michael peters economics

", Sergei Severinov & Michael Peters, 2004. Michael Peters Economics Department, Yale University Verified email at yale.edu. endstream endobj startxref 0 %%EOF 43 0 obj <>stream 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. Sort by citations Sort by year Sort by title. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. ", Epstein, Larry G. & Peters, Michael, 1999. Start your day off right, with a Dayspring Coffee 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. Financial Accounting, 11th Edition | Wiley Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. hbbd``b`*@q`$3DY $,> L@)"3` 2 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). Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. In his research he focuses on economic growth and long-run economic development. Second, the refugees were allocated to rural areas and not to urban centers. [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The 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. . 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. 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 following articles are merged in Scholar. Research Conor Walsh Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. Ming Xu. See all articles by Michael Peters Michael Peters. degree in 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. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. hb```f``} cf`ah`.d0 Peters,M. Phone (613) 533-2250 Fax (613) 533-6668 Email https . U Akcigit, H Alp, M Peters. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. Solutions Manual - Michael Peters What motivated you to take on this research question? For general information on how to correct material on RePEc, see these instructions. Research | montoya.econ.ubc.ca hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. Creative Destruction, Distance to Frontier, and Economic Development by There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. At least three aspects of this study seem particularly context specific. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. Social Menu. 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). Ufuk Akcigit - Google 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. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. ", Halevy, Yoram & Peters, Michael, 2007. 37 (2), pages 281-306, November. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . I am an Associate Professor in the Economics Department at Yale. Before joining Yale University, he held a position at the London School of Economics. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. Fabrizio Zilibotti. Is the rise of services only due to income effects or can growth be service-led? 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. In my research I focus primarily on economic growth and long-run economic development. 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 | Yale Economic Growth Center However, these gains were heavily skewed toward high-income households living in urban districts. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. [8] Michael Peters | Cowles Foundation for Research in Economics 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. Michael Peters - Contact Welcome to my website! View Michael Peters' profile on LinkedIn, the world's largest professional community. Entrepreneurship - McGraw Hill Education Department of Economics. What are the policy implications, if any, of this research? fabian eckert 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. 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. Macroeconomics Economic Growth Urban Economics. Michael Peters from Yale will present Spatial Structural Change. Michael Peters - Vice President Corporate Strategy - LinkedIn This inflow increased the German population by almost 20%. All material on this site has been provided by the respective publishers and authors. 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. Sort. Being from Germany myself, one hears lots of stories about the WW2 expulsion. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. The emergence of new cities in Rural America played a big part for this transition. Articles Cited by Co-authors. ", Peters, Michael & Szentes, Balazs, 2009. 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. 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. ", Peters, Michael & Severinov, Sergei, 2005. Research. Journal of Urban Economics, Volume 120, July 2022, 103454. The large inflows led to persistent changes in the sectoral composition of the local economy. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. firm and location productivity arecomplements and labor market frictions are sufficiently large. Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 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. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Try again later. January 2021 CFP 1710 Author(s) Michael Peters. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). 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. ", Peters, Michael & Severinov, Sergei, 2006. Michael Peters & Sergei Severinov, 2008. Affiliation: Yale. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. Conor Walsh. Michael Peters | VoxDev 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 . For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. Box 21345, New . To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. michael peters economics ubc " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. A Revelation Principle for Competing Mechanisms His research mostly focuses on macroeconomics, economic development and growth, and international trade. 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). Productive firms thus settle in productive. 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 armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com His research mostly focuses on macroeconomics, economic development and growth, and international trade. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. 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. Michael Peters - Vancouver School of Economics ", Celik, Gorkem & Peters, Michael, 2011. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Winter, 1983. Michael Peters | Queen's Economics Department 6 October, 2021 4:00 pm-6:00 pm. 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 [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. How do local economies respond to large increases to the size of their population? I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. My aunt, for example, grew up in the Eastern Territories and had to flee on a horse. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. American Economic Review. Their, This "Cited by" count includes citations to the following articles in Scholar. 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". There, details are also given on how to add or correct references and citations. Michael Peters, Yale - Department of Economics [PDF] Firm Creation and Local Growth | Semantic Scholar The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. 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. ". 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 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. ", Celik, Gorkem & Peters, Michael, 2008. New Research by Michael Peters on the Economic Consequences of Refugee The system can't perform the operation now. 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 & Ralph A. Research - Michael Peters All Rights Reserved. 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. Speaker(s) Location. 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 CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. American Economic Journal . 2023 National Bureau of Economic Research. PDF MICHAEL PETERS A 2022 - Economics.yale.edu . So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. Title. What are some exciting areas for further research in this area? Verified email at columbia.edu - Homepage. American Economic Review 111 (1), 231-75, 2021. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. 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. . Publications by author | Yale Department of Economics Michael Peters - Google Scholar Virtually all theories of economic growth predict a positive relationship between population size and productivity. Title . 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. 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. 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. I would love to see more quantitative work on the consequences of migration that takes such differences into account. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. 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. Market Size and Spatial Growth - Evidence from Germany's Post-War 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. Cited by. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. The first months where very discouraging because so little data seemed to have survived. 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. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Columbia University. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. Conor Walsh - Google Scholar ", Peters, Michael & Severinov, Sergei, 2003. . PDF Heterogeneous Markups, Growth, and Endogenous Misallocation Michael Porter - Wikipedia Michael Peters | IDEAS/RePEc Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. Macroeconomics Development Economics Growth. Yale University - Department of Economics; Yale University - Cowles Foundation. ", Peters, Michael & Severinov, Sergei, 1997. Verified email at yale.edu. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. 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. 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. I think we need more work to understand what happens when the population shrinks. I think there are so many related interesting and important questions to work on. [PDF] The End of Economic Growth? Unintended Consequences of a 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. Michael Peters Economics Department, . 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. [PDF] A folk theorem for competing mechanisms | Semantic Scholar In his research he focuses on economic growth and long-run economic development. %PDF-1.5 % Economics Department, Yale University. 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.

Ohio Orphanage Records, Urime Ditelindjen Moter Nga Largesia, Articles M