michael peters economics

I think we need more work to understand what happens when the population shrinks. & Severinov,S., 2001. Ufuk Akcigit - Google Scholar . . 2023 National Bureau of Economic Research. 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. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. 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. J Blaum, C Lelarge, M Peters. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. Cited by. Author(s) Michael Peters. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. Box 21345, New . His research mostly focuses on macroeconomics, economic development and growth, and international trade. 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). 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. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. What were the results? Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . 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. Being from Germany myself, one hears lots of stories about the WW2 expulsion. michael peters economics ubc Productive firms thus settle in productive. ", Peters, Michael & Severinov, Sergei, 1997. January 2021 CFP 1710 Author(s) Michael Peters. Start your day off right, with a Dayspring Coffee 6 October, 2021 4:00 pm-6:00 pm. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. ", Michael Peters & Sergei Severinov, 2008. Journal of Urban Economics, Volume 120, July 2022, 103454. Michael Peters - Vice President Corporate Strategy - LinkedIn View Michael Peters' profile on LinkedIn, the world's largest professional community. A Revelation Principle for Competing Mechanisms He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. [PDF] The End of Economic Growth? Unintended Consequences of a 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. Financial Accounting, 11th Edition | Wiley I am an Assistant Professor at the Department of Economics at the University of California, San Diego. hb```f``} cf`ah`.d0 The Geography of Remote Work . (2006). ", Michael Peters & Sergei Severinov, 1995. What are some exciting areas for further research in this area? 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. Conor Walsh - Google Scholar Michael Peters. Fabrizio Zilibotti - Google Scholar At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. U Akcigit, H Alp, M Peters. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. 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. Research. Fabian Eckert - Google Scholar 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. Fabrizio Zilibotti. 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. 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 & Ralph A. 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. And they, luckily, had taken pictures of the old census publications, which I could digitize. American Economic Journal . You can help correct errors and omissions. ", Peters, Michael & Severinov, Sergei, 2003. At the heart of this analysis are West Germany population censuses for the years 1933, 1939, 1950, and 1961. All material on this site has been provided by the respective publishers and authors. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. New Research by Michael Peters on the Economic Consequences of Refugee Michael Peters - Vancouver School of Economics Affiliation: Yale. 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 Macroeconomics Development Economics Growth. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. ", Epstein, Larry G. & Peters, Michael, 1999. 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. 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. Create your own unique website with customizable templates. Winter, 1983. . I started working on growth theory during my PhD at MIT. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. 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. 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. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. PDF MICHAEL PETERS A 2022 - Economics.yale.edu Solutions Manual - Michael Peters Peters,M. Michael Peters & Sergei Severinov, 2008. 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. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. Michael Peters - Google Scholar At a very general level, I am pretty confident that population density leads to higher productivity and there is a large empirical literature in urban economics that provides evidence for this to be the case. Michael Peters Economics Department, . It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The ", Celik, Gorkem & Peters, Michael, 2011. ". I think there are so many related interesting and important questions to work on. 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. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. Michael Porter - Wikipedia Research | montoya.econ.ubc.ca 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. For the case of India, service-led growth was an important driver of risingliving standard. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . 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. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Michael Peters Economics Department, Yale University Verified email at yale.edu. fabian eckert A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. 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. The system can't perform the operation now. Financial Accounting in an Economic Context - Jamie Pratt, Michael F 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 would love to see more quantitative work on the consequences of migration that takes such differences into account. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. 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. 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. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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. Department of Economics. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream Economics Department, Yale University. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. Michael Peters | NBER Publications by author | Yale Department of Economics 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. Ming Xu. This inflow increased the German population by almost 20%. Virtual. Before joining Yale University, he held a position at the London School of Economics. Verified email at yale.edu. What motivated you to take on this research question? Please note that most corrections can take a couple of weeks to filter through the various RePEc services. The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. 37 (2), pages 281-306, November. In his research he focuses on economic growth and long-run economic development. Verified email at columbia.edu - Homepage. Articles Cited by Co-authors. Powered by Create your own unique website with customizable templates. armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com 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 | CEPR In my research I focus primarily on economic growth and long-run economic development. Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . For general information on how to correct material on RePEc, see these instructions. 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. American Economic Review. Research Conor Walsh Macroeconomics Economic Growth Urban Economics. The Gains from Input Trade with Heterogeneous Importers I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. [PDF] A folk theorem for competing mechanisms | Semantic Scholar For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. Columbia University. targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. Their, This "Cited by" count includes citations to the following articles in 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? 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. 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. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. Social Menu. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. All Rights Reserved. Michael Peters ; Michael Peters . A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. ", Celik, Gorkem & Peters, Michael, 2008. 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, Yale - Department of Economics Virtually all theories of economic growth predict a positive relationship between population size and productivity. 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. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. Michael Peters | Yale Department of Economics I am an Associate Professor in the Economics Department at Yale. 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". 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

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