Department of Political Economy,
Facoltà di Scienze Economiche,
University of Siena,
Piazza S.Franceso 7,
53100 SIENA (Italy)
tel. 577-232694
fax. 577-232661, 577-232619
telex 572459 UNIVSI I
e-mail Vercelli@unisi.it
17 April 1945 (Torino, Italy) - married with one child
EDUCATION
1969 : laurea in Economics, Faculty of Political Sciences, University of Torino.
'69-'72: researcher at "Fondazione L. Einaudi", Torino (Italy).
'72-'73: Junior Research Fellowship, St. Antony's College, Oxford, U.K.
EMPLOYMENT HISTORY
'73-'76: Lecturer in economics and methodology, University of Torino.
'76- : Full professor of Economics, Faculty of Economics and Banking, University of Siena (Italy).
'81-'84: Director of the Institute of economics, ibidem.
'85-'88: Chairman of the Interfaculty Committee of the University of Siena for the scientific relations with foreign Universities and other Research Institutions.
'88-'90: Member of the Managing Board of the University of Siena.
'88-'93: Director of the Ph.D. Programme in Economics organised by the Universities of Siena, Firenze and Pisa.
'94-'95: Chairman of the Department of Political Economy of the University of Siena.
'94-'96 Chairman of the Interfaculty Committee of the University of Siena on postgraduate titles.
'96- Chairman of the Didactic Committee of the curriculum in Environmental Economics
'97- Member of the Board of Directors of the bank Monte dei Paschi di Siena S.p.A.
'98- Vice-president of the bank Istituto Nazional di Credito Agrario, Florence
'98-2000 Member of the Board of Directors of Monte dei Paschi Belgio, Bruxelles
'99- Member of the Board of Directors of the bank San Paolo-IMI, Torino
2000- Deputy President of bank 121, Lecce
OTHER SCIENTIFIC COMMITMENTS
-'81-'87 : co-opted in the managing board of the Research Group of C.N.R. on General Economic Theories.
-'82- : editor of two series of books in economics (publisher: La Nuova Italia Scientifica, Roma).
-'83-'87 : co-opted as expert in the National Research Group of C.N.R. on "Distribution, technical progress and economic development".
-'83-'92: member of the scientific committee of the review "Quaderni di Storia dell'economia politica", F.Angeli, Milano.
-'84-'91 : member of the Editorial Board of the reviews "Note Economiche" and "Economic Notes", Monte dei Paschi, Siena.
-'91- : managing editor of the journal 'Economic Notes', Monte dei Paschi di Siena.
-'87-'94: member of the scientific committee of the CESPE Foundation, Rome.
-'87- : member of the Editorial Board of the review "Economia Politica", Il Mulino, Bologna.
-'90-'93: member of the editorial board of the journal 'Italian Economic Papers' edited by the Italian Economic Association.
-'88-'95 : member of the managing board of editors of the journal "Structural Change and Economic Dynamics", Oxford University Press.
-'90-'93 : vicepresident and member of the managing board of OIKOS, International Foundation for Ecological Economics.
-'92- : member of the Scientific Committee of IRPET, Research and Planning Institute of Regione Toscana.
-'97- :Consulting Editor of the Encyclopaedia 'Business Cycles and Depression'
edited by D.Glasner, Garland Publishing. New York.
-'98- : Member of the Board of the Institute for Advanced Studies Galileo Galilei, Florence
-'99- : Member of the Board of the Doctoral Programme in Cognitive Sciences
-2000- : Member of the Board of the Interdipartimental Center for the study of complex systems, University of Siena
SCHOLARSHIPS AND AWARDS
-1979 : C.N.R. scholarship, Churchill College, Cambridge, (U.K.).
-1982 : Fulbright-SSRC AWARD on the co-ordination of economic policies among industrialized countries, Dept. of Economics, New York University, N.Y. (U.S.A.).
-1983 : Visiting professor, Department of Economics, University of Bielefeld (Germany).
-'84-'85 : C.N.R. visiting scholarship, L.S.E., London (U.K.).
-'86-'89 : Visiting Professor of Economics, Graduate School of Banking, University of La Plata (Argentina).
-'87 : Visiting scholar, Faculty of Economics, Un. of Cambridge (U.K.).
-'88: Visiting professor, Department of Economics, University of Valencia (Spain).
-'88: Winner of the St. Vincent Prize for the best essay in economics published by an Italian author in 1987.
-'93: Academic visitor at the University of Campinas and at the University Federal of Rio de Janeiro (Brasil).
-'91 & '93: Visiting scholar at U.C.L.A., Los Angeles, California.
-'95-'96: Visiting fellow of Clare Hall and Visiting scholar of the Faculty of Economics and Politics, University of Cambridge (U.K.)
