Affiliation: Yale. 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. Michael Peters | IDEAS/RePEc 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. Michael Porter - Wikipedia Michael Peters | VoxDev So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. Entrepreneurship - McGraw Hill Education 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. Is the rise of services only due to income effects or can growth be service-led? In my research I focus primarily on economic growth and long-run economic development. Michael Peters | Yale Economic Growth Center At the same time, the historical sources were full of anecdotes, which seemed to point at exactly the mechanism I wanted to explore. ", Michael Peters & Sergei Severinov, 2008. interests: Trade, Economic Geography, and Macroeconomics contact: . New Research by Michael Peters on the Economic Consequences of Refugee Lack of Selection and Limits to Delegation: Firm Dynamics in Developing Countries . ", Celik, Gorkem & Peters, Michael, 2008. 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. ", Peters, Michael & Troncoso-Valverde, Cristin, 2013. The emergence of new cities in Rural America played a big part for this transition. Michael Peters Published 1 October 2021 Economics SSRN Electronic Journal Virtually all theories of economic growth predict a positive relationship between population size and productivity. Michael Peters ; Michael Peters . Michael Peters Economics Department, Yale University Verified email at yale.edu. Business dynamism - namely job reallocation, firm entry and creative destruction - 20 PDF View 7 excerpts, cites results and methods What are some exciting areas for further research in this area? Virtual. 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". 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. Michael Peters. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. ", Peters, Michael & Severinov, Sergei, 2003. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. Michael Peters - Google Scholar Michael Peters Economics Department, Yale University Verified email at . Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. 2023 National Bureau of Economic Research. targets the more productive firms can be beneficial in poor countries while being harmful in countries close to the economic frontier. ", Peters, Michael & Troncoso-Valverde, Cristian, 2010. Powered by Create your own unique website with customizable templates. Fabrizio Zilibotti - Google Scholar He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Michael Peters Economics 1995 This paper explores two models of an economy in which contracts are exchanged. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. 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. Articles Cited by Co-authors. Students are exposed to detailed descriptions of 'how to' embark on a new venture in a logical manner. For the case of India, service-led growth was an important driver of risingliving standard. Solutions Manual - Michael Peters Yale. Macroeconomics Development Economics Growth. 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 Economics SSRN Electronic Journal 2021 Virtually all theories of economic growth predict a positive relationship between population size and productivity. ", Peters, Michael & Severinov, Sergei, 2006. ". Sort by citations Sort by year Sort by title. 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. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. ", Michael Peters & Sergei Severinov, 1995. Winter, 1983. Columbia University. 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. Title . The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. Second, the refugees were allocated to rural areas and not to urban centers. Michael Peters, Conor Walsh Economics SSRN Electronic Journal 2019 A growing body of empirical research highlights substantial changes in the US economy during the last three decades. ", Peters, Michael & Severinov, Sergei, 2005. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. 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. [PDF] A folk theorem for competing mechanisms | Semantic Scholar Research - Michael Peters 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. 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). 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. All Rights Reserved. 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. At least three aspects of this study seem particularly context specific. Peters,M. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. 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. michael peters economics ubc [PDF] Firm Creation and Local Growth | Semantic Scholar To what extent these findings have a direct relevance for immigration policy today, is a great question. ", Celik, Gorkem & Peters, Michael, 2011. Being from Germany myself, one hears lots of stories about the WW2 expulsion. In his research he focuses on economic growth and long-run economic development. Michael Peters, Yale - Department of Economics These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. His research mostly focuses on macroeconomics, economic development and growth, and international trade. 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. Department of Economics. Research Conor Walsh How do local economies respond to large increases to the size of their population? 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. Financial Accounting in an Economic Context - Jamie Pratt, Michael F And they, luckily, had taken pictures of the old census publications, which I could digitize. Phone (613) 533-2250 Fax (613) 533-6668 Email https . To link different versions of the same work, where versions have a different title, use this form. The program provides rigorous training in econometrics and quantitative economics as well as in economic theory.
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