1 CURRICULUM VITAE LUIGI BONATTI OFFICE ADDRESS: Dipartimento di Economia - Università di Trento Via Inama TRENTO (Italy) (phone); (fax) ( ) DATE OF BIRTH: 9 August 1957 CITIZENSHIP: Italian CURRENT POSITIONS: Professor of Economics, University of Trento (2006-Present) PREVIOUS POSITIONS: EDUCATION: Coordinator of the Ph.D program in International Studies, University of Trento ( ) Professor of Economics, University of Bergamo ( ) Associate Professor of Economics, University of Trento ( ) Ricercatore (Assistant Professor) of Economics, University of Trento ( ) Ph.D. in Economics, Columbia University, 1992 [Ph.D. thesis: Three essays on the dynamics of a capitalist economy with insiders and outsiders ; thesis supervisor: Prof. Edmund S. Phelps]. M.Phil. in Economics, Columbia University, M.A. in Economics, Columbia University, Diploma in Philosophy, Scuola di Perfezionamento (School of Specialization), University of Pavia, Summa cum laude, 1982 [Specialization thesis: Il pensiero dell incerto ( Concepts of uncertainty ); thesis supervisor: Prof. Fulvio Papi]. Diploma, Scuola Normale Superiore, Class of Humanities, Laurea (BA) in Philosophy, University of Pisa, Summa cum laude, 1980 [BA thesis: Razionalità e Capitalismo ( Rationality and Capitalism ); thesis supervisor: Prof. Remo Bodei]. Maturità classica (School-Leaving Exam), Liceo-Ginnasio T. Mamiani (Rome), 60/60, 1976.
2 RESEARCH INTERESTS: Growth theory, Macroeconomics and International Economics, Welfare Economics and Public Choice, Rationality and Expectations. HONORS, SCHOLARSHIPS AND FELLOWSHIPS: Visiting scholar at the Institute of Governmental Studies, University of California Berkeley, Summer 2008 and Spring Fellow-in-Residence at the Italian Academy for Advanced Studies in America at Columbia University, Ezio Tarantelli Award for the best paper of the year 1996, AIEL (Italian Association of Labor Economists), NATO-CNR advanced fellowship (with a final award for the results achieved), 1986 and Scholarship of the Banco di Sicilia for graduate studies at Columbia University, 1984 and Scholarship of the Scuola Normale Superiore for graduate studies at the Ruhr-Universität of Bochum (Germany), Scholarship of the Scuola Normale Superiore for thesis research at the Max-Weber Archiv of Munich (Germany), Spring Winner of the national competition for admission to the Scuola Normale Superiore, TEACHING EXPERIENCE: International Macro & Economic policy & Finance, School of International Studies, Master program in European and International Studies, University of Trento (Italy), International Economics, BA program in Economics, University of Trento (Italy), Open Macroeconomics, Ph.D. program in Economics, University of Trento (Italy), Microeconomics, Master of Arts in Diplomacy and International Affairs, Azerbaijan Diplomatic Academy (Azerbaijan), Open-Economy Macroeconomics, Ph.D. program in Economics & International Studies, University of Trento (Italy), Economic Policy and Advanced Economic Policy, BA and Master program in Economics, University of Trento (Italy) and University of Bergamo (Italy),
3 Political Economy, BA program in Economics, University of Bergamo (Italy), Economics of Nonprofit and Economics of the Cooperative Sector, Specialization course in economics and management of nonprofit organizations and BA program in Economics, University of Bergamo (Italy), Labor Economics, BA program in Economics, University of Bergamo (Italy), Microeconomics, BA program in Economics, University of Trento (Italy), Environmental Economics, BA program in Environmental Sciences, University of Milan (Italy), RECENT PUBLICATIONS: Articles in refereed journals [with S. Comino] The inefficiency of patents when R&D projects are imperfectly correlated and imitation takes time", Journal of Institutional and Theoretical Economics, 167 (2011), [with A. Fracasso] Global Rebalancing and the Future of the Sino-US Codependency", China & World Economy 18 (2010), [with G. Felice] Trade and growth in a two-country model with home production and uneven technological spillovers, Manchester School 78 (2010), Evolution of preferences and cross-country differences in time devoted to market work, Labour Economics, 15 (2008), [with S. Bartolini] Endogenous growth, decline in social capital and expansion of market activities, Journal of Economic Behavior and Organization, 67 (2008), [with A. Cristini] Breaking the Stability Pact: Was it predictable?, Journal of Policy Modeling, 30 (2008), Cultural relativism and ideological policy makers in a general equilibrium model with for-profit and non-profit enterprises, Research in Economics, 62 (2008), 1-15.
