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. The first months where very discouraging because so little data seemed to have survived. 6 October, 2021 4:00 pm-6:00 pm. The emergence of new cities in Rural America played a big part for this transition. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). See all articles by Michael Peters Michael Peters. Being from Germany myself, one hears lots of stories about the WW2 expulsion. For the case of India, service-led growth was an important driver of risingliving standard. 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. A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students.
Michael Peters - Vancouver School of Economics & Severinov,S., 2001. 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. 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. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. 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. Productive firms thus settle in productive. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Is the rise of services only due to income effects or can growth be service-led? With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . 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. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. In his research he focuses on economic growth and long-run economic development. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history.
PDF MICHAEL PETERS A 2022 - Economics.yale.edu Research Conor Walsh Michael Peters. Macroeconomics Economic Growth Urban Economics. 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, 1997.
Entrepreneurship - McGraw Hill Education Cited by. Verified email at columbia.edu - Homepage.
Michael Peters | Cowles Foundation for Research in Economics Solutions Manual - Michael Peters Winter, 1983. 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. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. This particular setting is, of course, close to my heart. Ming Xu.
[PDF] Declining Dynamism, Increasing Markups and Missing Growth: The 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 ". Most demographers expect the global population to decline starting by around 2065. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. 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.
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.
Michael Peters | IDEAS/RePEc ", Peters, Michael & Szentes, Balazs, 2009. All Rights Reserved. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Increases in per-capita income, particularly in the long run. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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. 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. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. ", Michael Peters & Ralph A. Before joining Yale University, he held a position at the London School of Economics. Peters,M. Affiliation: Yale. 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). Please note that most corrections can take a couple of weeks to filter through the various RePEc services. My research interests are in micro theory, especially the theory of competing mechanisms, and the theory of directed search. 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). . In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. At least three aspects of this study seem particularly context specific. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode.
Fabian Eckert - Google Scholar This inflow increased the German population by almost 20%. 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.
Research - Michael Peters How do local economies respond to large increases to the size of their population? Michael Peters Economics Department, . 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 . , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . I would love to see more quantitative work on the consequences of migration that takes such differences into account. The breakthrough came at visit to Stanford, when I realized that the Hoover Institute had hundreds of old microfilms of the data the US military government collected in the late 1940s and 1950s. "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. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. 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. ", Epstein, Larry G. & Peters, Michael, 1999. 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 Geography of Remote Work . Footer Menu. Department of Economics.
Michael Peters, Yale - Department of Economics American Economic Review. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. 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. ", Peters, Michael & Severinov, Sergei, 2003.
Michael Peters - Contact interests: Trade, Economic Geography, and Macroeconomics contact: . Columbia University. ", Celik, Gorkem & Peters, Michael, 2008. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. Box 21345, New .
Fertility rates in most of the developed world have already declined below 2 and we see the same trends in developing countries.
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. 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. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. ", Michael Peters & Sergei Severinov, 1995. Verified email at yale.edu. Michael Peters & Sergei Severinov, 2008. Social Menu. Create your own unique website with customizable templates. You can help correct errors and omissions. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. J Blaum, C Lelarge, M Peters. In my research I focus primarily on economic growth and long-run economic development. 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. 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. Allen Head. 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. 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. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. Author(s) Michael Peters.
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Michael Peters | VoxDev 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. 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. ", Peters, Michael & Severinov, Sergei, 2005. Second, the refugees were allocated to rural areas and not to urban centers. American Economic Journal . Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. 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 Published 1 October 2021 Economics SSRN Electronic Journal Virtually all theories of economic growth predict a positive relationship between population size and productivity. 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. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. 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 I think we need more work to understand what happens when the population shrinks. Michael Peters Economics Department, Yale University Verified email at yale.edu. 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. Their, This "Cited by" count includes citations to the following articles in Scholar. 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). 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. Yale University - Department of Economics; Yale University - Cowles Foundation. 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. 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. I am an Associate Professor in the Economics Department at Yale.
[PDF] A folk theorem for competing mechanisms | Semantic Scholar 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. His research mostly focuses on macroeconomics, economic development and growth, and international trade. A minor in economics is open to students enrolled in any college.
Publications by author | Yale Department of Economics Michael Peters | Yale Department of Economics Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand .
Michael Peters - Google Scholar All material on this site has been provided by the respective publishers and authors. 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, 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.
Michael Peters | Yale Economic Growth Center Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. 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.
2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. Phone (613) 533-2250 Fax (613) 533-6668 Email https .
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. Economics Department, Yale University. The findings echo Acemoglu et al.
Michael Peters - Vice President Corporate Strategy - LinkedIn What are some exciting areas for further research in this area? hb```f``} cf`ah`.d0 Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . His research mostly focuses on macroeconomics, economic development and growth, and international trade. View Michael Peters' profile on LinkedIn, the world's largest professional community. For general information on how to correct material on RePEc, see these instructions. Michael Peters Economics Department, Yale University Verified email at . Conor Walsh. 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 These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. The system can't perform the operation now. Follow.
Financial Accounting in an Economic Context - Jamie Pratt, Michael F Skip to main content Speaker(s) Location.
Research | montoya.econ.ubc.ca Title. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. My aunt, for example, grew up in the Eastern Territories and had to flee on a horse. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. ", Michael Peters & Sergei Severinov, 2008. 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. And they, luckily, had taken pictures of the old census publications, which I could digitize. Michael Peters - Contact Welcome to my website! targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. I started working on growth theory during my PhD at MIT. . Michael Peters ; Michael Peters . Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. Start your day off right, with a Dayspring Coffee
Michael Peters | Queen's Economics Department Articles Cited by Co-authors. 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". American Economic Review 111 (1), 231-75, 2021. To link different versions of the same work, where versions have a different title, use this form. The large inflows led to persistent changes in the sectoral composition of the local economy. Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation .
PDF Heterogeneous Markups, Growth, and Endogenous Misallocation Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca.
As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring.