Title . 6 October, 2021 4:00 pm-6:00 pm. You can help correct errors and omissions. My parents grew up in the West, but remember that they had to share their apartment with refugees from the East in the immediate war periods because housing was so scarce. Cited by. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. Peters,M. Phone (613) 533-2250 Fax (613) 533-6668 Email https . 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. 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 The large inflows led to persistent changes in the sectoral composition of the local economy. 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. Conor Walsh. 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. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. To what extent these findings have a direct relevance for immigration policy today, is a great question. Author(s) Michael Peters. Journal of Urban Economics, Volume 120, July 2022, 103454. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. What were the results? Try again later. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . I am an Associate Professor in the Economics Department at Yale. Most demographers expect the global population to decline starting by around 2065. 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. Michael Peters Economics Department, . His research mostly focuses on macroeconomics, economic development and growth, and international trade. Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 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 Yale. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. 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. Create your own unique website with customizable templates. 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! endstream endobj startxref 0 %%EOF 43 0 obj <>stream 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. 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. Verified email at columbia.edu - Homepage. 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. [PDF] A folk theorem for competing mechanisms | Semantic Scholar For the case of India, service-led growth was an important driver of risingliving standard. Allen Head. 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. I started working on growth theory during my PhD at MIT. [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The Yale Department of Economics. 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 This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. Ming Xu. Fabian Eckert - Google Scholar Before joining Yale University, he held a position at the London School of Economics. Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. Michael Peters from Yale will present Spatial Structural Change. Being from Germany myself, one hears lots of stories about the WW2 expulsion. 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). 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 . There, details are also given on how to add or correct references and citations. 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. Research. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. Columbia University. To link different versions of the same work, where versions have a different title, use this form. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. 2023 National Bureau of Economic Research. The system can't perform the operation now. The following articles are merged in Scholar. The Gains from Input Trade with Heterogeneous Importers In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Michael Peters | Yale Economic Growth Center 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). Ufuk Akcigit - Google Scholar 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? ", Peters, Michael & Severinov, Sergei, 1997. %PDF-1.5 % Michael Peters. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics Economics Department, Yale University. 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. Productive firms thus settle in productive. 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. Yale University - Department of Economics; Yale University - Cowles Foundation. ", Peters, Michael & Severinov, Sergei, 2003. Powered by Create your own unique website with customizable templates. In his research he focuses on economic growth and long-run economic development. A minor in economics is open to students enrolled in any college. My aunt, for example, grew up in the Eastern Territories and had to flee on a horse. ", Peters, Michael & Szentes, Balazs, 2009. 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. January 2021 CFP 1710 Author(s) Michael Peters. What are some exciting areas for further research in this area? ". Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. Michael Peters ; Michael Peters . We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. 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 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 Research - Michael Peters This particular setting is, of course, close to my heart. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. 37 (2), pages 281-306, November. [PDF] The End of Economic Growth? Unintended Consequences of a Entrepreneurship - McGraw Hill Education 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. Research | montoya.econ.ubc.ca Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. I think we need more work to understand what happens when the population shrinks. The emergence of new cities in Rural America played a big part for this transition. Michael Peters | IDEAS/RePEc target no need to return item. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. Michael Peters | NBER Sort by citations Sort by year Sort by title. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . Skip to main content Financial Accounting in an Economic Context - Jamie Pratt, Michael F 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. Follow. Verified email at yale.edu. Sort. ", Michael Peters & Sergei Severinov, 2008. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . Articles Cited by Co-authors. This inflow increased the German population by almost 20%. 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. Please note that most corrections can take a couple of weeks to filter through the various RePEc services.
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