January 2008

Short Curriculum Vitae

Serguey Braguinsky

Birth date: November 27, 1959

Citizenship: Russian Federation

Status in the United States: H1-B, adjustment of status application pending

Marital Status: Married, wife: Hiroko OGA, Japanese national, DOB 08/01/1960

Business address: 447 Fronczak Hall, Buffalo, NY 14260

Telephone: (716) 645-2121 (ext. 440)

e-mail: sb56@buffalo.edu

Academic website: http://pluto.fss.buffalo.edu/classes/eco/sb56

Education and Academic Degrees:

Doctor of Economics (Ph.D. degree), October 1997, Keio University, Japan

Candidate of Economic Sciences, October 1986, Institute of Oriental Studies, Russian (former USSR) Academy of Sciences, Moscow, Russia

Bachelor in Oriental Studies and International Economics (with honors), June 1982, Moscow State University, Moscow, Russia

Current Position:

Tenure Track Assistant Professor, Department of Economics, State University of New York at Buffalo

Visiting Assistant Professor, Social and Decision Sciences Department, Carnegie Mellon University

Previous Positions:

2002-2003 Visiting Assistant Professor, Department of Economics, State University of New York at Buffalo

2001-2002 Visiting Associate Professor, George Stigler Center for the Study of the Economy and the State, The University of Chicago

1991-2001 Associate Professor, Faculty of Economics and Business Administration, Yokohama City University, Yokohama, Japan

1996-1997 Lecturer, Hitotsubashi University, Tokyo, Japan

1991-1998 Consultant, Economics Research Group, Salomon Brothers Asia Limited, Tokyo, Japan

1993-1997 Member, Commission for the Study of Economic Reform in the Former Soviet Union, The Economic Planning Agency of Japan

1993-1996 Advisor, Research Institute for International Investment and Development, The Export-Import Bank of Japan

1989-1991 Senior Researcher, Institute of Oriental Studies, USSR Academy of Sciences

1987-1988 Researcher, Institute of Oriental Studies, USSR Academy of Sciences

1985-1986 Junior Researcher, Institute of Oriental Studies, USSR Academy of Sciences

Awards, Fellowships, Grants, Honors:

2006-2008 Kauffman Foundation Grant for Research on Entrepreneurship and Economic Change

2005-2007 Baldy Research Grant for Research on Income Reporting and Household Wealth in Transition Economy

2001-2002 J.M. Olin Visiting Associate Professorship, The University of Chicago

2001 Letter of Commendation, Mayor of the City of Yokohama, Japan

2000-2001 J.M. Olin Fellowship in Law and Economics

2000-2001 Research Grant for the Study of the Japanese Financial System Development and Its Implications for Developing Nations (Head of the Project), The Japan Bankers Association Science and Research Promotion Foundation

2000 Entry in the Dictionary of International Biography, Institute of International Biography, Cambridge, London

1998 Japan Ministry of Education and City of Yokohama Fellowship for short-term research abroad (executed to support a visiting scholar position at the Department of Economics, The University of Chicago)

1997 Research Fellowship for the Study of the Economy and Problems of National Security of the Russian Far East, The National Institute for Research Advancement, Tokyo, Japan

1994-1996 Individual Research Grant for the Study of the Russian Economy in Transition, Toyota Foundation, Japan

1992 Individual Research Grant for the Study of the Economy of the Former USSR in Transition to a Market Economy, The Yokohama Foundation for the Promotion of Research, Yokohama, Japan

1988 Keio University Visiting Scholar Fellowship for the Department of Economics, Keio University

Editorial Board:

Contemporary Economic Policy, 1998-2002

Membership in Organization Requiring Nomination:

The Mont Pelerin Society (since 2000)

Current Completed Working Papers (under review in refereed journals)

“Where Does Entrepreneurship Pay?” (with Atsushi Ohyama), 2008.

“The Rise and Fall of Russian Oligarchs: Quantitative Analysis”, 2007.

“Evolution of Within-Firm Salary Earnings and Firm Size Distributions in the Noisy Selection Model” (with Atsushi Ohyama), 2007.

“The Dynamics of Small Industries” (with Salavat Gabdrakhmanov, Atsushi Ohyama, and David C. Rose), 2007.

Selected Published Research (in reverse chronological order)

Books from Academic Publishing Houses

Incentives and Institutions. The Transition to a Market Economy in Russia (with Grigory Yavlinsky), Princeton University Press, Princeton, New Jersey, 2000.

