Publications & Papers by Robert M. Townsend

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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
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Evaluation of Financial Liberalization: A General Equilibrium Model with Constrained Occupation Choice

Journal of Development Economics 74(2): 269-304
Xavier Gine, Robert M. Townsend
August 2004

Sampling Design for an Integrated Socioeconomic and Ecological Survey by Using Satellite Remote Sensing and Ordination

Proceedings of the National Academy of Sciences 101(31): 11517-11522
Michael W. Binford, Tae Jeong Lee, Robert M. Townsend
August 2004
Journal of Corporate Finance

Entrepreneurship and Financial Constraints in Thailand

Journal of Corporate Finance 10(2): 229-262
Anna L. Paulson, Robert M. Townsend
March 2004

Financial Markets and Poverty: An Algorithm for Policy-based Research and Research-based Policy

Chapter in: Proceedings of 2004 Inter-American Development Bank Conference
proceedings of 2004 Inter-American Development Bank conference
January 2004
Journal of the European Economic Association

Micro Credit and Mechanism Design

Journal of the European Economic Association, Papers and Proceedings of the Seventeenth Annual Congress of the European Economic Association 1(2-3): 468-477
Robert M. Townsend
May 2003
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Collective Organizations versus Relative Performance Contracts: Inequality, Risk Sharing, and Moral Hazard

Journal of Economic Theory 103(2): 282-310
Edward S. Prescott, Robert M. Townsend
April 2002