This inflow increased the German population by almost 20%. To link different versions of the same work, where versions have a different title, use this form. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. ", Michael Peters & Sergei Severinov, 2001. 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. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. 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. American Economic Review. . 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream hbbd``b`*@q`$3DY $,> L@)"3` 2 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. Create your own unique website with customizable templates. Cited by. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. 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. Before joining Yale University, he held a position at the London School of Economics. Columbia University. ". 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 Box 21345, New . It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. 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. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. 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. 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. 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. Being from Germany myself, one hears lots of stories about the WW2 expulsion. Sort. armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. This particular setting is, of course, close to my heart. hb```f``} cf`ah`.d0 Author(s) Michael Peters. The Geography of Remote Work . [8] 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. Most demographers expect the global population to decline starting by around 2065. Productive firms thus settle in productive. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. 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, Michael & Severinov, Sergei, 2006. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. 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. Footer Menu. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. Conor Walsh. The large inflows led to persistent changes in the sectoral composition of the local economy. 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. 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. firm and location productivity arecomplements and labor market frictions are sufficiently large. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). Virtual. 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. Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. Penn State now offers a two-year program designated only for the M.A. For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. 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. 6 October, 2021 4:00 pm-6:00 pm. For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. All material on this site has been provided by the respective publishers and authors. There, details are also given on how to add or correct references and citations. 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. January 2021 CFP 1710 Author(s) Michael Peters. Like Tweet Share. Ming Xu. In his research he focuses on economic growth and long-run economic development. 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. 2023 National Bureau of Economic Research. 180 * 2021: 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. ", Celik, Gorkem & Peters, Michael, 2011. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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". Yale Department of Economics. Skip to main content 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. American Economic Journal . 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. What motivated you to take on this research question? Verified email at columbia.edu - Homepage. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods Michael Peters. ", Michael Peters & Sergei Severinov, 1995. interests: Trade, Economic Geography, and Macroeconomics contact: . The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. 37 (2), pages 281-306, November. ", Peters, Michael & Severinov, Sergei, 1997. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . ", Peters, Michael & Severinov, Sergei, 2003. Macroeconomics Development Economics Growth. Try again later. 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. Journal of Urban Economics, Volume 120, July 2022, 103454.
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