-'96 : British Council Senior Visiting fellow in Italian Studies, St Antony's College, Oxford.
-'99 : Erasmus visiting professor, University of Oldenburg, Department of Economics.
WHO'S WHO
-Marquis Who's Who, New Providence, N.J. 07974, U.S.A.: 'Who'sWho in Finance and Industry'.
-Marquis Who's Who, New Providence, N.J. 07974, U.S.A.: 'Who's Who in the World'.
-International Biographical Centre, Cambridge CB2 3QP England: 'Dictionary of International Biography'
-International Biographical Centre, Cambridge CB2 3QP England: 'Outstanding People of the 20th Century'
SPECIAL FIELDS
Economic Policy
Methodology of economics
Cycle theory and applications
Comparative economic systems
History of economic analysis
Environmental Economics
Applied Decision Theory
PUBLICATIONS
Books
-Teoria della struttura economica capitalistica, Fondazione Luigi Einaudi, Torino, 1973.
-Inflazione, curva di Phillips e distribuzione degli squilibri economici, Torino, Opis, 1974.
-Teoria de la estructura economica capitalistica, Siglo XXI Editores, Mexico, 1980.
-Dispense di politica economica e finanziaria, Siena, 1982.
-Keynes dopo Lucas. I fondamenti dell'economia, La Nuova Italia Scientifica, Roma, 1987.
-Methodological Foundations of Macroeconomics. Keynes and Lucas, Cambridge, Cambridge University Press, 1991.
Books edited
-Introduction and editing (with Marcello Carmagnani), 1978, Economia e storia, La Nuova Italia, Firenze.
-Introduction and editing (with R.Goodwin e M. Krüger), 1984, Nonlinear models of fluctuating growth, Springer, New York.
-Introduction and editing (with M.Di Matteo and R.Goodwin), 1989, Social and Technological Factors in Long Term Fluctuations, New York, Springer.
-Introduction and editing (with M.Di Matteo), 1992, Onde lunghe e teoria economica, Istituto Nazionale per lo Studio della Congiuntra, Roma.
-Introduction and editing (with N.Dimitri), 1992, Macroeconomics: A Survey of research Strategies, Oxford, Oxford University Press.
-Introduction and editing (with P.Dasgupta and K.Mäler), 1997, The Economics of Transnational Commons, Oxford, Oxford University Press.
-Introduction and editing (with G.Chichilnisky and J.Heal), 1997, Sustainability: Dynamics and Uncertainty, Dordrecht, Kluwer.
-Introduction and editing (with G.Calcagnini and G.Rodano), 1997, Cicli e trend nell'economia italiana, Istituto Nazionale per lo Studio della Congiuntura, Rome.
-Introduction and editing, 1998, Incertezza, razionalità e decisioni economiche, Bologna, Il Mulino.
-Introduction and editing (with A.Boltho e H.Yoshikawa), 2000, Comparing the Japanese and the Italian Economies, Macmillan, London.
Articles
-La coordinazione assente, in AA.VV., Crisi della teoria economica e crisi del capitalismo, Angeli, Milano, 1976.
-The Phillips dilemma: a new suggested approach, Economic Notes, 1977, n.1.
-Keynesismo, in Vercelli-Carmagnani, eds., 1978.
-Inflazione e deflazione, ibidem.
-Equilibrio e dinamica del sistema economico. Semantica dei linguaggi formalizzati e modello keynesiano, Siena, 1979.
-La crisi della scienza economica: metodo, teoria del valore ed ipotesi istituzionali, Quaderni della Fondazione Feltrinelli, n.7/8, 198O.
-Equilibrio e disequilibrio nella teoria Generale di Keynes: il ruolo dei salari monetari e le difficoltà di un metodo di puro equilibrio, in Graziani-Jossa-Imbriani (eds.), Studi di economia keynesiana, Liguori, Napoli, 1981.
-Editor's note, in Proceedings of the seminar on non-linear theory of fluctuating growth, Economic Notes, 3, 1983.
-Is instability enough to discredit a model?, ibidem.
-Anti-Lucas, ovvero: la "Nuova Economia Classica" e la rivoluzione keynesiana, in T.Cozzi (ed.), Keynes, Torino, 1983. Republished in Rodano, G., ed., Ascesa e declino della nuova macroeconomia classica, Il Mulino, Bologna, 1987.
-Il complesso di Euclide nella filosofia della scienza e nella metodologia economica, in AA.VV., La scienza impropria, Angeli, Milano, 1984.
-Fluctuations and growth: Keynes, Schumpeter, Marx and the structural instability of capitalism, ibidem.
