michael peters economics

Michael Peters - Vancouver School of Economics Michael Peters from Yale will present Spatial Structural Change. A Revelation Principle for Competing Mechanisms Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods 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. guided by a fundamental trade-off: Operating in productive locations increases output per worker, but sharing a labor market with other productive firms makes it hard to poach and retain workers. Skip to main content ", Michael Peters & Sergei Severinov, 2008. 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. Ming Xu. Michael Porter - Wikipedia Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. Financial Accounting in an Economic Context - Jamie Pratt, Michael F 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. ", Michael Peters & Sergei Severinov, 2001. 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. How do local economies respond to large increases to the size of their population? In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. The system can't perform the operation now. There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. 180 * 2021: Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. 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 work allowed him to quantify the effect of the refugee settlement on aggregate income and study how the government policy of sending refugees to the countryside might ignite and maintain rural industrialization. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. What were the results? By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. Solutions Manual - Michael Peters Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . Virtually all theories of economic growth predict a positive relationship between population size and productivity. View Michael Peters' profile on LinkedIn, the world's largest professional community. My research interests are in micro theory, especially the theory of competing mechanisms, and the theory of directed search. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. 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 [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . 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. Ufuk Akcigit - Google Scholar Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. At least three aspects of this study seem particularly context specific. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). Michael Peters ; Michael Peters . Like Tweet Share. Michael Peters Economics Department, Yale University Verified email at yale.edu. It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. Speaker(s) Location. Second, the refugees were allocated to rural areas and not to urban centers. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. Michael Peters, Yale - Department of Economics 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. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. 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 & Szentes, Balazs, 2009. Title. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. Economics Department, Yale University. PDF Heterogeneous Markups, Growth, and Endogenous Misallocation 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. fabian eckert What are some exciting areas for further research in this area? Being from Germany myself, one hears lots of stories about the WW2 expulsion. 2023 National Bureau of Economic Research. Allen Head. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet 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. Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . 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, 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. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. Michael Peters | Yale Department of Economics 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 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 He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. 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". targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. American Economic Review. Market Size and Spatial Growth - Evidence from Germany's Post-War Start your day off right, with a Dayspring Coffee A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. michael peters economics ubc [8] For general information on how to correct material on RePEc, see these instructions. 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 & Severinov, Sergei, 2005. Department of Economics. New Research by Michael Peters on the Economic Consequences of Refugee I think there are so many related interesting and important questions to work on. 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 In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. 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. In his research he focuses on economic growth and long-run economic development. But even within the US there are vast regional differences in the type of migrants that settle in different areas. I would love to see more quantitative work on the consequences of migration that takes such differences into account. Affiliation: Yale. A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. . [PDF] Firm Creation and Local Growth | Semantic Scholar Yale. Fabian Eckert - Google Scholar ". Some immigration is low-skilled, some immigration is high-skilled. . 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. 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. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. 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. 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 | CEPR 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. 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. %PDF-1.5 % armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com 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. My aunt, for example, grew up in the Eastern Territories and had to flee on a horse. American Economic Journal . To what extent these findings have a direct relevance for immigration policy today, is a great question. 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. 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. Peters,M. Michael Peters - Contact Welcome to my website! A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. Powered by Create your own unique website with customizable templates. Michael Peters. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. 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. Fabrizio Zilibotti. Journal of Urban Economics, Volume 120, July 2022, 103454. 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. 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. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . Research | montoya.econ.ubc.ca 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. target no need to return item. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Macroeconomics Development Economics Growth. 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 . Sort. ", Peters, Michael & Severinov, Sergei, 2006. 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. endstream endobj startxref 0 %%EOF 43 0 obj <>stream Professors Peters new paper, published in Econometrica last month, explores a particular historical setting to provide direct evidence for the empirical relevance of these effects. Research - Michael Peters [PDF] The End of Economic Growth? Unintended Consequences of a Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. 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. Increases in per-capita income, particularly in the long run. Social Menu. firm and location productivity arecomplements and labor market frictions are sufficiently large. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. American Economic Review 111 (1), 231-75, 2021. Phone (613) 533-2250 Fax (613) 533-6668 Email https . ", Celik, Gorkem & Peters, Michael, 2008. Entrepreneurship - McGraw Hill Education Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. Follow. Sort by citations Sort by year Sort by title. [PDF] A folk theorem for competing mechanisms | Semantic Scholar

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