Publications & Papers by Robert M. Townsend

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Incentive-Compatible Unemployment Reinsurance for the Euro Area

Karaivanov, Alexander, Benoit Mojon, Luiz Pereira da Silva, Albert Pierres Tejada and Robert M Townsend
April 2024

Public Ownership and Anti-Preemption

Juliano Assuncao, Sergey Mityakov, Robert M. Townsend
March 2024

Zero Settlement Risk Token Systems

Michael Junho Lee, Antoine Martin, and Robert M. Townsend
January 2024
Development Economics

Propagation and Insurance in Village Networks

American Economic Review
Cynthia Kinnan, Krislert Samphantharak. Robert M. Townsend, Diego Vera-Cossio
January 2024

Optimal Design of Tokenized Markets

Michael Junho Lee, Antoine Martin, and Robert M. Townsend
January 2024

Rent-Seeking Platforms

Rodney J. Garratt, Michael Junho Lee, Antoine Martin, Robert M. Townsend
November 2023

Interactions of Formal and Informal Insurance

Hong Ru and Robert M. Townsend
September 2023

Digital Safety Nets: A Roadmap

BIS WP No. 139
Karaivanov, Alexander, Benoit Mojon, Luiz A Pereira da Silva and Robert M Townsend
September 2023

Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality

Journal of Political Economy, 131 (8): 2209-2278, 2023
Yan Ji, Songyuan Teng, Robert M. Townsend
August 2023

Tiered Intermediation in Business Groups

Yu Shi, Robert M. Townsend, Wu Zhu
July 2023

Bank Branching Strategies in the 1997 Thai Financial Crisis and Local Access to Credit

Marc Rysman, Robert M. Townsend, and Christoph Walsh
July 2023
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From Micro to Macro Development

Journal of Economic Literature, 61 (2): 471-503, 2023
Francisco J. Buera, Joseph P. Kaboski, Robert M. Townsend
June 2023
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Technologies that replace a 'central planner'

AEA Papers and Proceedings, 113 (May): 257-262, 2023
Robert M. Townsend and Nicolas XY. Zhang
May 2023

Inequality and Globalization: Improving Measurement Through Integrated Financial Accounts

Forthcoming from Princeton University Press
Archawa Paweenawat and Robert M. Townsend
May 2023

Rise of Bank Competition: Evidence from Banking Deregulation in China

Haoyu Gao, Hong Ru, Robert M. Townsend, Xiaoguang Yang
March 2023

A Multi-Currency Exchange and Contracting Platform

IMF Working Paper No. WP/22/217
Tobias Adrian, Federico Grinberg, Tommaso Mancini-Griffoli, Robert M. Townsend, and Nicolas Zhang
November 2022