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. What motivated you to take on this research question?
michael peters economics ubc 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. My parents grew up in the West, but remember that they had to share their apartment with refugees from the East in the immediate war periods because housing was so scarce. 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. Like Tweet Share. Office Address 87 Trumbull Street, Room B221 CV Website 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). ", Sergei Severinov & Michael Peters, 2004.
Michael Peters | Cowles Foundation for Research in Economics I am an Assistant Professor at the Department of Economics at the University of California, San Diego. 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? 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. Yale. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand .
Michael Peters | Yale Department of Economics armed forces vacation club for veterans 082 825 4557; welsh keith brymer jones wife zapperstore.xyz@gmail.com
fabian eckert The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. ", Michael Peters & Ralph A. ", Halevy, Yoram & Peters, Michael, 2007. Fertility rates in most of the developed world have already declined below 2 and we see the same trends in developing countries. I think there are so many related interesting and important questions to work on. 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. ", Celik, Gorkem & Peters, Michael, 2008. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. Follow. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. Cited by. .
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. 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. Affiliation: Yale. In his research he focuses on economic growth and long-run economic development. For general information on how to correct material on RePEc, see these instructions. Michael Peters Economics Department, . American Economic Review. Michael Peters Economics Department, Yale University Verified email at . My aunt, for example, grew up in the Eastern Territories and had to flee on a horse.
Financial Accounting in an Economic Context - Jamie Pratt, Michael F ", Epstein, Larry G. & Peters, Michael, 1999. His research mostly focuses on macroeconomics, economic development and growth, and international trade. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item.
Michael Peters - Vice President Corporate Strategy - LinkedIn Michael Peters | Queen's Economics Department Some immigration is low-skilled, some immigration is high-skilled. You can help correct errors and omissions.
Research - Michael Peters Title. 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). Department of Economics. But even within the US there are vast regional differences in the type of migrants that settle in different areas. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history.
Michael Peters - Contact 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. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. 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. 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. "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. However, these gains were heavily skewed toward high-income households living in urban districts. 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 target no need to return item. Allen Head. Michael Peters & Sergei Severinov, 2008. 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.
Solutions Manual - Michael Peters My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. Michael Peters ; Michael Peters . What are some exciting areas for further research in this area? Michael Peters - Contact Welcome to my website! At the heart of this analysis are West Germany population censuses for the years 1933, 1939, 1950, and 1961.
American Economic Journal . There, details are also given on how to add or correct references and citations. 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. In his research he focuses on economic growth and long-run economic development.
[PDF] The End of Economic Growth? Unintended Consequences of a Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. My research interests are in micro theory, especially the theory of competing mechanisms, and the theory of directed search. ", Peters, Michael & Severinov, Sergei, 1997.
Michael Peters | Yale Economic Growth Center Their, This "Cited by" count includes citations to the following articles in Scholar. Verified email at columbia.edu - Homepage. J Blaum, C Lelarge, M Peters. " An ascending double auction ," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. Virtually all theories of economic growth predict a positive relationship between population size and productivity. For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. A minor in economics is open to students enrolled in any college. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. The emergence of new cities in Rural America played a big part for this transition.
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, Yale - Department of Economics His research mostly focuses on macroeconomics, economic development and growth, and international trade. Sort by citations Sort by year Sort by title. 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. 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.
Financial Accounting, 11th Edition | Wiley It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. 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.
Creative Destruction, Distance to Frontier, and Economic Development by Understanding better what the likely economic effects of this unprecedented change are going to be seems very important to me. Skip to main content 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. Title . Conor Walsh. Productive firms thus settle in productive. [8] Start your day off right, with a Dayspring Coffee And they, luckily, had taken pictures of the old census publications, which I could digitize. All Rights Reserved. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010.
Research | montoya.econ.ubc.ca Footer Menu. It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. 180 * 2021:
Michael Peters - Vancouver School of Economics 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
. degree in economics. 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. I started working on growth theory during my PhD at MIT. Using variation across counties, I show that the settlement of refugees had large and persistent effects on the size of the local popula- tion, manufacturing employment, and income per capita. Michael Peters Economics Department, Yale University Verified email at yale.edu.
[PDF] A folk theorem for competing mechanisms | Semantic Scholar For the case of India, service-led growth was an important driver of risingliving standard. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. firm and location productivity arecomplements and labor market frictions are sufficiently large. The findings echo Acemoglu et al. Social Menu. Michael Peters Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. Macroeconomics Economic Growth Urban Economics. %PDF-1.5
%
These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. Economics Department, Yale University. Ming Xu. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. Penn State now offers a two-year program designated only for the M.A. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. Is the rise of services only due to income effects or can growth be service-led? New research by Yale Economist Michael Peters suggests that a large refugee settlement after World War II had three important consequences: 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
[PDF] Declining Dynamism, Increasing Markups and Missing Growth: The The following articles are merged in Scholar. The Geography of Remote Work . What are the policy implications, if any, of this research? Second, the refugees were allocated to rural areas and not to urban centers. ", Peters, Michael & Szentes, Balazs, 2009. I am an Associate Professor in the Economics Department at Yale. interests: Trade, Economic Geography, and Macroeconomics contact: . So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. New research by Yale Economist Michael Peters, new paper, published in Econometrica last month, New Research by Michael Peters on the Economic Consequences of Refugee Settlements. 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 The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). Peters,M. 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. Journal of Urban Economics, Volume 120, July 2022, 103454. Powered by Create your own unique website with customizable templates. 6 October, 2021 4:00 pm-6:00 pm. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. 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. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. 37 (2), pages 281-306, November. 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. How do local economies respond to large increases to the size of their population?
PDF MICHAEL PETERS A 2022 - Economics.yale.edu See all articles by Michael Peters Michael Peters. Verified email at yale.edu. Michael Peters from Yale will present Spatial Structural Change. 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. 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.
Michael Peters | IDEAS/RePEc 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. 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. ", Michael Peters & Sergei Severinov, 2008. Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . The persistent long-term effects of the refugee settlement imply that the government policy of settling refugees in rural labor markets might have changed the long-term path of local industrialization in West Germany. 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 Growth - Evidence from Germany's Post-War 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.
The Gains from Input Trade with Heterogeneous Importers In my research I focus primarily on economic growth and long-run economic development. Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. Sprouting Cities: How Rural America Industrialized, MarketSize and Spatial Growth -Evidence from Germany's Post-WarPopulation Expulsions, Heterogeneous Markups, Growth and Endogenous Misallocation, Firm Size, Quality Bias and Import Demand, The Gains From Input Trade with Heterogeneous Importers, Creative Destruction, Distance to Frontier, andEconomic Development, Growing Like India: The Unequal Effects of Service-Led Growth, Population Growth andFirm-Product Dynamics.
Michael Peters - Google Scholar Ufuk Akcigit - Google Scholar Yale University - Department of Economics; Yale University - Cowles Foundation. Michael Peters. The large inflows led to persistent changes in the sectoral composition of the local economy. hb```f``} cf`ah`.d0 The system can't perform the operation now. 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.
Being from Germany myself, one hears lots of stories about the WW2 expulsion. Virtual. Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. American Economic Review 111 (1), 231-75, 2021. To what extent these findings have a direct relevance for immigration policy today, is a great question.
[PDF] Firm Creation and Local Growth | Semantic Scholar
Merrylands Electorate,
Articles M