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UID:20250312T190045EDT-5430TkcK3b@132.216.98.100
DTSTAMP:20250312T230045Z
DESCRIPTION:Michael Peters (Yale University)\n	Host: Markus Poschke\n\nDate:
  February 14\, 2020\n	Location: Leacock 429\n\nWebsite: https://mipeters.we
 ebly.com/\n\n'Market Size and Spatial Growth - Evidence from Germany’s Pos
 t-War Population Expulsions”\n\nAbstract:\n	Can increases in the size of th
 e population raise productivity and spur economic development? This paper 
 uses a particular historical episode to study this question empirically. I
 n the aftermath of the Second World War\, between 1945 and 1948\, about 8m
  Ethnic Germans were expelled from their domiciles in Central and Eastern 
 Europe and transferred to Western Germany. At the time\, this inflow amoun
 ted to almost 20% of the Western German population. Using variation across
  counties I show that the settlement of refugees had a large and persisten
 t effect on the local population\, that it was associated with an increase
  manufacturing employment and that it increased income per capita\, partic
 ularly in the long-run. I then show that these findings are quantitatively
  consistent with an idea-based theory of spatial growth\, which implies th
 at a shock to the local population can have persistent and protracted effe
 cts on local productively if labor mobility is limited. When calibrated to
  the reduced form regression estimates\, the model implies that the inflow
  of refugees increased aggregate income per capita by about 25% after 25 y
 ears.\n
DTSTART:20200214T203000Z
DTEND:20200214T220000Z
LOCATION:Leacock 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 85
 5 rue Sherbrooke Ouest
SUMMARY:Michael Peters (Yale University)\, 'Market Size and Spatial Growth 
 - Evidence from Germany’s Post-War Population Expulsions”
URL:/economics/channels/event/michael-peters-yale-univ
 ersity-market-size-and-spatial-growth-evidence-germanys-post-war-populatio
 n-301091
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