Winter, 1983. What motivated you to take on this research question? Fabrizio Zilibotti. There, details are also given on how to add or correct references and citations. 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. My research interests are in micro theory, especially the theory of competing mechanisms, and the theory of directed search. Footer Menu. Follow. [PDF] Firm Creation and Local Growth | Semantic Scholar J Blaum, C Lelarge, M Peters. ", Michael Peters & Ralph A. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically. ", Peters, Michael & Severinov, Sergei, 2006. In many developing countries, structural transformation takes the form of a rapid rise of services with limited industrialization. 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). . 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. The system can't perform the operation now. However, these gains were heavily skewed toward high-income households living in urban districts. Ming Xu. Michael Peters | Yale Economic Growth Center Home People Michael Peters Faculty Associate Professor of Economics Contact P. 203-436-8475 E. m.peters@yale.edu Expertise Development Economics, International Trade, Macroeconomics Website Download C.V. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Solutions Manual - Michael Peters firm and location productivity arecomplements and labor market frictions are sufficiently large. Michael Porter - Wikipedia Queen's University Dunning Hall, Room 209 94 University Avenue Kingston, Ontario K7L 3N6. target no need to return item. Conor Walsh. 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. Verified email at columbia.edu - Homepage. degree in economics. 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. My results are consistent with this literature, even though my analysis takes a long-run view, which is I think more novel. 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. . 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 " Internet auctions with many traders ," Working papers 11, Wisconsin Madison - Social Systems. Verified email at yale.edu. In particular, refugee settlement seemed to have ignited the process of industrialization in agricultural communities. Start your day off right, with a Dayspring Coffee Department of Economics, University of Chicago - Cited by 9,241 - Macroeconomics - Economic Growth - Firm Dynamics - Entrepreneurship - Innovation . Entrepreneurship - McGraw Hill Education I started working on growth theory during my PhD at MIT. As far as immigration is concerned, there is still lots to understand in terms of the importance of the type of skills immigrants bring. ". To what extent these findings have a direct relevance for immigration policy today, is a great question. 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. To update listings or check citations waiting for approval, Michael Peters should log into the RePEc Author Service. We argue this trend has important consequences for creative destruction, product concentration, and firm dynamics. 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 | Yale Economic Growth Center So, at some point around 2010 I started to explore whether one could compile empirical evidence on this episode. Michael Peters is an Associate Professor of Economics at Yale University and a Faculty Research Fellow at the NBER. Michael Peters | CEPR 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, Yale - Department of Economics For example, after refugee settlement, the manufacturing sector expanded and stayed higher many years after refugees arrived. He received his undergraduate degree in Economics at the University of Mannheim and his PhD from MIT. 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. [PDF] Declining Dynamism, Increasing Markups and Missing Growth: The A minor in economics is open to students enrolled in any college. At the heart of this analysis are West Germany population censuses for the years 1933, 1939, 1950, and 1961. 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. , & Michael Peters [NBER WP #26770] peer-reviewed publications: The Return to Big City Experience [04/22] w/ Mads Hejlesen . At least three aspects of this study seem particularly context specific. Conor Walsh - Google Scholar I think we need more work to understand what happens when the population shrinks. 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. This particular setting is, of course, close to my heart. 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 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). 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. To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. Michael Peters | VoxDev Economics Department, Yale University - Cited by 1,053 - Macroeconomics - Development Economics - Growth . hbbd``b`*@q`$3DY $,> L@)"3` 2 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). Ufuk Akcigit - Google Scholar 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. 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 . 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. Peters, Michael and Alp Simsek (2009), Solutions Manual for "Introduction to Modern Economic Growth", Princeton University Press. The Bulletin on Retirement and Disability, Productivity, Innovation, and Entrepreneurship, Boosting Grant Applications from Faculty at MSIs, Conference on Research in Income and Wealth, Early Indicators of Later Work Levels, Disease and Death, Improving Health Outcomes for an Aging Population, Measuring the Clinical and Economic Outcomes Associated with Delivery Systems, Retirement and Disability Research Center, The Roybal Center for Behavior Change in Health, Training Program in Aging and Health Economics, Transportation Economics in the 21st Century. Create your own unique website with customizable templates. Try again later. Economics Department, Yale University. Speaker(s) Location. Allen Head. Box 21345, New . These results provide direct evidence on the link between population growth, industrialization, and subsequent income growth. For the case of Germany, firm sorting acts as an amplifier of spatial inequality and accounts for. I would love to see more quantitative work on the consequences of migration that takes such differences into account. Increases in per-capita income, particularly in the long run. Peters,M. Research Conor Walsh Sort by citations Sort by year Sort by title. 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. Finally, most of the literature focusing on the link between density and productivity focuses on the effects of positive population shocks. 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. Before joining Yale University, he held a position at the London School of Economics. . For the case of India, service-led growth was an important driver of risingliving standard.