Thomas D. Willett

Claremont Colleges - Robert Day School of Economics and Finance

Horton Professor of Economics

500 E. Ninth St.

Claremont, CA 91711-6420

United States

SCHOLARLY PAPERS

19

DOWNLOADS
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CITATIONS
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SSRN RANKINGS

Top 13,840

in Total Papers Citations

27

Scholarly Papers (19)

1.

The Euro Crisis: It Isn't Just Fiscal and it Doesn't Just Involve Greece

Claremont McKenna College Robert Day School of Economics and Finance Research Paper No. 2011-03
Number of pages: 37 Posted: 26 Mar 2011
Clas Wihlborg, Thomas D. Willett and Nan Zhang
Chapman University, Claremont Colleges - Robert Day School of Economics and Finance and Claremont Colleges - Claremont Graduate University
Downloads 2,322 (3,207)

Abstract:

financial crisis, Euro currency, international debt

2.

China as a Reserve Sink: The Evidence from Offset and Sterilization Coefficients

HKIMR Working Paper No. 10/2007
Number of pages: 31 Posted: 20 Aug 2007
Ramkishen S. Rajan and Thomas D. Willett
ESSEC Business School and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 180 (127,028)
Citation 2

Abstract:

Balance of payments, China, Capital Mobility, Reserves, Sterilization

3.

Reversibility of Different Types of Capital Flows to Emerging Markets

Number of pages: 34 Posted: 12 Oct 2006
Ozan Sula and Thomas D. Willett
Western Washington University and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 175 (127,661)
Citation 4

Abstract:

Capital flows, Sudden stops, Surges in capital flows, Emerging Markets, private loans, portfolio flows, foreign direct investment

4.

Political Influences on the Costs of Banking Crises in Emerging Market Economies: Testing the U-Shaped Veto Player Hypothesis

Macroeconomics and Finance in Emerging Market Economies, Vol. 1, No. 2, pp. 279-297
Number of pages: 35 Posted: 28 Dec 2005 Last Revised: 10 Jun 2010
Apanard P. Prabha and Thomas D. Willett
University of Illinois at Springfield and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 157 (141,517)
Citation 1

Abstract:

Veto Player, Output Cost, Bangking Crisis

5.

Exchange Rate Regimes and Banking Crises: The Channels of Influence Investigated

Claremont Institute of Economic Policy Studies Working Paper No. 2006-07
Number of pages: 39 Posted: 18 Nov 2006 Last Revised: 15 Jul 2011
Apanard P. Prabha and Thomas D. Willett
University of Illinois at Springfield and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 122 (173,313)
Citation 1

Abstract:

Banking Crises, Exchange Rate Regimes, Foreign Borrowing, Domestic Credit Expansion, Currency Crises

6.

Managing the Monetary Consequences of Reserve Accumulation in Emerging Asia

HKIMR Working Paper No. 20/2007
Number of pages: 34 Posted: 12 Feb 2008
Ramkishen S. Rajan and Thomas D. Willett
ESSEC Business School and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 90 (219,229)

Abstract:

Asia, Balance of Payments Function, Capital Mobility, Monetary Reaction Function, Reserves, Sterilization

7.

Market Discipline for Financial Institutions and Markets for Information

Number of pages: 52 Posted: 16 Jul 2011
Apanard P. Prabha, Clas Wihlborg and Thomas D. Willett
University of Illinois at Springfield, Chapman University and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 89 (207,471)
Citation 2

Abstract:

Testing the Unstable Middle and Two Corners Hypotheses About Exchange Rate Regimes

Number of pages: 45 Posted: 21 Mar 2006
Apanard P. Prabha, Eric M.P. Chiu and Thomas D. Willett
University of Illinois at Springfield, National Chung Hsing University and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 85 (237,252)
Citation 2

Abstract:

exchange rate regimes, currency crises

Testing the Unstable Middle and Two Corners Hypotheses About Exchange Rate Regimes

Open Economies Review, Vol. 20, No. 1, February 2009
Posted: 17 Dec 2007 Last Revised: 14 Aug 2009
Apanard P. Prabha, Eric M.P. Chiu and Thomas D. Willett
University of Illinois at Springfield, National Chung Hsing University and Claremont Colleges - Robert Day School of Economics and Finance

Abstract:

exchange rate regimes, classifications, currency crises

9.

The Political Economy of the Euro Crisis: Cognitive Biases, Faulty Mental Models, and Time Inconsistency

Number of pages: 39 Posted: 14 Dec 2013
Thomas D. Willett and Lalana Srisorn
Claremont Colleges - Robert Day School of Economics and Finance and Claremont Colleges, Claremont Graduate University, School of Politics and Economics
Downloads 49 (288,706)

Abstract:

10.

