Veronica Cacdac Warnock

Senior Lecturer
Fellow, Batten Institute
Darden Graduate School of Business

University of Virginia
100 Darden Blvd.
P.O. Box 6550
Charlottesville, VA 22906-6550
warnockm at

HOME ǁ Research ǁ Teaching ǁ Miscellaneous ǁ Links  ǁ 

Current and Recent Courses

Global Sustainability in Practice: Philippines (Darden,  Spring 2013)
Markets in Human Hope (Darden, Academic Year 2012-13)
Markets and Society (Asian Institute of Management, Fall 2010 )

Research Interests

Housing Finance Systems
Social Metrics
US Social Services Systems
Mobile Money

Upcoming and Recent Conferences

Sydney, Australia -- RBA/BIS Property Markets and Financial Stability Conference (August 19-21, 2012)
Manila, Philippines -- World Bank/HUDCC/Philippine Urban Consortium -- WB Knowledge Sharing Event: Housing Finance and Financial Stability (March 28 & 29, 2012)
Hong Kong SAR, China -- BIS Research Seminar on Housing Finance and Financial Stability (March 23, 2012)
New Delhi, India -- NIPFP -- Macro/Finance 9th Research Meeting (March 15-16, 2012)
Sydney, Australia -- UNSW -- 24th Australasian Finance and Banking Conference (December 14-16, 2011)
Wellington, New Zealand -- RBNZ, ANU, Univ of Auckland Business School -- Macro Policies after the Crisis (December 12-13, 2011)
Dublin, Ireland -- Trinity College Dublin --  Seminar on Mobile Banking in South Asia (October 24, 2011)
Manila, Philippines -- AIM -- Housing and Housing Finance Forum II (September 8, 2011)
Singapore -- MAS/BIS Joint Workshop on Property Markets and Financial Stability (September 5-6, 2011)
Seoul, South Korea --  BoK/IMF -- Managing Real Estate Booms and Busts (April 11-12, 2011)
Charlottesville, Virginia --  Darden Net Impact -- People + Planet = Profit:  Rewriting the Business Equation (February 1-2, 2011)
Manila, Philippines -- AIM -- Taking Stock of Housing and Housing Finance in the Philippines (December 7, 2010)
Bogota, Colombia -- Asobancaria -- II Foro de Vivienda: Una Tarea de Todos: Un Techo para Todos  (December 3, 2010)

Selected Papers and Publications

Chapter 146. Overview: Mortgage Market Functioning
with F. Warnock
Elsevier's International Encyclopedia of Housing and Home, July 2012.

Chapter 7. Too Small to Thrive: Housing Finance Market
with A. Galindo, A. Rebucci, and F. Warnock
2012 DIA -- Room for Development: Housing Markets in Latin America and the Caribbean, April 2012

Investing in Local Currency Bond Markets
with J. Burger and F. Warnock
Financial Analysts' Journal 68 (4): 73-93, 2012
NBER Working Paper Number 16429, 2011

International Capital Flows and U.S. Interest Rates
with F. Warnock
Journal of International Money and Finance, 2009, 28: 903-919

Markets and Housing Finance

with F. Warnock
Journal of Housing Economics, 2008, 17(3):239-251.

Brief Biography

Veronica Warnock is Senior Lecturer and Batten Institute Fellow at the University of Virginia's Darden School of Business. She co-teaches a graduate course called Markets in Human Hope. At the core of Veronica’s research is financial sector development, with a focus on housing finance, bond market development, and inclusive banking.

Veronica also serves as consultant to international and research organizations including the Inter-American Development Bank, the World Bank, the Bank for International Settlements, and ShoreBank International.

Veronica has held visiting positions at the Asian Institute of Management, HKMA's Hong Kong Institute for Monetary Research, and IIIS at Trinity College Dublin. She has taught urban economics and development courses for the Urban and Environmental Planning Department at UVA's School of Architecture and for ISE's Semester-at-Sea Fall 2008 voyage.

Previously, Veronica was Senior Economist and Director at the Mortgage Bankers Association (of America) and Research Associate at Haver Analytics, Inc.  

Veronica Warnock holds a Ph.D. in Economics from Fordham University and an A.B. in Economics from Ateneo de Manila University.

Copyright 2013 MVCW