CURRICULUM VITAE
LUIGI BONATTI
OFFICE ADDRESS:
Dipartimento di Economia - Università di Trento
Via Inama 5 - 38100 TRENTO (Italy)
+39 0461 282232 (phone);+39 0461 282222 (fax)
[email protected] (e-mail)
DATE OF BIRTH:
9 August 1957
CITIZENSHIP:
Italian
CURRENT POSITIONS: Professor of Economics, University of Trento (2006-Present)
PREVIOUS POSITIONS:
Coordinator of the Ph.D program in International Studies, University of Trento (2007-2009)
Professor of Economics, University of Bergamo (2002-2006)
Associate Professor of Economics, University of Trento (1998-2002)
“Ricercatore” (Assistant Professor) of Economics, University of Trento (1994-1998)
EDUCATION:
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, 1988.
M.A. in Economics, Columbia University, 1987.
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, 1980.
“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.
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 2012.
Fellow-in-Residence at the Italian Academy for Advanced Studies in America at Columbia
University, 1999-2000.
“Ezio Tarantelli Award” for the best paper of the year 1996, AIEL (Italian Association of Labor
Economists), 1997.
NATO-CNR advanced fellowship (with a final award for the results achieved), 1986 and 1987.
Scholarship of the Banco di Sicilia for graduate studies at Columbia University, 1984 and 1985.
Scholarship of the Scuola Normale Superiore for graduate studies at the Ruhr-Universität of
Bochum (Germany), 1980-81.
Scholarship of the Scuola Normale Superiore for thesis research at the Max-Weber Archiv of
Munich (Germany), Spring 1980.
Winner of the national competition for admission to the Scuola Normale Superiore, 1976.
TEACHING EXPERIENCE:
International Macro & Economic policy & Finance, School of International Studies, Master
program in European and International Studies, University of Trento (Italy), 2002-2011.
International Economics, BA program in Economics, University of Trento (Italy), 2008-2011.
Open Macroeconomics, Ph.D. program in Economics, University of Trento (Italy), 2008-2011.
Microeconomics, Master of Arts in Diplomacy and International Affairs, Azerbaijan Diplomatic
Academy (Azerbaijan), 2009.
Open-Economy Macroeconomics, Ph.D. program in Economics & International Studies,
University of Trento (Italy), 2008-2009.
Economic Policy and Advanced Economic Policy, BA and Master program in Economics,
University of Trento (Italy) and University of Bergamo (Italy), 2006-07.
Political Economy, BA program in Economics, University of Bergamo (Italy), 2005-06.
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), 2004-06.
Labor Economics, BA program in Economics, University of Bergamo (Italy), 2003.
Microeconomics, BA program in Economics, University of Trento (Italy), 1998-2002.
Environmental Economics, BA program in Environmental Sciences, University of Milan (Italy),
1994-95.
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), 327-342.
[with A. Fracasso] “Global Rebalancing and the Future of the Sino-US Codependency", China &
World Economy 18 (2010), 70-87.
[with G. Felice] “Trade and growth in a two-country model with home production and uneven
technological spillovers”, Manchester School 78 (2010), 484-509.
“Evolution of preferences and cross-country differences in time devoted to market work”, Labour
Economics, 15 (2008), 1341-1365.
[with S. Bartolini] “Endogenous growth, decline in social capital and expansion of market activities”,
Journal of Economic Behavior and Organization, 67 (2008), 917-926.
[with A. Cristini] “Breaking the Stability Pact: Was it predictable?”, Journal of Policy Modeling, 30
(2008), 793-810.
“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.
[with G. Felice] “Endogenous growth and changing sectoral composition in advanced economies”,
Structural Change and Economic Dynamics, 19 (2008), 109-131.
“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,
247-258.
[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), 1539-1553.
“Resolving indeterminacy in coordination games: a new approach applied to a pay-as-you-go pension
scheme”, Journal of Economics, 91 (2007): 273-295.
“Fiscal transfers and distributive conflict in a simple endogenous growth model with unemployment”,
German Economic Review, 8 (2007): 43-65.
“Unbalanced growth and the sustainability of the current account deficit”, Review of International
Economics, 14 (2006): 773-796.
[with S. Bartolini] “The mobilization of human resources as an effect of the depletion of environmental
and social assets”, Metroeconomica, 57 (2006): 193-213.
“Growth and employment differentials under alternative wage-setting institutions and integrated capital
markets”, Journal of Macroeconomics, 27 (2005): 724-746.
“Interregional income redistribution and convergence in a model with perfect capital mobility and
unionized labor markets”, International Tax and Public Finance, 12 (2005): 301-318.
[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): 111-137.
[with L. Beltrametti] “Does international coordination of pension policies boost capital
accumulation?”, Journal of Public Economics, 88 (2004): 113-129.
[with S. Bartolini]: “Endogenous growth and negative externalities”, Journal of Economics, 79 (2003):
123-144.
[with S. Bartolini]: “Undesirable growth in a model with capital accumulation and environmental
assets”, Environment and Development Economics, 8 (2003): 11-30.
“Volatility, stabilization and union wage setting: the effects of monetary policy on the ‘natural’
unemployment rate”, Economic Notes, 31 (2002): 109-123.
“The effects of wage compression on unemployment and on the intersectoral distribution of
employment: a dynamic model”, Economic Systems, 26 (2002): 127-144.
[with S. Bartolini]: “Environmental and social degradation as the engine of economic growth”,
Ecological Economics, 43 (2002): 1-16.
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: 369-393.
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: 61-67.
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, 307-330.
[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, 31-46.
[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”
in M. Schenkel and M. Mellano (Eds.), Le imprese del terzo tipo: economia e etica delle
organizzazioni non profit, Torino: Giappichelli, 2004, 75-103.
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, 2011.
[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, 2010.
[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, 2010.
[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, 2009.
[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, 2009.
“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, 2007.
“Home production, labor taxation and trade account”, Dipartimento di Economia – Università di
Trento, Discussion Paper No. 15, 2007.
“Complementary research strategies, first-mover advantage and the inefficiency of patents”,
Dipartimento di Economia – Università di Trento, Discussion Paper No. 17, 2007.
[with S. Bartolini] “Does Technical Progress Increase Long-Run Welfare?” Università di Siena:
Quaderni del Dipartimento di Economia Politica, No. 435, 2004.
“‘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.