4 [with G. Felice] Endogenous growth and changing sectoral composition in advanced economies, Structural Change and Economic Dynamics, 19 (2008), The interaction between the central bank and a single monopoly union revisited: Does greater uncertainty about monetary policy reduce nominal wages?, Economic Notes, 36 (2008), No. 3, [with S. Bartolini] The role of social capital in enhancing factor productivity: Does its erosion depress per capita GDP?, Journal of Socio-Economics, 37 (2008), Resolving indeterminacy in coordination games: a new approach applied to a pay-as-you-go pension scheme, Journal of Economics, 91 (2007): Fiscal transfers and distributive conflict in a simple endogenous growth model with unemployment, German Economic Review, 8 (2007): Unbalanced growth and the sustainability of the current account deficit, Review of International Economics, 14 (2006): [with S. Bartolini] The mobilization of human resources as an effect of the depletion of environmental and social assets, Metroeconomica, 57 (2006): Growth and employment differentials under alternative wage-setting institutions and integrated capital markets, Journal of Macroeconomics, 27 (2005): Interregional income redistribution and convergence in a model with perfect capital mobility and unionized labor markets, International Tax and Public Finance, 12 (2005): [with C. Borzaga and L. Mittone] Profit versus non-profit firms in the service sector: an analysis of the employment and welfare implications, Rivista di Politica Economica, 95, (maggio-giugno 2005): [with L. Beltrametti] Does international coordination of pension policies boost capital accumulation?, Journal of Public Economics, 88 (2004):
5 [with S. Bartolini]: Endogenous growth and negative externalities, Journal of Economics, 79 (2003): [with S. Bartolini]: Undesirable growth in a model with capital accumulation and environmental assets, Environment and Development Economics, 8 (2003): Volatility, stabilization and union wage setting: the effects of monetary policy on the natural unemployment rate, Economic Notes, 31 (2002): The effects of wage compression on unemployment and on the intersectoral distribution of employment: a dynamic model, Economic Systems, 26 (2002): [with S. Bartolini]: Environmental and social degradation as the engine of economic growth, Ecological Economics, 43 (2002): Comments and reviews Review of the volume: Knowledge, Information, and Expectations in Modern Macroeconomics: In Honour of Edmund S. Phelps, by P. Aghion, R. Frydman, J. Stiglitz and M. Woodford (Eds.), in Rivista di Politica Economica, 95, maggio-giugno 2005: Comment to Scarsità, benessere, libertà nel contesto dell economia dell identità di P.L. Sacco and M. Viviani, in Istituzioni e Sviluppo Economico,1 (2003), No. 3: Book chapters [with S. Bartolini] Social Assets, Technical Progress and Long-Run Welfare, in G. Degli Antoni and L. Sacconi (eds.), Social Capital, Corporate Social Responsibility, Economic Behavior and Performance, Basingstoke: Palgrave MacMillan, 2011, [with A. Fracasso] "The Future of the Sino-American Co-Dependency" in L. Paganetto (Ed.), Global Crisis and Long Term Growth: A New Capitalism Ahead?, Roma: McGraw-Hill, 2010, [with C. Borzaga and L. Mittone] Cosa cambia quando a produrre servizi sono delle imprese non profit invece che for profit? Un analisi dinamica degli effetti sull occupazione e sul benessere
6 in M. Schenkel and M. Mellano (Eds.), Le imprese del terzo tipo: economia e etica delle organizzazioni non profit, Torino: Giappichelli, 2004, Working papers [with A. Fracasso] "Chinese reserves accumulation and US monetary policy: Will China go on buying US financial assets?", Dipartimento di Economia Università di Trento, Discussion Paper No. 5, [with K. Haiduk] Dualism and growth in transition economies: a two-sector model with efficient and subsidized enterprises, Dipartimento di Economia Università di Trento, Discussion Paper No. 15, [with A. Fracasso] "The China-US Co-Dependency and the Elusive Costs of Growth Rebalancing", Dipartimento di Economia Università di Trento, Discussion Paper No. 4, [with E. Campiglio] Mobility systems and the quality of growth: a theoretical analysis of the long -term effects of alternative transportation policies, Dipartimento di Economia Università di Trento, Discussion Paper No. 7, [with A. Fracasso] The evolution of the Sino-American co-dependency: modeling a regime switch in a growth setting, Dipartimento di Economia Università di Trento, Discussion Paper No.5, Optimal public policy and endogenous preferences: An application to an economy with for-profit and non-profit enterprises, Dipartimento di Economia Università di Trento, Discussion Paper No. 13, Home production, labor taxation and trade account, Dipartimento di Economia Università di Trento, Discussion Paper No. 15, Complementary research strategies, first-mover advantage and the inefficiency of patents, Dipartimento di Economia Università di Trento, Discussion Paper No. 17, 2007.
7 [with S. Bartolini] Does Technical Progress Increase Long-Run Welfare? Università di Siena: Quaderni del Dipartimento di Economia Politica, No. 435, Soft growth and the role of monetary policy in selecting the long-run equilibrium path, Università di Bergamo: Quaderni del Dipartimento di Scienze Economiche No. 6, 2003.