What are the policy implications, if any, of this research? There, details are also given on how to add or correct references and citations. Macroeconomics Economic Growth Urban Economics. 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. ", Peters, Michael & Severinov, Sergei, 2006. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. Michael Peters Economics Department, Yale University Verified email at yale.edu. In his research he focuses on economic growth and long-run economic development. Michael Peters - 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. I think there are so many related interesting and important questions to work on. J Blaum, C Lelarge, M Peters. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. ", Peters, Michael & Severinov, Sergei, 1997. My aunt, for example, grew up in the Eastern Territories and had to flee on a horse. 180 * 2021: Allen Head. Research - Michael Peters He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Fabian Eckert - Google Scholar Research. 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. Box 21345, New . Virtual. For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. 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. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. (2006). Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. interests: Trade, Economic Geography, and Macroeconomics contact: . Michael Peters. . Social Menu. Being from Germany myself, one hears lots of stories about the WW2 expulsion. ", Peters, Michael & Severinov, Sergei, 2005. 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. A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. Their, This "Cited by" count includes citations to the following articles in Scholar. 6 October, 2021 4:00 pm-6:00 pm. 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. To link different versions of the same work, where versions have a different title, use this form. The large inflows led to persistent changes in the sectoral composition of the local economy. Verified email at columbia.edu - Homepage. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Yale Department of Economics. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. 37 (2), pages 281-306, November. ", Halevy, Yoram & Peters, Michael, 2007. Michael Peters - Contact Michael Peters Vancouver School of Economics University of British Columbia 600 Iona Drive Vancouver, Canada V6T 1L4 604-822-4418 peters econ ubc ca. Michael Peters Economics Department, . Ufuk Akcigit - Google Scholar Is the rise of services only due to income effects or can growth be service-led? Michael Peters | VoxDev 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. Solutions Manual - Michael Peters Michael Peters | IDEAS/RePEc The Gains from Input Trade with Heterogeneous Importers All material on this site has been provided by the respective publishers and authors. 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. Speaker(s) Location. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . 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. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. Create your own unique website with customizable templates. Macroeconomics Development Economics Growth. January 2021 CFP 1710 Author(s) Michael Peters. By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. 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 | 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. 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. 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 Michael Peters | NBER Economics Department, Yale University. 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 " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. Follow. fabian eckert Yale University - Department of Economics; Yale University - Cowles Foundation. [PDF] Firm Creation and Local Growth | Semantic Scholar 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 I started working on growth theory during my PhD at MIT. armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com 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. degree in economics. ", Michael Peters & Ralph A. [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. Michael Peters | Cowles Foundation for Research in Economics 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. Department of Economics. I think we need more work to understand what happens when the population shrinks. 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. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. 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, 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. %PDF-1.5 % "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. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . In his research he focuses on economic growth and long-run economic development. This particular setting is, of course, close to my heart. 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. Columbia University. 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. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. Footer Menu. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics Skip to main content See all articles by Michael Peters Michael Peters. And they, luckily, had taken pictures of the old census publications, which I could digitize. For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. Title . Michael Peters, Yale - Department of Economics 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. 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.
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