Michael Porter - Wikipedia Productive firms thus settle in productive. Michael Peters | NBER 0q$D~;4} AF@D m endstream endobj 20 0 obj <> endobj 21 0 obj <> endobj 22 0 obj <>stream I am an Assistant Professor at the Department of Economics at the University of California, San Diego. To link different versions of the same work, where versions have a different title, use this form. 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. . 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. ", Epstein, Larry G. & Peters, Michael, 1999. 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. Research. ", Sergei Severinov & Michael Peters, 2004. 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 Fabian Eckert - Google Scholar It is ideal for those who pursue high level professional careers in industry and government, or further study for the Ph.D. degree. Box 21345, New . Affiliation: Yale. ", Michael Peters & Sergei Severinov, 2008. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. [8] To what extent these findings have a direct relevance for immigration policy today, is a great question. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. Financial Accounting in an Economic Context - Jamie Pratt, Michael F Population Growth and Firm-Product Dynamics (with Michael Peters) Population growth has declined markedly in almost all major economies. 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. Entrepreneurship - McGraw Hill Education ", Peters, Michael & Severinov, Sergei, 1997. 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. ". 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. The Geography of Remote 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. I am an Associate Professor in the Economics Department at Yale. 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 Powered by Create your own unique website with customizable templates. And they, luckily, had taken pictures of the old census publications, which I could digitize. 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. ", Celik, Gorkem & Peters, Michael, 2008. How do local economies respond to large increases to the size of their population? Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. Journal of Urban Economics, Volume 120, July 2022, 103454. Financial Accounting, 11th Edition | Wiley (2006). This inflow increased the German population by almost 20%. What are the policy implications, if any, of this research? Articles Cited by Co-authors. 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 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 & Ralph A. PDF Heterogeneous Markups, Growth, and Endogenous Misallocation Publications by author | Yale Department of Economics By 1950, about 8 million people had been transferred to West Germany, increasing its population by more than 20 percent. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. . 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. 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. 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. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. 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 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. A bachelor of arts (ECLBA) or a bachelor of science degree (ECLBS) in economics. All material on this site has been provided by the respective publishers and authors. hb```f``} cf`ah`.d0 ", Celik, Gorkem & Peters, Michael, 2011. 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. & Severinov,S., 2001. Economics Department, Yale University. American Economic Review. Market Size and Spatial Growth - Evidence from Germany's Post-War What motivated you to take on this research question? I think there are so many related interesting and important questions to work on. 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. Penn State now offers a two-year program designated only for the M.A. Ming Xu. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. At least three aspects of this study seem particularly context specific. CAPCP Center for the Study of Auctions, Procurements, and Competition Policy, CRIFES Center for Research on International Financial and Energy Security. 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. Increases in per-capita income, particularly in the long run. Michael Peters - Vice President Corporate Strategy - LinkedIn 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). " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. "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. January 2021 CFP 1710 Author(s) Michael Peters. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. 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. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. All Rights Reserved. His research mostly focuses on macroeconomics, economic development and growth, and international trade. Ufuk Akcigit - Google Scholar Cited by. Tuntex Professor of International and Development Economics, Yale University - Cited by 19,147 - Macroeconomic Development - Economic Growth and Development - China's Economic Development - Family Economics - Macroeconomics . The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. 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. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. Michael Peters Economics Department, Yale University Verified email at . Author(s) Michael Peters. Michael Peters | CEPR 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. This is in stark contrast to most episodes of voluntary migration, both in the modern era and in the past. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. 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 Economics 1995 This paper explores two models of an economy in which contracts are exchanged. 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. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item.
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