Publications & Papers by Robert M. Townsend

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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
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Selection Into and Across Credit Contracts: Theory and Field Research

Journal of Econometrics 136(2): 665-98
Christian Ahlin, Robert M. Townsend
February 2007

Sources of TFP Growth: Occupational Choice and Financial Deepening

Economic Theory Special Edition Honoring Edward Prescott 32(1): 179-221
Hyeok Jeong, Robert M. Townsend
January 2007
Journal of Political Economy

Firms as Clubs in Walrasian Markets with Private Information

Journal of Political Economy 114(4): 644-671
Edward Simpson Prescott, Robert M. Townsend
August 2006
Journal of Political Economy

Distinguishing Limited Liability from Moral Hazard in a Model of Entrepreneurship

Journal of Political Economy 114(1): 100-144
Alex Karaivanov, Anna L. Pauson, Robert M. Townsend.
February 2006
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Village and Larger Economies: The Theory and Measurement of the Townsend Thai Project

Journal of Economic Perspectives. Vol. 3, No. 30
Robert M. Townsend
January 2006
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Dynamic Mechanism Design with Hidden Income and Hidden Auctions

Journal of Economic Theory 126(1): 235-285
Matthias Doepke, Robert M. Townsend
January 2006

Private Information and Intertemporal Job Assignments

Review of Economic Studies 73(2): 531-548
Edward Simpson Prescott, Robert M. Townsend
January 2006
Review of Economic Studies

Financial Deepening, Inequality, and Growth: A Model-Based Quantitative Evaluation

Review of Economic Studies 73(1): 251-293
Robert M. Townsend, Kenichi Ueda
January 2006

Networks and Finance in Ethnic Neighborhoods

Chapter in: Credit Markets for the Poor, Patrick Bolton and Howard Rosenthal, eds., Russell Sage Foundation, New York: New York: 179-198
Robert M. Townsend
June 2005

Financial Constraints and Entrepreneurship: Evidence from the Thai Financial Crisis

Economic Perspectives, Federal Reserve Bank of Chicago, Third Quarter, 29: 34-48
Anna L. Paulson and Robert M. Townsend
January 2005
Journal of the European Economic Association

Policies and Impact: An Evaluation of Village-Level Microfinance Institutions

Journal of the European Economic Association 3(1): 1-50
Joseph P. Kaboski and Robert M. Townsend
January 2005

An Evaluation of Safety Nets and Financial Institutions in Crisis and Growth

Mauro Alem and Robert M. Townsend
August 2004