michael peters economicsmichael peters economics

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). Virtual. (2006). In his research he focuses on economic growth and long-run economic development. The ensuing expulsion was implemented between 1945 and 1948 and represents one of the largest forced population movements in world history. View Michael Peters' profile on LinkedIn, the world's largest professional community. Michael Peters. Some immigration is low-skilled, some immigration is high-skilled. ", Peters, Michael & Severinov, Sergei, 2003. 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. Research. Business dynamism - namely job reallocation, firm entry and creative destruction - is declining. For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. It was a real pleasure to talk with Mohamed El-Erian and cover a wide range of topics from economic . 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. ", Peters, Michael & Severinov, Sergei, 2006. ", Michael Peters & Ralph A. I am an Associate Professor in the Economics Department at Yale. Penn State now offers a two-year program designated only for the M.A. The link between market size and productivity has always been a central aspect in the field but there was relatively little empirical work. For example, the recent influx of immigrants from Syria to Germany was pre-dominantly directed towards cities. ", Michael Peters & Sergei Severinov, 2008. Macroeconomics Economic Growth Urban Economics. 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. " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. Ming Xu. ", Celik, Gorkem & Peters, Michael, 2011. A minor in economics is open to students enrolled in any college. 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. %PDF-1.5 % Finally, the 1950s and 1960s were characterized by a secular increase in the manufacturing sector. Their, This "Cited by" count includes citations to the following articles in Scholar. Sort by citations Sort by year Sort by title. The department offers a program of mentoring for students who want to pursue graduate education in economics (CARE). . ", Halevy, Yoram & Peters, Michael, 2007. 2038 MICHAEL PETERS products and markup-reducing product churning through creative destruction shape the equilibrium distribution of markups. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. In this paper, I study a particular historical episode to provide direct evidence for the empirical relevance of such scale effects. The following articles are merged in Scholar. 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. Social Menu. 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. The Geography of Remote Work . I am also a research affiliate at the CEPR and a faculty research fellow at the NBER. 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. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account. 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. Michael Peters - Contact Welcome to my website! 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. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. 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 American Economic Review. Winter, 1983. 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. How do local economies respond to large increases to the size of their population? What are the policy implications, if any, of this research? A departmentalhonors programprovides a small group of outstanding students an opportunity for independent research and close contact with faculty and fellow students. 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 . He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. About; Graduate; IDE-MA Program; Undergraduate; Events; Research; Centers; P.O. For general information on how to correct material on RePEc, see these instructions. 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. You can help correct errors and omissions. Being from Germany myself, one hears lots of stories about the WW2 expulsion. Department of Economics. All Rights Reserved. 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. hWR8~}aU)$pnf[=dXdf3 #LZ%HOKqe;sLX"e"a.j0&5uB0tpV p?dc>'53i[C^kq6C_jQylAt;23].8^AQx>nsl?Xge1Wp\g>. 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. target no need to return item. What motivated you to take on this research question? 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 ", Celik, Gorkem & Peters, Michael, 2008. 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 Powered by Create your own unique website with customizable templates. Refugee settlement led to persistent increases in the local population, the share of people working in manufacturing, and income per capita. The program provides rigorous training in econometrics and quantitative economics as well as in economic theory. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. Yale Department of Economics. 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 Economics Department, Yale University Verified email at yale.edu. 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". 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 With leading researchers in economic theory, econometrics, international economics, and macroeconomics, the Economics Department at Penn State is an outstanding department. 37 (2), pages 281-306, November. This inflow increased the German population by almost 20%.
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