Publications & Papers by Robert M. Townsend

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Spatial Competition among Financial Service Providers and Optimal Contract Design

Robert M. Townsend, Victor V. Zhorin
December 2014

A Market Based Solution to Price Externalities: A Generalized Framework

Weerachart T. Kilenthong, Robert M. Townsend
August 2014

Segregated Security Exchanges with Ex Ante Rights to Trade: A Market-Based Solution to Collateral-Constrained Externalities

Weerachart Tee Kilenthong, Robert M. Townsend
April 2014
Behavioral Economics, Health Economics, Labor Economics, Public Economics

The Great Equalizer: Health Care Access and Infant Mortality in Thailand

American Economic Journal: Applied Economics, 6(1), 91-107.
Jonathan Gruber, Nathan Hendren, Robert M. Townsend
January 2014
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Sources

2004 Working Version

An Evaluation of Financial Institutions: Impact on Consumption and Investment Using Panel Data and the Theory of Risk-Bearing

Journal of Econometrics, 183(1): 91-103
Mauro Alem, Robert M. Townsend
January 2014

Accounting for the Poor

American Journal of Agricultural Economics 95(5): 1196-1208
Robert M. Townsend
October 2013
Econometrica

Dynamic Financial Constraints: Distinguishing Mechanism Design from Exogenously Incomplete Regimes

Econometrica, 82(3): 887–959
Alexander Karaivanov, Robert M. Townsend
July 2013

Sources

Working Paper

Heterogeneity and Risk-Sharing in Village Economies

Quantitative Economics 5(1): 1-27
Pierre-Andr´e Chiappori, Krislert Samphantharak, Sam Schulhofer-Wohl, Robert M. Townsend
June 2013
American Economic Review

Kinship and Financial Networks, Formal Financial Access and Risk Reduction

American Economic Review 102(3): 289-93
Cynthia Kinnan, Robert Townsend
May 2013
Chronicles from the Field: The Townsend Thai Project

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Chronicles from the Field: The Townsend Thai Project

MIT Press
Rob Jordan, Sombat Sakunthasathien, Robert M. Townsend
April 2013
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Barriers to Household Risk Management: Evidence from India

American Economic Journal: Applied Economics 5(1): 104-35
Shawn Cole, Xavier Giné, Jeremy Tobacman, Petia Topalova, Robert Townsend, James Vickery
January 2013

The Impact of Climate Change on Rice Production: Heterogeneity and Uncertainty

Kamilya Tazhibayeva, Robert M. Townsend
December 2012
American Economic Review

Village Economic Accounts: Real and Financial Intertwined

American Economic Review 102(3): 441-46
Archawa Paweenawat, Robert M. Townsend
May 2012
Econometrica

A Structural Evaluation of a Large-Scale Quasi-Experimental Microfinance Initiative

Econometrica 79(5): 1357-1406
Joseph Kaboski, Robert M. Townsend
September 2011
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Measuring the Return on Household Enterprise: What Matters Most for Whom?

Journal of Development Economics 98(1): 58-70
Krislert Samphantharak, Robert M. Townsend
August 2011
Quarterly Journal of Economics

Sources

Working Paper

The Geographic Concentration of Enterprise in Developing Countries

Quarterly Journal of Economics 126 (4): 2005-2061
John Felkner, Robert M. Townsend
August 2011
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The Impact of Credit on Village Economies

American Economic Journal: Applied Economics 4(2): 98-133
Robert M. Townsend
June 2011
book cover

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Financial Systems in Developing Economies: Growth, Inequality, and Policy Evaluation in Thailand

Oxford University Press
Robert M. Townsend
March 2011