Giovanni Peri
Giovanni Peri | |
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Born | Labor economics Urban economics | September 19, 1969
Alma mater | Bocconi University (laurea, 1992; doctorate, 1997) University of California, Berkeley (Ph.D., 1998) |
Doctoral advisor | J. Bradford DeLong |
Awards | IZA Research Fellow since 2011 |
Information at IDEAS / RePEc |
Giovanni Peri (born September 19, 1969 in
Research
Giovanni Peri's research interests focus on
Research on innovation
An early area of Peri's research has been the economics of innovation over time and across space. Together with Laura Bottazzi, he finds only small and very localized innovation spillovers in Europe and estimates that, while doubling R&D spending in a region would raise innovation there by 80-90%, it the effect within a 300 km radius would raise the output of new ideas only by 2-3%.[10] Relatedly, Peri estimates that, on average, only 20% of knowledge in 1975-96 was learned outside the region of origin, and only 9% was learned outside the country of origin, with two notable exceptions: the knowledge in the computer sector and the knowledge generated by technological leaders, both of which flow much farther, especially compared to trade flows.[11] Finally, again with Bottazzi, Peri shows that, in the long run, internationally generated knowledge is an important driver of innovation in a country, with e.g. a 1% positive shock to the log of R&D in the U.S. increasing knowledge creation in other countries by, on average, 0.35% over the next decade.[12]
Research on immigration
By far, Peri's most prolific field has been the economics of international migration, including through its impact on cultural diversity and task specialization. Exploring the causes and effects of international migrations to OECD countries in 1980-2005, Peri and Francesc Ortega find that bilateral migration flows are increasing in the income gap between origin and destination but decrease when destination countries adopt stricter immigration laws.[13] Moreover, they also find that - on average - immigration increases the total GDP of the destination country in the short run one-for-one, without crowding-out of natives or effect on average wages and average income pr person.[14] More recently, in work with Frédéric Docquier and Caglar Ozden, Peri investigated the labour market effects of migration flows in OECD countries during the 1990s, finding a positive effect of immigration on the wages of less educated natives and no effect on average native wages, while emigration decreased the wages of less educated native workers and increased inequality within countries.[15]
Research on immigration to the U.S.
With Gianmarco Ottaviano, Peri investigates the relationship between
Research on immigration in Europe
An early foray into the topic of migration occurred with
Other research
Further significant studies by Peri include research on human capital externalities, the long-run substitutability between more and less educated workers and the link between regional non-adjustment and fiscal policy:
- Comparing pre-Eurozone patterns of regional adjustment in Germany, Italy, the UK, the U.S., and Canada, Peri and Maurice Obstfeld find that - relative to the U.S. - these countries rely more on transfers between regions and less on labour migration and their adjustment seems to be slower, though adjustments in regional real exchange rates are small in all countries; consequently, Peri and Obstfeld argue that EU Member States will be tempted to create a transfer union, to which they propose an alternative involving a relaxed Stability Pact, further restrictions on central EU borrowing, labour market and fiscal reforms, and the issuance of national debts indexed to nominal GDP.[31]
- Estimating the aggregate long-run elasticity of substitution between more educated and less educated workers in the U.S. over 1950-90 by using time- and state-dependent child labour and compulsory schooling laws as instruments, Peri and Antonio Ciccone find it to be around 1.5;[32]
- Using a novel approach to identify the externalities of human capital, Peri and Ciccone find no evidence of significant average-schooling externalities across U.S. cities and states in 1970-90;[33]
References
- ^ "Giovanni Peri CV" (PDF).
- ^ "Giovanni Peri CV". University of California, Davis.
- ^ "Giovanni Peri — People in the Division of Social Sciences at UC Davis". economics.ucdavis.edu. Retrieved 2017-07-16.
- ^ "Giovanni Peri". Ucdavis.edu. Retrieved 2017-07-16.
- ^ Beinart, Peter (July–August 2017). "How the Democrats Lost Their Way on Immigration". The Atlantic. Retrieved 2017-07-16.
- ^ Lowenstein, Roger (2006-07-09). "The Immigration Equation". The New York Times Magazine. Retrieved 2017-07-17.
- ^ Davidson, Adam (2013-02-12). "Do Illegal Immigrants Actually Hurt the U.S. Economy?". The New York Times. Retrieved 2017-07-17.
- ^ Frum, David (2016-01-19). "Does Immigration Depress the Wages of Blue-Collar Workers?". The Atlantic. Retrieved 2017-07-17.
- ^ Giovanni Peri ranks 322nd out of 56171 researchers registered on IDEAS/RePEc. Retrieved June 24th, 2019.
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- S2CID 159257101.
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- S2CID 154634966.
- ^ Peri, G., Sparber, C. (2009). Task specialization, immigration, and wages. American Economic Journal: Applied Economics, 1(3), pp. 135-169.
- JSTOR 42920634.
- ^ Peri, G. (2012). The effect of immigration on productivity: Evidence from US States. Review of Economics and Statistics, 94(1), pp. 348-358.
- ^ Peri, G., Shih, K., Sparber, C. (2015). STEM workers, H-1B visas, and productivity in US cities. Journal of Labor Economics, 33(S1), pp. S225-S255.
- JSTOR 23248186.
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- S2CID 5245205.
- S2CID 153794720.
- JSTOR 1344753.
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External links
- Faculty page
- Personal page at University of California, Davis website
- Giovanni Peri publications indexed by Google Scholar
- "Giovanni Peri". JSTOR.