", Peters, Michael & Szentes, Balazs, 2009. Michael Peters Economics Department, Yale University Verified email at . About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. firm and location productivity arecomplements and labor market frictions are sufficiently large. My aunt, for example, grew up in the Eastern Territories and had to flee on a horse. You can help correct errors and omissions. Michael Porter - Wikipedia Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. & Severinov,S., 2001. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. 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). CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. 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 degree in economics. Michael Peters, Yale - Department of Economics 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). Yale Department of Economics. 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. 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. Most demographers expect the global population to decline starting by around 2065. I am an Associate Professor in the Economics Department at Yale. Michael Peters Economics Department, . 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. 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. 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. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. Fabian Eckert - Google Scholar All material on this site has been provided by the respective publishers and authors. 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. 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. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Fabrizio Zilibotti - Google Scholar For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. 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, 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. 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. Macroeconomics Economic Growth Urban Economics. Follow. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. 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. By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. Box 21345, New . fabian eckert He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Macroeconomics Development Economics Growth. armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com All Rights Reserved. Before joining Yale University, he held a position at the London School of Economics. Michael Peters | NBER With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . 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. 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). 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. 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. Market Size and Spatial Growth - Evidence from Germany's Post-War Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. 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. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. 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. At least three aspects of this study seem particularly context specific. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. ", Peters, Michael & Severinov, Sergei, 2003. U Akcigit, H Alp, M Peters. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. What were the results? Social Menu. What are some exciting areas for further research in this area? 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. Financial Accounting, 11th Edition | Wiley We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. I would love to see more quantitative work on the consequences of migration that takes such differences into account. Solutions Manual - Michael Peters Financial Accounting in an Economic Context - Jamie Pratt, Michael F What motivated you to take on this research question? 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. 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. Is the rise of services only due to income effects or can growth be service-led? Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. ", Halevy, Yoram & Peters, Michael, 2007. Sort by citations Sort by year Sort by title. . A minor in economics is open to students enrolled in any college. Allen Head. At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. The large inflows led to persistent changes in the sectoral composition of the local economy. 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. New Research by Michael Peters on the Economic Consequences of Refugee I started working on growth theory during my PhD at MIT. But even within the US there are vast regional differences in the type of migrants that settle in different areas. Department of Economics. Michael Peters | Yale Department of Economics Virtually all theories of economic growth predict a positive relationship between population size and productivity. ", Michael Peters & Sergei Severinov, 1995. PDF MICHAEL PETERS A 2022 - Economics.yale.edu 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". Michael Peters - Vice President Corporate Strategy - LinkedIn Michael Peters. See all articles by Michael Peters Michael Peters. I think there are so many related interesting and important questions to work on. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . Research | montoya.econ.ubc.ca Productive firms thus settle in productive. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. target no need to return item. Start your day off right, with a Dayspring Coffee 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. 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. endstream endobj startxref 0 %%EOF 43 0 obj <>stream The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. Create your own unique website with customizable templates. 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 Research Conor Walsh michael peters economics ubc The Geography of Remote Work . Penn State now offers a two-year program designated only for the M.A. interests: Trade, Economic Geography, and Macroeconomics contact: . Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . This inflow increased the German population by almost 20%. 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. ", Celik, Gorkem & Peters, Michael, 2011. ", Peters, Michael & Severinov, Sergei, 2005. Skip to main content Powered by 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. Footer Menu. His research mostly focuses on macroeconomics, economic development and growth, and international trade.
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