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Anne P. Villamil

Anne P. Villamil

Economics

Professor
Henry B. Tippie Research Fellow

  319-335-3944
  W354  Pappajohn Business Building
The University of Iowa, Iowa City, IA 52242-1994

Academic History

  • PhD in Economics, University of Minnesota, Minneapolis, MN, 1988
  • BA in Economics, University of Rochester, Rochester, NY, 1980

Awards

  • Economic Theory Fellow, SAET, 2011

Selected Publications

  • The Effects of Credit Subsidies on Development, Anne P. Villamil, Antonio Antunes, Tiago Cavalcanti, Economic Theory, vol 58, 2015, 1-30
  • Entrepreneurs, Risk Aversion and Firm Dynamics,, Anne P. Villamil, Neus Herranz, Stefan Krasa, Journal of Political Economy, 2014 - Publication Details Forthcoming
  • Costly Intermediation & Consumption Smoothing, Antonio Antunes, Tiago Cavalcanti, Anne P. Villamil, Economic Inquiry, vol 51, 2013, 459-472
  • The Effect of Financial Enforcement on Entrepreneurship in a Growth Miracle, Donghun Joo, Anne P. Villamil, The Manchester School, vol 79, 2011, 567-593
  • Small Firms in the SSBF, Anne P. Villamil, Stefan Krasa, Neus Herranz, Annals of Finance, vol 5, 2009, 341-359
  • Entrepreueurship, Finance and Employment, Mariacristina De Nardi, Anne P. Villamil, Annals of Finance, vol 5, 2009, 289-293
  • Bankruptcy and Firm Finance, Stefan Krasa, Tridib Sharma, Anne P. Villamil, Economic Theory, vol 36, 2008, 239-266
  • The Effect of Financial Repression and Enforcement on Entrepreneurship and Economic Development, Antonio Antunes, Tiago Cavalcanti, Anne P. Villamil, Journal of Monetary Economics, vol 55, 2008, 278-297
  • Computing General Equilibrium Models with Occupational Choice and Financial Frictions, Antonio Antunes, Tiago Cavalcanti, Anne P. Villamil, Journal of Mathematical Economics, vol 44, 2008, 553-568
  • Edward C. Prescott's Contributes to Economics: Guest Editors' Introduction (Special Issue in Honor of Edward C. Prescott's Nobel Prize in Economics), Stephen Parente, Anne P. Villamil, Economic Theory, vol 32, 2007, 1-5
  • Do Lack of Transparency and Enforcement Undermine International Risk-sharing?, Elizabeth Asiedu, Yi Jin , Anne P. Villamil, Annals of Finance, vol 2, 2006, 123-140
  • Debt Contracts and Cooperative Improvements, Stefan Krasa, Tridib Sharma, Anne P. Villamil, Journal of Mathematical Economics, vol 41, 2005, 857-874
  • Optimal Contracts When Enforcement is a Decision Variable: A Reply, Stefan Krasa, Anne P. Villamil, Econometrica, vol 71, 2003, 390-393
  • Optimal Inflation Tax and Structural Reform, Tiago Cavalcanti, Anne P. Villamil, Macroeconomic Dynamics, vol 7, 2003, 333-0362
  • Imperfect Enforcement, Foreign Investment, and Foreign Aid, Elizabeth Asiedu, Anne P. Villamil, Macroeconomic Dynamics, vol 6, 2002, 476-495
  • Intertemporal Pricing in Laboratory Posted Offer Markets with Differential Information, Aldo Rustichini, Anne P. Villamil, Economic Theory, vol 16, 2000, 613-637
  • Discount Factors and Thresholds: Foreign Investment When Enforcement is Imperfect, Elizabeth Asiedu, Anne P. Villamil, Macroeconomic Dynamics, vol 4, 2000, 1-21
  • Optimal Contracts when Enforcement is a Decision Variable, Stefan Krasa, Anne P. Villamil, Econometrica, vol 68, 2000, 119-134
  • Government Borrowing Using Bonds with Randomly Determined Return: Welfare Improving Randomization in the Context of Deficit Finance, Bruce D. Smith, Anne P. Villamil, Journal of Monetary Economics, vol 41, 1998, 351-370
  • Intertemporal Pricing in Markets with Differential Information, Aldo Rustichini, Anne P. Villamil, Economic Theory, vol 8, 1996, 211-227
  • Optimal Multilateral Contracts, S. Krasa, Anne P. Villamil, Economic Theory, vol 4, 1994, 167-187
  • A Theory of Optimal Bank Size, S Krasa, Anne P. Villamil, Oxford Economic Papers, vol 44, 1992, 38-63
  • Monitoring the Monitor: An Incentive Structure for a Financial Intermediary, S. Krasa, Anne P. Villamil, Journal of Economic Theory, vol 75, 1992, 197-221
  • Demand Deposit Contracts, Suspension of Convertibility, and Optimal Financial Intermediation, Anne P. Villamil, Economic Theory, vol 3, 1991, 277-289
  • Price Discriminating Monetary Policy: A Non-uniform Pricing Approach, Anne P. Villamil, Journal of Public Economics, vol 35, 1988, 385-392
  • Market Power in Oral Double Auctions, C. A. Holt, L. W. Langan, Anne P. Villamil, Economic Inquiry, vol 24, 1986, 107-123