-Money and production in Keynes and Schumpeter: two dichotomies, in Arena, M., Graziani, A. (eds.), Money and production, P.U.F., Paris, 1985.
-Keynes, Schumpeter, Marx and the structural instability of capitalism, Cahiers d'economie politique, 2, 1985.
-Stagflation and the recent revival of Schumpeterian entrepreneurship, in H. Frisch-B. Gahlen (eds.), 1986, Causes of Contemporary Stagnation, Springer, New York.
-La "lunga crisi": interpretazioni e prospettive, in Ente Einaudi (ed.), 1986, Oltre la crisi. Le prospettive di sviluppo dell'economia italiana e il contributo del sistema finanziario, Il Mulino, Bologna, 1986.
-Probabilistic causality in philosophy of science and economics, Siena, 1986.
Structural instability and the epistemology of change, Siena, 1986.
-Vizi e virtù della Nuova Macroeconomia, Politica ed Economia, XVIII, 11, nov. 1987.
-La "lunga crisi": interpretazioni e prospettive, in Politica Economica, III, n.3, 1987.
-Razionalità progettuale: uno strumento logico per riconnettere economia e tecnologia, in G.Lunghini, S.Vaccà, eds., Cambiamento tecnologico e teorie dell'impresa, Milano, 1987.
-Causalità probabilistica ed analisi economica: Suppes, Keynes, Granger, in M.C.Galavotti e G.Gambetta (eds.), Epistemologia ed economia, CLUEB, Bologna, 1988.
-Technological flexibility, financial fragility and the recent revival of Schumpeterian entrepreneurship, Recherches Economiques de Louvain, 54 (1), 1988.
-Imprenditorialità ed incertezza: un riesame critico della teoria Schumpeteriana della "transizione" al socialismo, in Jossa (ed.), 1988, Sistemi economici comparati, UTET, Torino.
-Goodwin and the M-K-S System, in G.Ricci and K. Velupillai, eds., 1988, Growth Cycles and Multisectoral Economics: the Goodwin Tradition, Springer, Berlin.
-Uncertainty, Technological Flexibility and Long Term Fluctuations, in Di Matteo, M., Goodwin, R., Vercelli, A., eds., Technological and Social Factors in Long Term Fluctuations, Springer, New York, 1989.
-Probabilistic Causality and Economic Models: Suppes, Keynes and Granger, in Kumaraswamy Velupillai, ed., 1989, Nonlinear and Multisectoral Macrodynamics, Macmillan, London.
-Piccole imprese innovative in Italia: flessibilità tecnologica, contributo all'innovazione e fragilità finanziaria, 1989 (with P.L. Belvisi and P. Carnazza), Economia e Politica Industriale, 63, 45-81.
-Sostenibilità del debito pubblico e sostenibilità dello sviluppo, in Ente per gli Studi Monetari bancari e Finanziari 'luigi Einaudi' (ed.), Aspetti strutturali del debito pubblico, Bologna, Il Mulino, 1991.
-Probabilistic causality and economic analysis: a survey, in A.Vercelli and N.Dimitri, 1992.
-Le trasformazioni strutturali dell'economia italiana, 1993 (with M. Signorelli), Diritto ed Economia, n.3.
-Structural changes in the post-war Italian economy, in B. Boehm and L.F. Punzo (eds.), Economic Performance: a look at Austria and Italy, Springer Verlag, Berlin, 1994.
-Sustainable Growth and Future Generations: time, rationality, and ethics, 1994, in AA.VV., The Development of Science for the Improvement of Human Life, Proceedings of the Second Kyoto-Siena Symposium, Univ. of Kyoto.
-Economia e Ambiente: tempo, razionalità ed etica, in S.Scamuzzi, ed., Costituzioni, razionalità, ambiente, Bollati Boringhieri, Torino, 1994, pp.207-231
-Hard Uncertainty and Environment, 1994, Discussion paper, FEEM, Milan.
-Environmental Option Values: a Survey, 1994, Discussion paper, FEEM, Milan (with M.Basili).
-Environmental Bonds: A Critical Assessment, 1994 (with L.Torsello), Discussion paper, FEEM, Milan.
-Por uma macroeconomia nao reducionista: uma pespectiva de longo prazo, Economia e Sociedade, 1, 3, 1994, pp.3-19.
-Sustainable Development, Rationality and Time, discussion paper, 1995, AFCET, Paris.
-La teoria dello sviluppo sostenibile: tempo, razionalità e generazioni future, 1995, Ragion Pratica, 3, 4, pp.32-45.
-Etica e tempo, in E. Tiezzi, ed., Ecologia e..., Laterza, Bari, 1995, pp.177-204.
-Economia e Fisica, 1995, in A. Boitani and G. Rodano (eds.), Relazioni pericolose. L'avventura dell'economia nella cultura contemporanea, Bari, Laterza, 1995, pp. 173-206.