Russian translation published in 2006. Reviews of “Incentives and Institutions” Appeared In: Journal of Economic Literature, Economic Journal, Journal of Comparative Economics, American Political Science Review, Foreign Affairs, Milken Institute Review, Internationale Politik, European Legacy, Slavic Review

Political Economy: Problems and Ways of Renovation (in Russian) (with Yakov Pevzner), Moscow, "Muisl", 1991.

Monetary Policy in Japan (in Russian), Moscow, "Nauka", 1989.

Articles in Refereed Academic Journals and Chapters in Books

“Allocation and Misallocation of Human Capital: Some Lessons from Japan and Russia”, Chapter 8 in The Mystery of Capital and the New Philosophy of Social Reality (Open Court, forthcoming).

“A Theory of Industry Dynamics With Innovation and Imitation” (with Salavat Gabdrakhmanov and Atsushi Ohyama). Review of Economic Dynamics, Vol. 10, No. 4, 2007, 729-760.

“Capital and Growth With Oligarchic Property Rights” (with Roger Myerson). Review of Economic Dynamics, Vol. 10, No. 4, 2007, 676-704.

“A Macroeconomic Model of Russian Transition: The Role of Oligarchic Property Rights” (with Roger Myerson). Economics of Transition, Vol. 15, No. 1, 2007, 77-107.

"Bidder Discounts and Target Premia in Takeovers" (with Boyan Jovanovic). American Economic Review, Vol. 94, No. 1, 2004, 46-56 .

“Entrepreneurial Ability and Market Selection in an Infant Industry: Evidence from the Japanese Cotton Spinning Industry” (with Kevin M.Murphy and Atsushi Ohyama). Review of Economic Dynamics, Vol. 7, No. 2, 2004, 358-381.

"Human Capital" (with Michael Intriligator and Vitaly Shvydko), Chapter 26 in The New Russia. Transition Gone Awry, Ed. By Lawrence R. Klein and Marshall Pomer, Stanford University Press, Stanford, California, 2001, 403-412.

"Enforcement of Property Rights during the Russian Transition: Problems and Some Approaches to a New Liberal Solution", Journal of Legal Studies, Vol. 28, No. 2, 1999, 515-544.

"Pacific Rim Development and Transition" (with Michael Intriligator, Ray Bowen, Gordon Tullock and Hilton Root), Contemporary Economic Policy, Vol. 17, No. 1, 1999, 109-137.

"Democracy and Economic Reform: Theory and Some Evidence from the Russian Case", Contemporary Economic Policy, Vol. 16, No. 2, 1998, 227-240.

"Producer's Behavior in Transition Economy – Theoretical and Empirical Analysis with Special Application to the Russian Economy", Economic Systems, Vol. 21, No. 3, 1997, 265-295.

"Corruption and Schumpeterian Growth in Different Economic Environments", Contemporary Economic Policy, Vol. 14, No. 3, 1996, 14-25.

"The State and the Market in the Planned and Post-Planned Economy - the Case of the Former Soviet Union and Russia", chapter 6 in The State and the Economic Process, edited by C.W.M.Naastepad and S.Storm, Edwar Elgar, 1996, 177-207.

"The Inefficiency of Laissez-Faire in Russia: Hysteresis Effects and the Need for Policy-Led Transformation" (with Grigory Yavlinsky), Journal of Comparative Economics, Volume 19, 1994, 88-116.

Selected Keynote Presentations, Invited Conference Talks, Editorships, Invited Papers, Peer-Reviewed Conference Presentations

“The Rise and Fall of Russian Oligarchs: Legitimate and Illegitimate Children of the Praetorian Communism”, Invited presentation at the World Bank Conference on the Microeconomics of Growth, Washington, D.C., June 13, 2007.

“Entrepreneurs Versus Paid Workers in the Science and Engineering Workforce—A Study Using SESTAT Restricted Data”, peer-reviewed and presented at the National Science Foundation Workshop “Using Human Resource Data from Science Resources Statistics, National Science Foundation, To Study the Science and Engineering Workforce”, Washington D.C., October 20, 2006.

“Capital and Growth with Oligarchic Property Rights”, peer-reviewed and presented at the 10th Annual Conference of the International Society for New Institutional Economics, Boulder, Colorado September 23, 2006.

“Oligarchic Property Rights and Russian Transition”, peer-reviewed and presented at the Society for Economic Dynamics Annual Conference, Vancouver, Canada, July 7, 2006.

“Competitive Innovation and Information Flows Over the Industry Life-Cycle” (with Salavat Gabdrakhmanov and Atsushi Ohyama), Invited presentation at “The Evolution of Ideas in Innovation and Entrepreneurship. A conference to Honor Michael Gort’s Contributions”, Washington University, St. Louis, June 11, 2006.

