Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . His research mostly focuses on macroeconomics, economic development and growth, and international trade. Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . The Gains from Input Trade with Heterogeneous Importers michael peters economics ubc Footer Menu. Macroeconomics Development Economics Growth. Journal of Urban Economics, Volume 120, July 2022, 103454. hb```f``} cf`ah`.d0 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. These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. A minor in economics is open to students enrolled in any college. 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. 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. At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. What are some exciting areas for further research in this area? Michael Porter is the author of 20 books and numerous articles including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition. 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. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. 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. The findings echo Acemoglu et al. 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. The Geography of Remote Work . Powered by Create your own unique website with customizable templates. ", Celik, Gorkem & Peters, Michael, 2008. Research - Michael Peters 180 * 2021: 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 The large inflows led to persistent changes in the sectoral composition of the local economy. Michael Peters & Sergei Severinov, 2008. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream Yale. Peters,M. Try again later. This inflow increased the German population by almost 20%. Title. So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. Entrepreneurship - McGraw Hill Education Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . J Blaum, C Lelarge, M Peters. Allen Head. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. Negotiation and Take it or Leave it in Common Agency Journal of Economic Theory July 2003, Volume 111, Issue 1, Pages 88-109. . Market Size and Spatial GrowthEvidence From Germany's Post-War Population Expulsions, Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries, The Gains from Input Trade with Heterogeneous Importers, American Economic Journal: Macroeconomics, Heterogeneous Markups, Growth, and Endogenous Misallocation, Cowles Foundation for Research in Economics, Yale Federal Statistical Research Data Center. 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. Ming Xu. Speaker(s) Location. 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. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. To what extent these findings have a direct relevance for immigration policy today, is a great question. Conor Walsh - Google Scholar 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. 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. There are two different undergraduate degrees in the College of the Liberal Arts that a student may earn in economics at Penn State. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Title . 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. 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. What motivated you to take on this research question? . 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. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. Start your day off right, with a Dayspring Coffee My research interests are in micro theory, especially the theory of competing mechanisms, and the theory of directed search. 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. 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. 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 - Vancouver School 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. And they, luckily, had taken pictures of the old census publications, which I could digitize. Michael Peters Economics Department, . . 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. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. ". A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. Some immigration is low-skilled, some immigration is high-skilled. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. New Research by Michael Peters on the Economic Consequences of Refugee
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