michael peters economics

Phone (613) 533-2250 Fax (613) 533-6668 Email https . Michael Peters - Vice President Corporate Strategy - LinkedIn 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. U Akcigit, H Alp, M Peters. Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . 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. The first months where very discouraging because so little data seemed to have survived. To link different versions of the same work, where versions have a different title, use this form. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. The emergence of new cities in Rural America played a big part for this transition. January 2021 CFP 1710 Author(s) Michael Peters. 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. [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The Sort. I think we need more work to understand what happens when the population shrinks. Try again later. View Michael Peters' profile on LinkedIn, the world's largest professional community. Affiliation: Yale. & Severinov,S., 2001. What were the results? What motivated you to take on this research question? Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. 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. 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 & Sergei Severinov, 1995. At the heart of this analysis are West Germany population censuses for the years 1933, 1939, 1950, and 1961. Michael Peters | Queen's Economics Department Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. 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. fabian eckert There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. How do local economies respond to large increases to the size of their population? Michael Peters Economics Department, . Research Conor Walsh The following articles are merged in Scholar. Title . endstream endobj startxref 0 %%EOF 43 0 obj <>stream 180 * 2021: This inflow increased the German population by almost 20%. (2006). 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. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. Is the rise of services only due to income effects or can growth be service-led? Financial Accounting, 11th Edition | Wiley Market Size and Spatial Growth - Evidence from Germany's Post-War 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. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. Virtual. Footer Menu. Macroeconomics Economic Growth Urban Economics. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. Entrepreneurship - McGraw Hill Education In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. 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 Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. There, details are also given on how to add or correct references and citations. In my research I focus primarily on economic growth and long-run economic development. 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. Michael Peters | NBER Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Conor Walsh. I think there are so many related interesting and important questions to work on. Michael Peters - Contact Follow. 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 It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . ", Michael Peters & Sergei Severinov, 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. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. 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. 37 (2), pages 281-306, November. Michael Peters | Yale Economic Growth Center 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. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. 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 Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. 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. hb```f``} cf`ah`.d0 Author(s) Michael Peters. Before joining Yale University, he held a position at the London School of Economics. Yale University - Department of Economics; Yale University - Cowles Foundation. Publications by author | Yale Department of Economics What are some exciting areas for further research in this area? Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. ", Peters, Michael & Severinov, Sergei, 1997. Department of Economics. Skip to main content Michael Peters | CEPR 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. What are the policy implications, if any, of this research? Fabian Eckert - Google Scholar Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. A Revelation Principle for Competing Mechanisms Fabrizio Zilibotti - Google Scholar Conor Walsh - Google Scholar Powered by Create your own unique website with customizable templates. 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. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Start your day off right, with a Dayspring Coffee " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. PDF MICHAEL PETERS A 2022 - Economics.yale.edu Articles Cited by Co-authors. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. 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. hbbd``b`*@q`$3DY $,> L@)"3` 2 Columbia University. I would love to see more quantitative work on the consequences of migration that takes such differences into account. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. Research | montoya.econ.ubc.ca 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". Winter, 1983. PDF Heterogeneous Markups, Growth, and Endogenous Misallocation By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. 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. 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. Michael Peters Economics Department, Yale University Verified email at . 6 October, 2021 4:00 pm-6:00 pm. Verified email at columbia.edu - Homepage. ", Epstein, Larry G. & Peters, Michael, 1999. Michael Porter - Wikipedia A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. ". Peters,M. Cited by. . I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. Financial Accounting in an Economic Context - Jamie Pratt, Michael F Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods [PDF] The End of Economic Growth? Unintended Consequences of a Research - Michael Peters Productive firms thus settle in productive. Michael Peters | Cowles Foundation for Research in Economics Michael Peters | Yale Department of Economics Michael Peters, Yale - Department of Economics The Geography of Remote Work . Speaker(s) Location. His research mostly focuses on macroeconomics, economic development and growth, and international trade. "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. 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 Michael Peters. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. 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. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . You can help correct errors and omissions. 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). [8] However, these gains were heavily skewed toward high-income households living in urban districts. 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. targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. 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. Ming Xu. Michael Peters - Google Scholar Michael Peters & Sergei Severinov, 2008. New Research by Michael Peters on the Economic Consequences of Refugee With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). To what extent these findings have a direct relevance for immigration policy today, is a great question. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. Michael Peters | IDEAS/RePEc 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. [PDF] A folk theorem for competing mechanisms | Semantic Scholar 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. And they, luckily, had taken pictures of the old census publications, which I could digitize. Sort by citations Sort by year Sort by title. Their, This "Cited by" count includes citations to the following articles in Scholar. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. Journal of Urban Economics, Volume 120, July 2022, 103454. Michael Peters from Yale will present Spatial Structural Change. 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. 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. 2023 National Bureau of Economic Research. ", Peters, Michael & Severinov, Sergei, 2003. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. firm and location productivity arecomplements and labor market frictions are sufficiently large. Title. Some immigration is low-skilled, some immigration is high-skilled. interests: Trade, Economic Geography, and Macroeconomics contact: . I am an Associate Professor in the Economics Department at Yale. %PDF-1.5 % Michael Peters | VoxDev ", Peters, Michael & Szentes, Balazs, 2009. J Blaum, C Lelarge, M Peters. ", Peters, Michael & Severinov, Sergei, 2006. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. Being from Germany myself, one hears lots of stories about the WW2 expulsion. Allen Head. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. 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. 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. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. michael peters economics ubc target no need to return item. The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. 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). 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream 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. A minor in economics is open to students enrolled in any college. 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. 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). 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 Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 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. Ufuk Akcigit - Google Scholar Fabrizio Zilibotti. 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.

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