Publications & Papers by Robert M. Townsend

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Information-Constrained Optima with Retrading: An Externality and Its Market-Based Solution

Journal of Economic Theory 146(3): 1042-1077
Weerachart T. Kilenthong, Robert M. Townsend
November 2010

Sources

World Bank Policy Research Working Paper No. 5459

Microinsurance: A Case Study of the Indian Rainfall Index Insurance Market - WP

Handbook of the Indian Economy , 2012: Oxford University Press, pp. 167-194, Ghate, Chetan (ed.)
Xavier Giné, Lev Menand, Robert Townsend, James Vickery
October 2010
Macroeconomic Dynamics

Measuring the Impact of Financial Intermediation: Linking Contract Theory to Econometric Policy Evaluation

Macroeconomic Dynamics 13 (S2): 268-316
Robert M. Townsend, Sergio Urzua
April 2010

Rainfall Insurance in Semi-Arid India: Contract Design, Household Participation and Future Prospects

Chapter in: Weather Risk Management, K. Tang (ed.), London: Risk Books
Xavier Gine, Robert M. Townsend, and James Vickery
March 2010
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Wealth Accumulation and Factors Accounting for Success

Journal of Econometrics. 161(1): 56-81
Anan Pawasutipaisit, Robert M. Townsend
February 2010

Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics

Annual Review of Economics. Ed. Kenneth Arrow and Timothy Bresnahan. Vol. 2: 507-546
Robert M. Townsend
January 2010

Monetary Theory and Electronic Money: Reflections on the Kenyan Experience

Economic Quarterly 96(1): 83-122
William Jack, Tavneet Suri, Robert M. Townsend
January 2010
Households as Corporate Firms: An Analysis of Household Finance Using Integrated Household Surveys and Corporate Financial Accounting

Sources

Purchase

Households as Corporate Firms: An Analysis of Household Finance Using Integrated Household Surveys and Corporate Financial Accounting

Econometric Society Monograph Series No. 46; Cambridge University Press
Krislert Samphantharak, Robert M. Townsend
December 2009

Forecasting when it Matters: Evidence from Semi-Arid India

World Bank mimeo, 2009
Xavier Gine, Robert M. Townsend, James Vickery
August 2009
American Economic Review

Impact of Climate Change on Rice Production in Thailand

American Economic Review 99(2): 1-10
John Felkner, Kamilya Tazhibayeva, Robert M. Townsend
May 2009
International Economic Review

Welfare Gains from Financial Liberalization

International Economic Review 51(3): 553-597
Robert M. Townsend, Kenichi Ueda
April 2009

Entrepreneurial Talent and the Thai Financial Crisis

Anna Paulson, Robert M. Townsend
January 2009

Patterns of Rainfall Insurance Participation in Rural India

The World Bank Economic Review, Volume 22, Issue 3: 539–566
Xavier Giné, Robert M. Townsend, James Vickery
November 2008
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Endogenous Groups and Dynamic Selection in Mechanism Design

Journal of Economic Theory 142(1): 259-93
Gabriel Madeira, Robert M. Townsend
September 2008
Macroeconomic Dynamics

Growth and Inequality: Model Evaluation Based on an Estimation-Calibration Strategy

Macroeconomic Dynamics Special Issue on Inequality 12; Supplement S2: 231-84
Hyeok Jeong, Robert M. Townsend
September 2008
American Journal of Agricultural Economics

Statistical Analysis of Rainfall Insurance Payouts in Southern India

American Journal of Agricultural Economics 89(5): 1248-1254
Xavier Gine, Robert M. Townsend, James Vickery
December 2007
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Using Repayment Data to Test Across Models of Joint Liability Lending

Economic Journal 117(517): F11-F51.B63
Christian Ahlin, Robert M. Townsend
March 2007

Credit, Intermediation and Poverty Reduction

Chapter in: In Understanding Poverty. Eds. Abhijit Banerjee, Roland Benabou, Dilip Mookherjee; Oxford University Press
Robert M. Townsend
February 2007