Publications & Papers by Robert M. Townsend

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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

Targeting Credit and Insurance: Efficiency, Mechanism Design, and Program Evaluation

World Bank discussion paper #47, Education and Social Policy Department
Mansoora Rashid, Robert M. Townsend
November 1994
Econometrica

Risk and Insurance in Village India

Econometrica 62(3): 539-591
Robert M. Townsend
May 1994

Community Development Banking and Financial Institutions Act: A Critique with Recommendations

Chapter In The Declining Role of Banking, Proceedings of The 30th Annual Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago, 538-546
Robert M. Townsend
May 1994
The Medieval Village Economy: A Study of the Pareto Mapping in General Equilibrium Models

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The Medieval Village Economy: A Study of the Pareto Mapping in General Equilibrium Models

Princeton University Press
Robert M. Townsend
July 1993

Asymmetric Information in General Equilibrium Models

Chapter in In General Equilibrium 40th Anniversary Conference, CORE, 126-134
Robert M. Townsend
June 1993

Understanding the Structure of Village and Regional Economies

Chapter in: Contract Economics, Basil Blackwell, Oxford, Lars Werin and Hans Wijkander (eds): 114-148
Robert M. Townsen
October 1992