Working Papers

  • Entrepreneurs, Legal Institutions and Firm Dynamics, Anne P. Villamil, Neus Herranz, Stefan Krasa
  • Microfinance in the U.S., Anne P. Villamil, Fan Liu
  • Employment-based Health Insurance and Misallocation: Implications for the Macroeconomy, David Chivers, Zhigang Fang,
  • Growth with Dual Labor Markets in an Open Economy, Xiaobing Wang, Yuxiang Zou
  • Intermediation and Default, Anne P. Villamil, Antonio Antunes, Tiago Cavalcanti, Caterina Mendicino

Other Work

  • The Modigliani-Miller Theorem (The New Palgrave Dictionary of Economics, Steven Durlauf and Lawrence Bloom, eds.), Anne P. Villamil, Macmillan Press, London, UK, 2008
  • Risky Banking and Credit Rationing, Pedro Elosegui, Anne P. Villamil, Studies in Economics (E. Drandakis, ed.), 2007
  • Supra-Competitive Prices and Market Power in Posted-Offer Experiments, Anne P. Villamil, C. A. Holt, D. Davis, Market Power (Mark Isaac, ed.), Westview Press, 2002
  • Intertemporal Pricing in Laboratory Posted Offer Markets with Differential Information, Aldo Rustichini, Anne P. Villamil, Economic Theory, vol 43, 2000, 132-156
  • Price Discrimination and Monetary Assets, Anne P. Villamil, The New Palgrave Dictionary of Money and Finance (J. Eatwell, M. Milgate, P. Newman, eds.), Macmillan Press, 1992

Current & Prior Positions

  • Professor of Economics, Henry B. Tippie College of Business, The University of Iowa, January 2014 - Present
  • Stanley Jevons Professor of Economics, University of Manchester, UK, September 2009 - July 2014
  • Professor of Finance, University of Illinois, 2009 - 2013
  • European Union Center, University of Illinois, 2008 - 2013
  • Faculty Fellow, University of Illinois, 2003 - 2013
  • Professor of Economics, University of Illinois, 2000 - 2013
  • Visiting Scholar, Spring Semester, University of Paris, 2011
  • Peter Moores Fellow, Said School of Business, Trinity Term, University of Oxford, 2009
  • Hallsworth Visiting Professor, University of Manchester, UK, June 2008
  • Hallsworth Visiting Professor, University of Manchester, UK, June 2007
  • Visiting Scholar, Washington University, St. Louis, MO, May 2007
  • Visiting Scholar, International Monetary Fund, Washington, DC, March 2007
  • Visiting Scholar, International Monetary Fund, Washington, DC, December 2006
  • Institute for Advanced Studies, Vienna, Austria, June 2006
  • Hallsworth Visiting Professor, University of Manchester, UK, May 2006
  • Visiting Scholar, National University of Singapore, March 2006
  • Visiting Scholar, National University of Singapore, June 2005
  • Institute for Advanced Studies, Vienna, Austria, April 2004
  • Puzzuoli Summer School, University of Naples, Fredericko II, June 2003
  • Pozzuoli Summer School, University of Naples, Fredericko II, June 2001
  • Associate Professor of Economics, University of Illinois, 1993 - 2000
  • Assistant Professor of Economics, University of Illinois, 1988 - 1993
  • Assistant Professor of Economics, Tulane University, 1987 - 1988
  • International Economist, US Trade Representative's Office, Executive Office of the President, 1980 - 1981

Professional Affiliations

  • Editor, Annals of Finance, 2009 - current
  • Co-editor, Annals of Finance, 2006 - current
  • Associate Editor, Quarterly Review of Economics and Finance, 2000 - current
  • Associate Editor, Economic Theory, 1999 - current
  • Associate Editor, European Economic Review, 2003 - 2011
  • Associate Editor, Annals of Finance, 2004 - 2006
  • Associate Editor, Lecture Notes in Economics and Mathematical Systems, 2000 - 2003

Committees and Professional Service

  • Dean's Advisory Council, 2015-current
  • Diversity Committee, 2014-current
  • MBA Core Curriculum Committee, 2014-current
  • Faculty Recruiting, 2014-current
  • International Scientific Program Committee, Society for the Advancement of Economic Theory, 2011-current