To what extent these findings have a direct relevance for immigration policy today, is a great question. Michael Peters Economics Department, Yale University Verified email at . Yale Department of Economics. Conor Walsh - Google Scholar Verified email at yale.edu. Most demographers expect the global population to decline starting by around 2065. 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. The Gains from Input Trade with Heterogeneous Importers The emergence of new cities in Rural America played a big part for this transition. The Geography of Remote Work . I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. Research Conor Walsh Before joining Yale University, he held a position at the London School of Economics. Virtually all theories of economic growth predict a positive relationship between population size and productivity. 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. Virtual. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Economics Department, Yale University. J Blaum, C Lelarge, M Peters. 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 research he focuses on economic growth and long-run economic development. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. Start your day off right, with a Dayspring Coffee Fabian Eckert - Google Scholar 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? 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). I think we need more work to understand what happens when the population shrinks. 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. American Economic Review. 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. What are some exciting areas for further research in this area? [PDF] A folk theorem for competing mechanisms | Semantic Scholar Title . 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. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. U Akcigit, H Alp, M Peters. By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. 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). At the heart of this analysis are West Germany population censuses for the years 1933, 1939, 1950, and 1961. Michael Peters, Yale - Department of Economics Michael Peters | VoxDev Michael Peters from Yale will present Spatial Structural Change. Create your own unique website with customizable templates. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Macroeconomics Development Economics Growth. This particular setting is, of course, close to my heart. 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 See all articles by Michael Peters Michael Peters. Sort by citations Sort by year Sort by title. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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 PDF MICHAEL PETERS A 2022 - Economics.yale.edu Is the rise of services only due to income effects or can growth be service-led? 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. armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com hb```f``} cf`ah`.d0 degree in economics. It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. The following articles are merged in Scholar. Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. Creative Destruction, Distance to Frontier, and Economic Development by Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . 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. endstream endobj startxref 0 %%EOF 43 0 obj <>stream 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. 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. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Michael Peters. Entrepreneurship - McGraw Hill Education [PDF] Firm Creation and Local Growth | Semantic Scholar 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 University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. 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. My research interests are in micro theory, especially the theory of competing mechanisms, and the theory of directed search. interests: Trade, Economic Geography, and Macroeconomics contact: . Michael Porter - Wikipedia . American Economic Review 111 (1), 231-75, 2021. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. 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). Columbia University. 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. What motivated you to take on this research question? hbbd``b`*@q`$3DY $,> L@)"3` 2 Michael Peters | Yale Department of Economics Using variation across counties, I show that the settlement of refugees had large and persistent effects on the size of the local popula- tion, manufacturing employment, and income per capita. Financial Accounting in an Economic Context - Jamie Pratt, Michael F New research by Yale Economist Michael Peters, new paper, published in Econometrica last month, New Research by Michael Peters on the Economic Consequences of Refugee Settlements. At least three aspects of this study seem particularly context specific. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. But even within the US there are vast regional differences in the type of migrants that settle in different areas. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream Author(s) Michael Peters. Michael Peters | Queen's Economics Department I am an Assistant Professor at the Department of Economics at the University of California, San Diego. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). Ming Xu. Journal of Urban Economics, Volume 120, July 2022, 103454. 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. %PDF-1.5 % target no need to return item. What are the policy implications, if any, of this research? Their, This "Cited by" count includes citations to the following articles in Scholar.

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