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Anne P. Villamil

Professor
Henry B. Tippie Research Fellow

Economics
W354  John Pappajohn Bus Bldg
The University of Iowa, Iowa City, IA 52242-1994
Ph: 319-335-3944
Fax: 319-335-1956
E-mail: anne-villamil@uiowa.edu

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

    • 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, Risk Aversion and Firm Dynamics, Anne P. Villamil, Stefan Krasa, Neus Herranz
    • The Effects of Credit Subsidies on Development, Anne P. Villamil, Antonio Antunes, Tiago Cavalcanti

        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 - Present
          • European Union Center, University of Illinois, 2008 - Present
          • Faculty Fellow, University of Illinois, 2003 - Present
          • Professor of Economics, University of Illinois, 2000 - Present
          • Professor of Finance, University of Illinois, 2009 - 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