Publications & Papers by Robert M. Townsend

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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

The Credit Risk Contingency System of an Asian Development Bank

Economic Perspectives 25(3): 31-48
Robert M. Townsend, Jacob Yaron
January 2001

Small Business Finance in Two Chicago Minority Neighborhoods

Economic Perspectives, Second Quarter, Federal Reserve Bank of Chicago, 23: 46-62
Philip Bond, Paul Huck, Sherrie L. W. Rhine, Robert M. Townsend
January 1999
Macroeconomic Dynamics

Liquidity Constraints and Incentive Contracts

Macroeconomic Dynamics 3: 1-47
Andreas Lehnert, Ethan Ligon, Robert M. Townsend
January 1999
Review of Economic Dynamics

General Equilibrium Models of Financial Systems: Theory and Measurement in Village Economies

Review of Economic Dynamics 1(1): 54-118
Youngjae Lim, Robert M. Townsend
January 1998
Review of Economic Dynamics

Mechanism Design and Village Economies: From Credit, to Tenancy, to Cropping Groups

Review of Economic Dynamics 1(1): 119-72
Rolf Mueller, Robert M. Townsend
January 1998
Journal of Financial Services Research

Discrimination in Financial Services: How Should We Proceed?

Journal of Financial Services Research 11: 215–217
Robert M. Townsend
April 1997

Discrimination in Financial Services: How Should We Proceed

Robert M. Townsend
April 1997

Formal and Informal Financial Services

Financial Access in the 21st Century, Proceedings of a Forum, Comptroller of the Currency, Washington, D.C., 17-23
Robert M. Townsend
February 1997

Microenterprise and Macropolicy

Chapter in: Advances in Economics and Econometrics: Theory and Applications, Seventh World Congress, Volume II, David M. Kreps and Kenneth F. Wallis, eds., Cambridge University Press
Robert M. Townsend
January 1997

Formal and Informal Financing in a Chicago Ethnic Neighborhood

Economic Perspectives, Federal Reserve Bank of Chicago 3-27
Philip Bond, Robert M. Townsend
January 1996
Quarterly Journal of Economics

Financial Systems in Northern Thai Villages

Quarterly Journal of Economics 110(4): 1011-1046
Robert M. Townsend
November 1995

Consumption Insurance: An Evaluation of Risk-Bearing Systems in Low-Income Economies

Journal of Economic Perspectives, 9(3): 83-102
Robert M. Townsend
July 1995