“Capital and Growth with Oligarchic Property Rights”, peer-reviewed and presented at the Econometric Society World Congress, London, U.K., August 23, 2005.

“Capital and Growth with Oligarchic Property Rights”, peer-reviewed and presented at the Society for Economic Dynamics Annual Conference, Budapest, Hungary, June 23, 2005.

“Oligarchic Property Rights and Investment”, Invited presentation at the Meeting of the McArthur research network on Inequality and Economic Performance: Political Economy in Transition Countries, September 10-11, 2004, Prague, Czech Republic.

“Allocation and Misallocation of Human Capital: Some Lessons from Japan and Russia”, peer-reviewed and presented at a Multi-Disciplinary Workshop “The Mystery of Capital and the Construction of Social Reality”, SUNY Buffalo, April 12, 2003.

Invited Contributions to The Encyclopedia of Capitalism, in three volumes, Facts on File, New York (2004). Articles: “Ownership”, “Russia”, “Japan”, “Macroeconomics”, “Monetarism”, “Bank of Japan”, “Marx, Karl”, “Engels F.”

"Institutions and Innovation in a Competitive Environment: The Case of Technological Cooperation in the Japanese Cotton Spinning Industry”, peer-reviewed and presented at the 6th Annual Conference of the International Society for New Institutional Economics, Boston, MA, September 26, 2002.

“Innovation-Led Growth Under Global Competition”, peer-reviewed and presented at the 76th Annual Conference of the Western Economic Association International, San Francisco, July 6, 2001.

“Entrepreneurial Ability, Market Selection, and Setting Up an Infant Industry: Theory and Evidence from the Japanese Cotton Textile Industry”, peer-reviewed and presented at the 74th Annual Conference of the Western Economic Association International, San Diego, July 7, 1999.

“The Main-Bank Relationship Revisited – Its Role in Economic Development and Some Current Problems” Invited General Session Talk at the Pacific Rim Allied Economic Organization 3d Biennial Conference, Bangkok, January 1998.

"Democracy and Economic Reform” Invited General Session Talk at the 72nd Annual Conference of the Western Economic Association International, Seattle, Wash., July 1997.

"Corruption and Economic Growth”, Invited General Session Talk at the Pacific Rim Allied Economic Organization 2nd Biennial Conference, Hong Kong, January 12, 1996.

Co-editor, Industrial Change in China and Russia (in Japanese), Tokyo, Nihon Hyoronsha, 1996.

“Producers Behavior in a Post-Planned Economy: Theoretical and Empirical Analysis with Special Application to the Russian Economy,” Paper Presented at the Annual Conference of the Association of Comparative Economic Studies, San Francisco, January 6, 1996 (peer-reviewed).

“Endogenous Transformation – an Inquiry into Producer’s Behavior Under Communist and Post-Communist Economy”, Paper Presented at the World Conference of the Econometric Society, Tokyo, August 27, 1995 (peer-reviewed).

“Disintegration and Economic Integrity in the Former Soviet Union” – Keynote Presentation at the Annual Conference of the Japan Society of International Economics Integration and Disintegration of the World Economy – The Role of Japan, 1992.

Other Publications (Textbooks, Popular Writings, etc.)

Textbook: Introduction to International Economics (in Japanese), Tokyo, Yuhikaku, 1999 (Chapter 11, International Trade and Economic Development and Chapter 12, The Economics of Transition)

Popular Book: Will the Historic Transformation in the USSR Economy Succeed? (with Vitaly Shvydko) (in Japanese), Tokyo, Kodansha, 1991.

“The Possibility of a Dark Age” (in Japanese), in “Collection of Essays on Capitalism”, Nihon Keizai Shimbunsha, May 1993, 244-249 (other essay authors include Nobel Prize Winners Lawrence Klein, Paul Samuelson, Ronald Coase, Robert Solow, Kenneth Arrow, Wassili Leontieff, as well as Jeffrey Sachs, Lawrence Summers, Janosh Kornai, Chiaki Nishiyama, Masahiko Aoki and others).

Regular column in Kyodo News Agency (Japan), 1995-1998.

Columnist for Kanagawa Shimbun (Yokohama, Japan), 1996.

Numerous articles and interviews published in various national and local Japanese newspapers and magazines in 1991-2000; among them:

Yomiuri Shimbun, Mainichi Shimbun, Asahi Shimbun, Nihon Keizai Shimbun, Sankei Shimbun, Hokkaido Shimbun, Kanagawa Shimbun, The Economist (Japan), Toyo Keizai (The Oriental Economist), Sansara, San-roku-maru, Mado, Sobun, Jiyu, Naigai Josei, Koken, Sekai Shuho, Look Japan, Gendai, etc.