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Pietro F. Peretto, Professor

Pietro F. Peretto

Pietro F. Peretto has been a professor for the department of economics at Duke University since 2009. Prior to becoming a full professor, he was an associate professor from 2001-2009 and an assistant professor from 1994-2001. He is also the current Director for the Program on Determinants of Growth, Innovation and Technological Progress within the Innovation Center at Duke. Professor Peretto earned his Ph.D. in economics from Yale University in 1994, and studied at Bocconi University in Milan until 1988. Before beginning his teaching career, he served in the military from 1989-1990.

Professor Peretto has taught both graduate and undergraduate courses on the subjects of macro/international finance, macroeconomic analysis, and economic growth. His research delves deeper into these areas to explore such subjects as industrial organization, technological change, international trade, market structure, the environment and natural resources. He recently received a generous DOE grant to conduct research for his project entitled, “Carbon Policy and Induced Technical Change: Market Structure, Increasing Returns, and Secondary Benefits” with Kerry Smith.

Professor Peretto has published his ideas and findings in over twenty papers and articles. His most recent writings include, “Sustaining the Goose that Lays the Golden Egg: A Continuous Treatment of Technological Transfer” with M. Connolly and N. Sà, “Energy Taxes and Endogenous Technological Change”, and “The Manhattan Metaphor” with M. Connolly. His work has been published in numerous prestigious academic journals, including the Scottish Journal of Public Economy, the Journal of Environmental Economics and Management, the Journal of Economic Growth, and many others. He is currently undergoing research on several projects, exploring such subjects as sustainable growth, “deaths, births, and economic growth,” resource scarcity, job creation, and intra-industry trade.

In addition to publishing, Professor Peretto has also presented his research findings throughout the world. In 2008, he visited the University of Zurich, the University of Glasgow, Venice International University, the University of Pisa, the European University Institute, and the Einaudi Institute for Economics and Finance to present a talk entitled, “Technology, Population, and Natural Resources: A Theory of Takeoff and Convergence to Sustainable Growth.” Since he began traveling to share his work, he has given over twenty different presentations at over seventy locations nationally and internationally.

Along with his teaching and research, Professor Peretto is also a member of the American Economic Association, the Society for the Advancement of Economic Theory, the European Economic Association, and the Society for Economic Dynamics.

Contact Info:
Office Location:  241 Social Sciences
Office Phone:  (919) 660-1807
Email Address: send me a message
Web Page:  http://econ.duke.edu/~peretto

Teaching (Spring 2012):

  • ECON 210.01, MACROECONOMIC THEORY Synopsis
    Social Sciences 119, MW 04:25 PM-05:40 PM
  • ECON 380.07, TRADE DYNAMICS MACRO Synopsis
    Social Sciences 107, F 10:05 AM-03:00 PM
Office Hours:

T, Th 10-12 or by appointment
Education:

PhDYale University1994
Laurea in Discipline Economiche e SocialiBocconi University, Milan, Italy1988
Specialties:

Macroeconomics
Industrial Organization
International Trade
Research Interests: Growth, Industrial Organization and Technical Change

Professor Peretto focuses his research pursuits on industrial organization, technological change, and other aspects pertaining to the field of macroeconomics. His studies have explored a variety of factors, such as international trade, growth and innovation, market structure, corporate taxation, industrial organization, development and the environment, R&D, and more. Much of his analyses of his subjects tend to utilize the endogenous growth theories. He has been publishing his research papers for nearly two decades, and has had his work appear in books and leading academic journals such as the International Journal of Industrial Organization, Increasing Returns and Economic Analysis, and various economic journals throughout Europe. Titles of his recent writings include, “Corporate Taxes, Growth and Welfare in a Schumpeterian Economy,” “Fiscal Policy and Long-run Growth in R&D Based Models with Endogenous Market Structure,” and “Industry and Family: Two Engines of Growth,” in addition to many others. Professor Peretto’s latest research projects involve exploring such subjects as resource scarcity, job creation, intra-industry trade, sustainable growth, and “deaths, births, and economic growth.”

Keywords:

macroeconomics • growth • technological change • innovation • R&D • international trade • development • natural resources • enviroment • industrial organization • market structure • coroprate taxation

Recent Publications   (More Publications)

  1. P. Peretto, Corporate Taxes, Growth and Welfare in a Schumpeterian Economy, Journal of Economic Theory (forthcoming, 2007)
  2. P. Peretto, Schumpeterian Growth with Productive Public Spending and Distortionary Taxation, Review of Development Economics (forthcoming, 2007)
  3. P. Peretto, Effluent Taxes, Market Structure and the Rate and Direction of Endogenous Technological Change (Submitted, October, 2006)
  4. P. Peretto, A Schumpeterian Analysis of Deficit-Financed Dividend Tax Cuts (Submitted, September, 2006)
  5. P. Peretto, Energy Taxes and Endogenous Technological Change (Submitted, December, 2006)


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