Journal of Urban Economics, Volume 120, July 2022, 103454. 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 What were the results? Michael Peters. The large inflows led to persistent changes in the sectoral composition of the local economy. Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. 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 A Revelation Principle for Competing Mechanisms 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? michael peters economics ubc Solutions Manual - Michael Peters Michael Peters - Vice President Corporate Strategy - LinkedIn ", Peters, Michael & Severinov, Sergei, 1997. Research - Michael Peters His research mostly focuses on macroeconomics, economic development and growth, and international trade. In my research I focus primarily on economic growth and long-run economic development. Michael Peters & Sergei Severinov, 2008. J Blaum, C Lelarge, M Peters. Michael Peters | VoxDev Entrepreneurship - McGraw Hill Education What motivated you to take on this research question? . ", Peters, Michael & Severinov, Sergei, 2005. Columbia University. 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. Start your day off right, with a Dayspring Coffee targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. [PDF] A folk theorem for competing mechanisms | Semantic Scholar . Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. Michael Peters Economics Department, . Winter, 1983. 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, Yale - Department of Economics Conor Walsh. 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. Michael Peters | 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 . PDF Heterogeneous Markups, Growth, and Endogenous Misallocation Michael Peters - Vancouver School of Economics A minor in economics is open to students enrolled in any college. U Akcigit, H Alp, M Peters. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Michael Peters | Queen's Economics Department He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Michael Peters | Yale Economic Growth Center Department of Economics Yale University 28 Hillhouse Avenue New Haven, CT 06511 Tel: (203) 436-8475 " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. This inflow increased the German population by almost 20%. A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. Michael Peters - Contact Welcome to my website! Is the rise of services only due to income effects or can growth be service-led? [PDF] The End of Economic Growth? Unintended Consequences of a Author(s) Michael Peters. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. 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. Fabrizio Zilibotti - Google Scholar Affiliation: Yale. 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 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. 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. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. 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, 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. Box 21345, New . Financial Accounting in an Economic Context - Jamie Pratt, Michael F 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. hb```f``} cf`ah`.d0 The findings echo Acemoglu et al. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Publications by author | Yale Department of Economics For the case of India, service-led growth was an important driver of risingliving standard. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. 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. I think we need more work to understand what happens when the population shrinks. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. The first months where very discouraging because so little data seemed to have survived. This particular setting is, of course, close to my heart. 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 | Yale Department of Economics All Rights Reserved. At least three aspects of this study seem particularly context specific. Macroeconomics Economic Growth Urban Economics. In his research he focuses on economic growth and long-run economic development. Market Size and Spatial Growth - Evidence from Germany's Post-War 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. Cited by. Before joining Yale University, he held a position at the London School of Economics. 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. ", Michael Peters & Sergei Severinov, 2008. There, details are also given on how to add or correct references and citations. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. A research summary and interview look at new work on the economic consequences of a large refugee settlement after World War II. . The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. 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. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . You can help correct errors and omissions. There have been few attempts to provide direct evidence on the causal effect of larger scale on productivity growth and to connect such estimates to structural models. 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. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. Create your own unique website with customizable templates. Peters,M. ", Michael Peters & Ralph A. In his research he focuses on economic growth and long-run economic development. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. michael peters economics ubc firm and location productivity arecomplements and labor market frictions are sufficiently large. Sort by citations Sort by year Sort by title. armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com 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. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. Michael Peters Economics Department, Yale University Verified email at . For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods Fabrizio Zilibotti. 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. fabian eckert However, these gains were heavily skewed toward high-income households living in urban districts. January 2021 CFP 1710 Author(s) Michael Peters. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Title. Creative Destruction, Distance to Frontier, and Economic Development by Michael Peters | IDEAS/RePEc ", Celik, Gorkem & Peters, Michael, 2011. New Research by Michael Peters on the Economic Consequences of Refugee The Gains from Input Trade with Heterogeneous Importers Yale. ", Peters, Michael & Szentes, Balazs, 2009. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. 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 Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. Some immigration is low-skilled, some immigration is high-skilled. "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. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. The emergence of new cities in Rural America played a big part for this transition. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. 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. Title . What are some exciting areas for further research in this area? 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. 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 | 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. 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.