Bio

Sergio Cesaratto is full professor at the Faculty of Political Sciences of the University of Siena where he teaches Economic Policy and Development Economics. He graduated in 1981 at the University of Rome “La Sapienza”, where he also received his doctorate. He got a Master degree from the University of Manchester (UK) and was visiting scholar at the University of Cambridge in 1990 and 1996. His main past research interests have been: the Economics of Innovation; the concept of equilibrium in economic analysis; theories of economic growth, with particular regard to the criticism of endogenous growth theory and to the role of aggregate demand in the long period. On these topics he has published on Research Policy, The Economics of Innovation and New Technology, Cambridge Journal of Economics, Review of Political Economy and contributed to various books.

In the last years he has focused upon the Economics of pensions. He has shown the various weakness of the mainstream support to Fully Funded schemes and, in this regard, the relevance of the saving-investment nexus and of the capital theory controversy. On this topic, in 2005 he has published a book for Edward Elgar (Pension Reform and Economic Theory), and in January 2006 a paper on the Cambridge Journal of Economics. Related papers are forthcoming in books published by Elgar, Macmillan-Palgrave and Ashgate. He is guest editor of a special issue of Review of Political Economy on pensions forthcoming in July 2006.