The Falsification of Four Popular Hypotheses About the Asian Crisis

The World Economy Vol. 27, No. 1, pp. 25-44, January 2004
Number of pages: 20 Posted: 22 Mar 2004
Claremont Colleges - Robert Day School of Economics and Finance, La Sierra University, Utah State University, Kookmin Bank, Claremont Graduate University and La Sierra University
Downloads 29 (382,007)

Abstract:

11.

Fixed Exchange Rate Regimes and Financial Markets as Sources of Macroeconomic Discipline

Number of pages: 30 Posted: 15 Nov 2013
Thomas D. Willett, Eric M.P. Chiu and Stefanie Walter
Claremont Colleges - Robert Day School of Economics and Finance, National Chung Hsing University and University of Zurich - Institute for Political Science
Downloads 23 (370,127)

Abstract:

12.

Why the Middle is Unstable: The Political Economy of Exchange Rate Regimes and Currency Crises

The World Economy, Vol. 30, No. 5, pp. 709-732, May 2007
Number of pages: 24 Posted: 02 May 2007
Thomas D. Willett
Claremont Colleges - Robert Day School of Economics and Finance
Downloads 21 (419,803)
Citation 5

Abstract:

13.

Endogenous OCA Analysis and the Early Euro Experience

World Economy, Vol. 33, No. 7, pp. 851-872, July 2010
Number of pages: 22 Posted: 14 Jul 2010
Thomas D. Willett, Orawan Permpoon and Clas Wihlborg
Claremont Colleges - Robert Day School of Economics and Finance, affiliation not provided to SSRN and Chapman University
Downloads 3 (508,265)
Citation 1

Abstract:

14.

The GCCs Fixed Exchange Rate: A Major Anomaly for OCA Analysis

The World Economy, Vol. 33, No. 12, pp. 1702-1717, 2010
Number of pages: 16 Posted: 18 Apr 2011
Thomas D. Willett, Khalfan M. Al-Barwani and Sherine M. El Hag
Claremont Colleges - Robert Day School of Economics and Finance, affiliation not provided to SSRN and affiliation not provided to SSRN
Downloads 2 (513,789)

Abstract:

15.

Imf Conditionality, Implementation and the New Political Economy of Ownership

Comparative Economic Studies, Vol. 46, Issue 3, pp. 423-450, 2004
Number of pages: 28 Posted: 13 Sep 2010
Graham Bird and Thomas D. Willett
Claremont Colleges - Robert Day School of Economics and Finance and Claremont Colleges - Robert Day School of Economics and Finance
Downloads 2 (513,789)
Citation 9

Abstract:

16.

Delaying the Inevitable. A Political Economy Approach to Currency Defenses and Depreciation.

Review of International Political Economy 19(1): 114-39, 2012
Posted: 27 Jan 2015
Stefanie Walter and Thomas D. Willett
University of Zurich - Institute for Political Science and Claremont Colleges - Robert Day School of Economics and Finance

Abstract:

Exchange-rate politics, delayed devaluation, political economy of adjustment, policy preferences, political institutions, currency crisis

17.

The Discipline Effects of Fixed Exchange Rates: The Distinction between Hard and Soft Pegs

Global Economic Review 41(1): 1-31, 2012
Posted: 27 Jan 2015
National Chung Hsing University, DLA Piper, University of Zurich - Institute for Political Science, Claremont Colleges - Robert Day School of Economics and Finance and Claremont Colleges - Robert Day School of Economics and Finance

Abstract:

Hard fixes, Soft pegs, discipline effects, incentive structure, macroeconomic discipline

18.

The Slow Spread of the Global Crisis

Journal of International Commerce, Economics and Policy, Vol. 1, No. 1, pp. 35-58, April 2010
Posted: 01 Jun 2010 Last Revised: 30 May 2011
Thomas D. Willett, Priscilla Liang and Nan Zhang
Claremont Colleges - Robert Day School of Economics and Finance, California State University, Channel Islands and Claremont Colleges - Claremont Graduate University

Abstract:

Financial Crisis, Contagion

19.

Capital Mobility for Developing Countries May Not Be So High

Journal of Development Economics, Vol. 68, No. 2, pp. 421-434, 2002
Posted: 01 Feb 2003
Thomas D. Willett, M. Keil and Young Seok Ahn
Claremont Colleges - Robert Day School of Economics and Finance, Claremont Colleges - Robert Day School of Economics and Finance and Korea Development Institute (KDI) - Office of Research Planning & Coordination

Abstract:

Sterilization, Capital mobility, Developing countries