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. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Virtual. Solutions Manual - Michael Peters Conor Walsh - Google Scholar Like Tweet Share. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. The first months where very discouraging because so little data seemed to have survived. 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. 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). 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. ", Halevy, Yoram & Peters, Michael, 2007. 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. 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. View Michael Peters' profile on LinkedIn, the world's largest professional community. Michael Peters - Vice President Corporate Strategy - LinkedIn Macroeconomics Development Economics Growth. Start your day off right, with a Dayspring Coffee Macroeconomics Economic Growth Urban Economics. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. January 2021 CFP 1710 Author(s) Michael Peters. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. 2023 National Bureau of Economic Research. Winter, 1983. Verified email at yale.edu. What motivated you to take on this research question? Michael Peters - Contact He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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. Follow. Economics Department, Yale University. 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 are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. This particular setting is, of course, close to my heart. 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. Powered by Create your own unique website with customizable templates. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. I am an Associate Professor in the Economics Department at Yale. Research Conor Walsh I think there are so many related interesting and important questions to work on. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. 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. Yale University - Department of Economics; Yale University - Cowles Foundation. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. Penn State now offers a two-year program designated only for the M.A. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . 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. Title. Michael Peters | Cowles Foundation for Research in Economics Michael Peters - Vancouver School of Economics 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. . armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com Speaker(s) Location. Being from Germany myself, one hears lots of stories about the WW2 expulsion. Conor Walsh. 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. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. Financial Accounting, 11th Edition | Wiley endstream endobj startxref 0 %%EOF 43 0 obj <>stream This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. Public profiles for Economics researchers, Curated articles & papers on economics topics, Upload your paper to be listed on RePEc and IDEAS, Pretend you are at the helm of an economics department, Data, research, apps & more from the St. Louis Fed, Initiative for open bibliographies in Economics, Have your institution's/publisher's output listed on RePEc, Matching by Luck or Search? 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. 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. Peters,M. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. 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. 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. . Allen Head. New Research by Michael Peters on the Economic Consequences of Refugee 37 (2), pages 281-306, November. ", Celik, Gorkem & Peters, Michael, 2011. Market Size and Spatial Growth - Evidence from Germany's Post-War ". 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. All material on this site has been provided by the respective publishers and authors. interests: Trade, Economic Geography, and Macroeconomics contact: . Financial Accounting in an Economic Context - Jamie Pratt, Michael F ", Michael Peters & Ralph A. Before joining Yale University, he held a position at the London School of Economics. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. For general information on how to correct material on RePEc, see these instructions. Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. 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. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. 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. Michael Peters Economics Department, Yale University Verified email at . fabian eckert ", Peters, Michael & Szentes, Balazs, 2009. 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). Michael Peters | NBER For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. Create your own unique website with customizable templates. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. In my research I focus primarily on economic growth and long-run economic development. Ming Xu. See all articles by Michael Peters Michael Peters. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). I started working on growth theory during my PhD at MIT. Increases in per-capita income, particularly in the long run. michael peters economics ubc ", Michael Peters & Sergei Severinov, 1995. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Department of Economics. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. U Akcigit, H Alp, M Peters. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. How do local economies respond to large increases to the size of their population? Ufuk Akcigit - Google Scholar 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics Michael Peters Economics Department, . A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. Creative Destruction, Distance to Frontier, and Economic Development by A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. In the rst version contracts are exchanged on a competitive market in which traders expectations concerning conditions Expand 7 View 1 excerpt, references background Game-Playing Agents: Unobservable Contracts as Precommitments M. Katz 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. The Geography of Remote Work . Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. Skip to main content 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". For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. Michael Peters | IDEAS/RePEc Some immigration is low-skilled, some immigration is high-skilled. The emergence of new cities in Rural America played a big part for this transition. Their, This "Cited by" count includes citations to the following articles in Scholar. This inflow increased the German population by almost 20%. ", Celik, Gorkem & Peters, Michael, 2008. American Economic Journal . A minor in economics is open to students enrolled in any college. 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. [8] ", Epstein, Larry G. & Peters, Michael, 1999. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. PDF Heterogeneous Markups, Growth, and Endogenous Misallocation 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. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. [PDF] The End of Economic Growth? Unintended Consequences of a [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The The system can't perform the operation now. 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. American Economic Review. 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 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. Columbia University. "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. Try again later. I think we need more work to understand what happens when the population shrinks. To what extent these findings have a direct relevance for immigration policy today, is a great question. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. His research mostly focuses on macroeconomics, economic development and growth, and international trade. The findings echo Acemoglu et al. 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 hbbd``b`*@q`$3DY $,> L@)"3` 2 The following articles are merged in Scholar. ", Peters, Michael & Severinov, Sergei, 1997. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. Productive firms thus settle in productive. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Michael Peters & Sergei Severinov, 2008. 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. %PDF-1.5 % Footer Menu. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. Is the rise of services only due to income effects or can growth be service-led? [PDF] Firm Creation and Local Growth | Semantic Scholar But even within the US there are vast regional differences in the type of migrants that settle in different areas. Research | montoya.econ.ubc.ca 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. Research. 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. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. Michael Peters | Yale Department of Economics 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. firm and location productivity arecomplements and labor market frictions are sufficiently large. Articles Cited by Co-authors. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream Michael Peters - Google Scholar White Castle Fish Nibblers Recipe, Famous Radio Personalities 1940s, Except Early Separation In Order To Receive, Articles M
