Tom Willett

Thomas Willett, Ph.D.

Horton Professor of Economics

Robert Day School of Economics and Finance
Areas of Expertise:
Financial Economics, Political Economy

Tom Willett
Bauer Center 106

Office Hours

Monday, 4:15-5:15 p.m.Wednesday, 4:15-5:15 p.m.
  • Education
  • Research and Publications
A.B., College of William and Mary; Ph.D., University of Virginia
  • International Comparisons of Financial Policies and Their Interactions, (co-edited with Penny Angkinand) Special issue of the Journal of Financial Economic Policy, 2011, issue 4 and 2012, issue 1.

  • “The Political Economy of the Euro Crisis: Cognitive Biases, Faulty Mental Models, and Time Inconsistency.” (with Nancy Srisorn). Journal of Economics and Business Vol. 76, November–December 2014, Pages 39–54.

  • “Capital Flow Surges as Bubbles: Behavioral Finance and McKinnon’s Over-borrowing Syndrome Extended” (with Levan Efremidze and John Rutledge), Singapore Economic Review, 2016

  • “Efficient Markets and Behavioral Finance: What does the euro crisis tell us?” (with Graham Bird and Wenti Du), Open Economies Review, (forthcoming)

  • “The Relationships among Capital Flow Surges, Reversals, and Sudden Stops” (with Levan Efremidze, Sungsoo Kim, and Ozan Sula) Journal of Financial Economic Policy (forthcoming)

  • The Dollarization Debate (co-edited with James Dean and Dominick Salatore) Oxford University Press, 2003.

  • Neoliberalism (co-edited with Arthur Denzau and Ravi Roy) Routledge, 2006.

  • “Endogenous OCA Analysis and the Early Euro Experience,” (with Orawan Permpoon and Clas Wihlborg), The World Economy, Vol. 33, No. 7, July 2010: pp. 851-872.

  • “China as a Reserve Sink” (with Yuan-Feng Ouyang and Ramkishen Rajan); Journal of International Money and Finance, Volume 29, Issue 5, September 2010, Pages 951-972.

  • "The Role of Defective Mental Models in Generating the Global Financial Crisis," Journal of Financial Economic Policy, Vol. 4, No. 1, January 2012, Pages 41-57.

  • Global Imbalances and Financial Stability, guest editor, Special issue of the Global Economic Review, 2012, vol. 41, issue 4.