-Problemi metodologici ed epistemologici delle discipline economiche, in Cozzi, T, Lombardini, S., Salvati, M., 1995, Economia 1970-1990, Edizioni della Fondazione Giovanni Agnelli, Torino, pp.565-578.
-From soft uncertainty to hard environmental uncertainty, 1995, in Economie Appliquée, XLVIII, 2, pp.251-269.
-Keynes, Schumpeter and beyond: a non-reductionist perspective, in G.C.Harcourt, and P. Riach, eds. 1996, A "Second Edition" of the General Theory, London, Routledge.
-La teoria della preferenza per la liquidità: opzioni interpretative e valori d'opzione, in C.Gnesutta, ed., 1996, Incertezza, Moneta, Aspettative, Equilibrio. Saggi per Fausto Vicarelli, Bologna, Il Mulino.
-Sustainable Development, Rationality, and Time, 1997, in S.Faucheux, M.O'Connor, and J. van der Straten, eds., Sustainable Development: Analysis and Public Policy, Dordrecht, Kluwer Academic Publishers.
-Equilibrium, disequilibrium, and macroeconomic theory, in G.Caravale, ed., 1997, Equilibrium and Economic Theory, Routledge, London.
-Uncertainty and environmental policy, in G.Chichilnisky, G.Heal, and A.Vercelli, eds, Sustainability: Dynamics and Uncertainty, Martin Kluwer, Amsterdam.
-Operational measures of sustainable development and the freedom of future generations, ibidem.
-Environmental option values, uncertainty aversion and learning, (with M.Basili), ibidem.
-Equilibrium, disequilibrium, and macroeconomic theory, in G.Caravale, 1998, Equilibrium and Economic Theory, Routledge, Londra.
-The recent advances in decision theory under uncertainty: a non-technical introduction, in L.Luini, 1999, Uncertain Decisions: Bridging Theory and Experiments, Kluwer, Dordrecht.
-Peso dell'argomento e decisioni economiche, in Marzetti Dall'Aste Brandolini, S. and R. Scazzieri, eds, 1999, La probabilità in Keynes: premesse e influenze, CLUEB, Bologna.
-Coherence, meaning and responsibility in the language of economics, in R.Rossini Favretti, G.Sandri, R Scazzieri, eds, 1999, Incommensurability and Translation. Kuhnian Perspectives on Scientific Communication and Theory Change, Elgar, Cheltenham, pp. 351-367.
-Environmental Uncertainty and future generations, in M.Dore, and T.Mount, eds., 1999, Global Environmental Economics. Equity and the limits to markets, Blackwell, Oxford, pp. 77-92.
-Environmental option values: a critical assessment. (with M.Basili), ibidem, pp.93-115.
-Specialismo e 'quadri di riferimento', 1999, in Gruppo di Ancona, ed, Trasformazioni dell'economia e della società italiana, Il Mulino, Bologna, pp.477-486.
-The evolution of IS-LM models: empirical evidence and theoretical presuppositions, 1999, Journal of Economic Methodology. 1.
-Financial Fragility and Cyclical Fluctuations, 2000, Structural Change and Economic Dynamics. 1. 139-156.
-Small Firms and Employment in manufacturing: Japan and Italy (1980-1995), in A Boltho, H.Yoshikawa, and A.Vercelli, eds, 2000, Comparing the Japanese and the Italian Economies, Macmillan, London.
-Minsky, Keynes and the Structural Instability of a sophisticated Monetary Economy, in R.Bellofiore, P.Ferri, eds, 2001, Financial Fragility and Investment in the Capitalist Economy, Elgar, Cheltenham.
-Epistemic causality and Hard Uncertainty: A Keynesian Approach, in M.C.Galavotti, P.Suppes, and D.Costantini, eds. 2001, Stochastic Causality, CSLI Publications, Stanford, California, pp.141-156.
-Nuova globalizzazione e sostenibilità, in Fondazione Rosselli, ed., 2001, Sesto Rapporto sul Sistema Finanziario italiano. Vol.1. Dalla banca alla eurobank: l'innovazione tecnologica e finanziaria, Edibank, Roma, pp.367-402.
-New globalization and sustainability, Discussion Paper (Quaderno del Dipartimento di Economia Politica dell'Università di Siena) n.329.
- Sustainable globalisation (with S.Borghesi), 2001, Discussion Paper (Quaderno del Dipartimento di Economia Politica dell'Università di Siena) n.338.
-Uncertainty, Rationality and learning: a Keynesian perspective, 2001, Discussion Paper (Quaderno del Dipartimento di Economia Politica dell'Università di Siena) n.341.