The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). Economics Department, Yale University. 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. 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. ". Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. Productive firms thus settle in productive. 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 In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. 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 1995 This paper explores two models of an economy in which contracts are exchanged. In my research I focus primarily on economic growth and long-run economic development. Peters,M. Entrepreneurship - McGraw Hill Education michael peters economics ubc 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. Author(s) Michael Peters. 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. 180 * 2021: Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. ", Michael Peters & Sergei Severinov, 1995. Ufuk Akcigit - Google Scholar 6 October, 2021 4:00 pm-6:00 pm. Fabrizio Zilibotti - Google Scholar Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . ", Peters, Michael & Severinov, Sergei, 2003. ", Celik, Gorkem & Peters, Michael, 2008. What are the policy implications, if any, of this research? 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. ", Peters, Michael & Szentes, Balazs, 2009. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. Phone (613) 533-2250 Fax (613) 533-6668 Email https . Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. 2 PDF A commitment folk theorem A. Kalai, E. Kalai, E. Lehrer, D. Samet Economics PDF MICHAEL PETERS A 2022 - Economics.yale.edu He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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 The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. I think we need more work to understand what happens when the population shrinks. Publications by author | Yale Department of Economics Title. Fabrizio Zilibotti. Solutions Manual - Michael Peters Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand . Box 21345, New . Michael Peters - Google Scholar To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. What were the results? However, these gains were heavily skewed toward high-income households living in urban districts. ", Michael Peters & Sergei Severinov, 2008. Michael Peters | Cowles Foundation for Research in Economics You can help correct errors and omissions. 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). Michael Peters | Queen's Economics Department View Michael Peters' profile on LinkedIn, the world's largest professional community. I am an Assistant Professor at the Department of Economics at the University of California, San Diego. Fertility rates in most of the developed world have already declined below 2 and we see the same trends in developing countries. 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. 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. Like Tweet Share. American Economic Review. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. 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". 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. 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. ", Michael Peters & Sergei Severinov, 2001. Please note that most corrections can take a couple of weeks to filter through the various RePEc services. degree in economics. Penn State now offers a two-year program designated only for the M.A. The findings echo Acemoglu et al. michael peters economics ubc 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. 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 | NBER Title . 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. Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods . 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. This particular setting is, of course, close to my heart. 37 (2), pages 281-306, November. 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. 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. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. PDF Heterogeneous Markups, Growth, and Endogenous Misallocation 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). Financial Accounting, 11th Edition | Wiley For general information on how to correct material on RePEc, see these instructions. There, details are also given on how to add or correct references and citations. A minor in economics is open to students enrolled in any college. "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. [PDF] Firm Creation and Local Growth | Semantic Scholar Research | montoya.econ.ubc.ca For the case of India, service-led growth was an important driver of risingliving standard. Michael Peters - Contact . Michael Peters | CEPR Conor Walsh - Google Scholar To link different versions of the same work, where versions have a different title, use this form. 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. 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. 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). What motivated you to take on this research question? target no need to return item. A Revelation Principle for Competing Mechanisms endstream endobj startxref 0 %%EOF 43 0 obj <>stream 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. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. Virtual. Social Menu. Department of Economics. With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. 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. 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. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. Articles Cited by Co-authors. I am an Associate Professor in the Economics Department at Yale. 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. 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. [8] First, the German economy had just emerged from the Second World War and firm creation might have been particularly mobile across space. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. ", Epstein, Larry G. & Peters, Michael, 1999. What are some exciting areas for further research in this area? My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. The system can't perform the operation now. Michael Peters Economics Department, Yale University Verified email at yale.edu Teresa Fort Associate Professor, Tuck School of Business at Dartmouth, NBER, CEPR Verified email at tuck.dartmouth.edu Peter K. Schott Juan Trippe Professor of Economics, Yale School of Management & NBER & CEPR Verified email at yale.edu