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Publications & Papers by
Robert M. Townsend
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Research Fields
Behavioral Economics
Development Economics
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Type
Books
Publications
Working Papers
Rise of Bank Competition: Evidence from Banking Deregulation in China
Haoyu Gao, Hong Ru, Robert M. Townsend, Xiaoguang Yang
March 2023
Bank Branching Strategies in the 1997 Thai Financial Crisis and Local Access to Credit
Marc Rysman, Robert M. Townsend, and Christoph Walsh
February 2023
Technologies that replace a 'central planner'
Robert M. Townsend and Nicolas XY. Zhang
January 2023
Sources
News Release on LinkedIn
IMF Working Paper
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
Sources
Published Paper Open Access
Prepublication version
The Village Money Market Revealed: Financial Access and Credit Chain Links Between Formal and Informal Sectors
Annual Review of Financial Economics, 14 (Nov): 1-20, 2022
Parit Sripakdeevong, Robert M. Townsend
November 2022
Sources
Prepublication Version
Online Appendix
Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality
Forthcoming, Journal of Political Economy
Yan Ji, Songyuan Teng, Robert M. Townsend
October 2022
Liquidity, Financial Centrality and the Value of Key Players
Chandrasekhar, Arun G., Robert M. Townsend, Juan Pablo Xandri
July 2022
Sources
IDB Research Insights
Propagation and Insurance in Village Networks
IDB Discussion Paper No. IDB-DP-960
Cynthia Kinnan, Krislert Samphantharak. Robert M. Townsend, Diego Vera-Cossio
July 2022
Resource Allocation in Bank Supervision: Trade-offs and Outcomes
Journal of Finance, 77 (3): 1685-1736
Thomas M. Eisenbach, David O. Lucca, and Robert M. Townsend
June 2022
Public Ownership and Anti-Preemption
Juliano Assuncao, Sergey Mityakov, Robert M. Townsend
March 2022
Optimal Design of Tokenized Markets
Michael Junho Lee, Antoine Martin, and Robert M. Townsend
February 2022
Risk-taking over the Life Cycle: Aggregate and Distributive Implications of Entrepreneurial Risk
Dejanir H. Silva, Robert M. Townsend
February 2022
Kinship Networks Enhanced by a Formal Financial Intervention: Costly State Verification and the Thai Village Fund
Hong Ru and Robert M. Townsend
January 2022
Inequality and Globalization: Measurement Through the Lens of Integrated Financial Accounts
Gorman Manuscript
Archawa Paweenawat and Robert M. Townsend
September 2021
From Micro to Macro Development
Francisco J. Buera, , Joseph P. Kaboski, Robert M. Townsend
June 2021
Tiered Intermediation in Business Groups and Targeted SME Support
Yu Shi, Robert M. Townsend, Wu Zhu
March 2021
Sources
Online Appendix
Prepublication pdf
A Market Based Solution for Fire Sales and Other Pecuniary Externalities
Journal of Political Economy, 129 (4): 981–1010
Weerachart T. Kilenthong and Robert M. Townsend
January 2021
Zero Settlement Risk Token Systems
Michael Junho Lee, Antoine Martin, and Robert M. Townsend
January 2021
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