I am an Assistant Professor at the Department of Economics at the University of California, San Diego. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. Conor Walsh. ", Celik, Gorkem & Peters, Michael, 2011. 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. 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. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. ", Epstein, Larry G. & Peters, Michael, 1999. 6 October, 2021 4:00 pm-6:00 pm. 37 (2), pages 281-306, November. Verified email at columbia.edu - Homepage. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . Macroeconomics Development Economics Growth. Some immigration is low-skilled, some immigration is high-skilled. 180 * 2021: Yale. A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. [8] Title. ", Michael Peters & Ralph A. I think we need more work to understand what happens when the population shrinks. Macroeconomics Economic Growth Urban Economics. 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. To link different versions of the same work, where versions have a different title, use this form. Sort by citations Sort by year Sort by title. Michael Peters & Sergei Severinov, 2008. Michael Peters Economics Department, Yale University Verified email at yale.edu. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. 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 Economics 1995 This paper explores two models of an economy in which contracts are exchanged. His research mostly focuses on macroeconomics, economic development and growth, and international trade. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. 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. 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. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. 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). 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. 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. Research. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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. There, details are also given on how to add or correct references and citations. To what extent these findings have a direct relevance for immigration policy today, is a great question. Try again later. The Geography of Remote Work . Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 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. Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . See all articles by Michael Peters Michael Peters. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. 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 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. 0q$D~;4}
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Michael Peters ; Michael Peters . CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. U Akcigit, H Alp, M Peters. Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . 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. American Economic Journal . Allen Head. . Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. firm and location productivity arecomplements and labor market frictions are sufficiently large. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. J Blaum, C Lelarge, M Peters. ", Celik, Gorkem & Peters, Michael, 2008. Phone (613) 533-2250 Fax (613) 533-6668 Email https . Speaker(s) Location. However, these gains were heavily skewed toward high-income households living in urban districts. 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. 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. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. ". We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. All material on this site has been provided by the respective publishers and authors. Fabrizio Zilibotti. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. I think there are so many related interesting and important questions to work on. 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 WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. At least three aspects of this study seem particularly context specific. ", Peters, Michael & Szentes, Balazs, 2009. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). Penn State now offers a two-year program designated only for the M.A. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . Economics Department, Yale University. Virtual. Journal of Urban Economics, Volume 120, July 2022, 103454. At the heart of this analysis are West Germany population censuses for the years 1933, 1939, 1950, and 1961. His research mostly focuses on macroeconomics, economic development and growth, and international trade. 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. 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 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 Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. target no need to return item. Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies.
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Social Menu. ", Michael Peters & Sergei Severinov, 2001. 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. All Rights Reserved. Before joining Yale University, he held a position at the London School of Economics. 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? 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. 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. Sort. Articles Cited by Co-authors. . This inflow increased the German population by almost 20%. Michael Peters Economics Department, Yale University Verified email at . Department of Economics. For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. ", Peters, Michael & Severinov, Sergei, 2003. I am an Associate Professor in the Economics Department at Yale. ", Michael Peters & Sergei Severinov, 2008. I would love to see more quantitative work on the consequences of migration that takes such differences into account. 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. The following articles are merged in Scholar. Most demographers expect the global population to decline starting by around 2065. Michael Peters Economics Department, . Create your own unique website with customizable templates. For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. What are some exciting areas for further research in this area? (2006). To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. Michael Peters from Yale will present Spatial Structural Change. 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. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Box 21345, New . Yale Department of Economics. How do local economies respond to large increases to the size of their population? ", Michael Peters & Sergei Severinov, 1995. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. 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. For the case of India, service-led growth was an important driver of risingliving standard. American Economic Review 111 (1), 231-75, 2021. In his research he focuses on economic growth and long-run economic development. . 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.
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