Footer Menu. Financial Accounting, 11th Edition | Wiley Entrepreneurship - McGraw Hill Education Michael Peters - Vice President Corporate Strategy - LinkedIn 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. 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. Create your own unique website with customizable templates. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . (2006). 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. 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 PDF Heterogeneous Markups, Growth, and Endogenous Misallocation 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. A Revelation Principle for Competing Mechanisms 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics %PDF-1.5 % 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. Their, This "Cited by" count includes citations to the following articles in Scholar. 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. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. 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). Verified email at columbia.edu - Homepage. For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. 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. Try again later. 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, 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 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. Box 21345, New . [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The target no need to return item. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. In his research he focuses on economic growth and long-run economic development. 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 Michael Peters | IDEAS/RePEc I am an Assistant Professor at the Department of Economics at the University of California, San Diego. 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. firm and location productivity arecomplements and labor market frictions are sufficiently large. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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. Increases in per-capita income, particularly in the long run. 37 (2), pages 281-306, November. 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. interests: Trade, Economic Geography, and Macroeconomics contact: . Michael Peters - Vancouver School of Economics Michael Peters ; Michael Peters . What are some exciting areas for further research in this area? This inflow increased the German population by almost 20%. The large inflows led to persistent changes in the sectoral composition of the local economy. 180 * 2021: ", Celik, Gorkem & Peters, Michael, 2011. 2023 National Bureau of Economic Research. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. 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. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. Macroeconomics Development Economics Growth. ". 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. Fabrizio Zilibotti. ", Celik, Gorkem & Peters, Michael, 2008. Yale Department of Economics. 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. Journal of Urban Economics, Volume 120, July 2022, 103454. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. Department of Economics. All Rights Reserved. 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. Fabrizio Zilibotti - Google Scholar Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. See all articles by Michael Peters Michael Peters. . To what extent these findings have a direct relevance for immigration policy today, is a great question. degree in economics. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream Creative Destruction, Distance to Frontier, and Economic Development by [8] Penn State now offers a two-year program designated only for the M.A. However, these gains were heavily skewed toward high-income households living in urban districts. Michael Peters, Yale - Department of Economics Research Conor Walsh His research mostly focuses on macroeconomics, economic development and growth, and international trade. 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. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. Powered by Create your own unique website with customizable templates. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department.
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