Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. 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. 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. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space.
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Fabian Eckert - Google Scholar What motivated you to take on this research question? ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. 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. 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. At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. %PDF-1.5
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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. degree in economics. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities.
His research mostly focuses on macroeconomics, economic development and growth, and international trade.
Michael Peters - Vancouver School of Economics Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . Economics Department, Yale University. 0q$D~;4}
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Michael Porter - Wikipedia There, details are also given on how to add or correct references and citations. Follow. Macroeconomics Development Economics Growth. This particular setting is, of course, close to my heart. 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 Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. Author(s) Michael Peters. The following articles are merged in Scholar. 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 economics ubc Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. Peters,M. What were the results? armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com 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 . 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).
[PDF] The End of Economic Growth? Unintended Consequences of a American Economic Review 111 (1), 231-75, 2021. Michael Peters. ", Peters, Michael & Severinov, Sergei, 2003. target no need to return item. Fertility rates in most of the developed world have already declined below 2 and we see the same trends in developing countries. Footer Menu. Most demographers expect the global population to decline starting by around 2065. . Macroeconomics Economic Growth Urban Economics. ", Celik, Gorkem & Peters, Michael, 2011. 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.
PDF Heterogeneous Markups, Growth, and Endogenous Misallocation The large inflows led to persistent changes in the sectoral composition of the local economy.
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). All Rights Reserved.
New Research by Michael Peters on the Economic Consequences of Refugee 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. 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 This inflow increased the German population by almost 20%. Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods Articles Cited by Co-authors. The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. 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 AUGUST 2022 Contact Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 eMail: m.peters@yale.edu Academic Appointments 2021-2022 Visiting Scholar, New York University Stern School of Business 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. And they, luckily, had taken pictures of the old census publications, which I could digitize. Michael Peters Economics Department, Yale University Verified email at yale.edu. Being from Germany myself, one hears lots of stories about the WW2 expulsion. However, these gains were heavily skewed toward high-income households living in urban districts. Ming Xu. 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. 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 | VoxDev A minor in economics is open to students enrolled in any college. Virtual. 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. [8] hbbd``b`*@q`$3DY $,> L@)"3` 2 It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic .
Market Size and Spatial Growth - Evidence from Germany's Post-War [PDF] Firm Creation and Local Growth | Semantic Scholar See all articles by Michael Peters Michael Peters. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel.
Solutions Manual - Michael Peters 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. 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
michael peters economics ubc Michael Peters | CEPR In his research he focuses on economic growth and long-run economic development. ", Celik, Gorkem & Peters, Michael, 2008. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. How do local economies respond to large increases to the size of their population? 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. Social Menu. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me.
Research | montoya.econ.ubc.ca Before joining Yale University, he held a position at the London School of Economics. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013.
Some immigration is low-skilled, some immigration is high-skilled. J Blaum, C Lelarge, M Peters. I would love to see more quantitative work on the consequences of migration that takes such differences into account. 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. firm and location productivity arecomplements and labor market frictions are sufficiently large. Like Tweet Share. The first months where very discouraging because so little data seemed to have survived. U Akcigit, H Alp, M Peters. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. I started working on growth theory during my PhD at MIT. 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. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. Columbia University. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service.
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. Start your day off right, with a Dayspring Coffee 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 | Yale Department of Economics "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. ", Michael Peters & Sergei Severinov, 2001. Second, the refugees were allocated to rural areas and not to urban centers.
Financial Accounting, 11th Edition | Wiley 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. hb```f``} cf`ah`.d0 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 Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. 6 October, 2021 4:00 pm-6:00 pm. Is the rise of services only due to income effects or can growth be service-led?
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. (2006). In my research I focus primarily on economic growth and long-run economic development. 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 emergence of new cities in Rural America played a big part for this transition. ". 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. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. Skip to main content What are the policy implications, if any, of this research? I think there are so many related interesting and important questions to work on. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Affiliation: Yale. Verified email at columbia.edu - Homepage. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. hWR8~}aU)$pnf[=dXdf3
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p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. 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). 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.
Publications by author | Yale Department of Economics 180 * 2021: Michael Peters Economics Department, Yale University Verified email at . . 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. Fabrizio Zilibotti. Virtually all theories of economic growth predict a positive relationship between population size and productivity.
Michael Peters - Contact In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects.
Michael Peters | Cowles Foundation for Research in Economics For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. 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
PDF MICHAEL PETERS A 2022 - Economics.yale.edu Department of Economics. 2023 National Bureau of Economic Research. For general information on how to correct material on RePEc, see these instructions. 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. ", Peters, Michael & Severinov, Sergei, 2005. Cited by. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. I think we need more work to understand what happens when the population shrinks. Research. 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. Their, This "Cited by" count includes citations to the following articles in Scholar. It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. 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.
Entrepreneurship - McGraw Hill Education Michael Peters - Vice President Corporate Strategy - LinkedIn Michael Peters & Sergei Severinov, 2008.
Michael Peters | Queen's Economics Department Research Conor Walsh ", Michael Peters & Ralph A. The system can't perform the operation now. Winter, 1983. 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 Economics Department, .
fabian eckert 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. 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.
Michael Peters | Yale Economic Growth Center 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.
[PDF] Declining Dynamism, Increasing Markups and Missing Growth: The At least three aspects of this study seem particularly context specific. His research mostly focuses on macroeconomics, economic development and growth, and international trade. All material on this site has been provided by the respective publishers and authors. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . Michael Peters from Yale will present Spatial Structural Change. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. 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.
A Revelation Principle for Competing Mechanisms