michael peters economics

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. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. Verified email at columbia.edu - Homepage. "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. His research mostly focuses on macroeconomics, economic development and growth, and international trade. 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. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. But even within the US there are vast regional differences in the type of migrants that settle in different areas. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. Articles Cited by Co-authors. Macroeconomics Economic Growth Urban Economics. 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 The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. Footer Menu. 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. 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. ", Michael Peters & Sergei Severinov, 2001. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. ", Peters, Michael & Severinov, Sergei, 2003. hb```f``} cf`ah`.d0 What are some exciting areas for further research in this area? Michael Peters from Yale will present Spatial Structural Change. Social Menu. You can help correct errors and omissions. Michael Peters & Sergei Severinov, 2008. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. Author(s) Michael Peters. The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. 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. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. This inflow increased the German population by almost 20%. 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. 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. For the case of India, service-led growth was an important driver of risingliving standard. All material on this site has been provided by the respective publishers and authors. Cited by. Ming Xu. 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. There, details are also given on how to add or correct references and citations. Michael Peters ; Michael Peters . ", Halevy, Yoram & Peters, Michael, 2007. ", Peters, Michael & Severinov, Sergei, 1997. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. However, these gains were heavily skewed toward high-income households living in urban districts. Winter, 1983. Allen Head. U Akcigit, H Alp, M Peters. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. Some immigration is low-skilled, some immigration is high-skilled. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Phone (613) 533-2250 Fax (613) 533-6668 Email https . 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. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. 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). 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. Michael Peters Economics Department, Yale University Verified email at . 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. Being from Germany myself, one hears lots of stories about the WW2 expulsion. target no need to return item. 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. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. ", Sergei Severinov & Michael Peters, 2004. Virtual. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . Michael Peters. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 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. I am an Associate Professor in the Economics Department at Yale. ", Michael Peters & Sergei Severinov, 2008. Penn State now offers a two-year program designated only for the M.A. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. firm and location productivity arecomplements and labor market frictions are sufficiently large. A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. . Create your own unique website with customizable templates. Columbia University. Sort by citations Sort by year Sort by title. What motivated you to take on this research question? Sort. . 180 * 2021: Start your day off right, with a Dayspring Coffee Department of Economics. His research mostly focuses on macroeconomics, economic development and growth, and international trade. 37 (2), pages 281-306, November. There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. degree in economics. Michael Peters Economics Department, . Their, This "Cited by" count includes citations to the following articles in Scholar. Speaker(s) Location. And they, luckily, had taken pictures of the old census publications, which I could digitize. 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. . Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. Fabrizio Zilibotti. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. In my research I focus primarily on economic growth and long-run economic development. American Economic Journal . In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. Skip to main content Yale. 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. The emergence of new cities in Rural America played a big part for this transition. 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. Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com Increases in per-capita income, particularly in the long run. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. 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. I think we need more work to understand what happens when the population shrinks. The following articles are merged in Scholar. Like Tweet Share. 6 October, 2021 4:00 pm-6:00 pm. 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 his research he focuses on economic growth and long-run economic development. Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. & Severinov,S., 2001. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 Michael Peters Economics Department, Yale University Verified email at yale.edu. Macroeconomics Development Economics Growth. 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. The first months where very discouraging because so little data seemed to have survived. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. The system can't perform the operation now. 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. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. ". 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? 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 These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. View Michael Peters' profile on LinkedIn, the world's largest professional community. 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. %PDF-1.5 % Virtually all theories of economic growth predict a positive relationship between population size and productivity. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. See all articles by Michael Peters Michael Peters. 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". Powered by Create your own unique website with customizable templates. Conor Walsh. 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. 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. 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 ", Peters, Michael & Severinov, Sergei, 2005. 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. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks.

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