Publications & Papers

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Public Economics, Financial Economics

New Evidence that Taxes Affect the Valuation of Dividends

The Journal of Finance 39.5 (1984): 1397-1415
James Poterba and Lawrence Summers
December 1984
Public Economics, Financial Economics

Tax Subsidies to Owner-Occupied Housing: An Asset-Market Approach

The Quarterly Journal of Economics 99.4 (1984): 729-752
James Poterba
November 1984
Public Economics, Financial Economics

The Economic Effects of Dividend Taxation

No. w1353. National Bureau of Economic Research, 1984
James Poterba and Lawrence Summers
May 1984
International Economic Review

General Competitive Analysis in an Economy with Private Information

International Economic Review 25(1): 1-20
Edward C. Prescott, Robert M. Townsend
February 1984
Econometrica

Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard

Econometrica 52(1): 21-45
Edward C. Prescott, Robert M. Townsend
January 1984
American Economic Review

Financial Structure and Economic Activity

American Economic Review 73(5): 895-911
Robert M. Townsend
December 1983
Public Economics, Financial Economics

Unemployment Insurance and Reservation Wages

Journal of Public Economics 23.1 (1984): 141-169
Martin Feldstein and James Poterba
September 1983
Journal of Political Economy

Forecasting the Forecasts of Others

Journal of Political Economy 91(4): 546-587
Robert M. Townsend
August 1983

Equilibrium Theory with Disparate Expectations and Learning: Some Issues and Methods

Chapter in: Individual Forecasting and Aggregate Outcomes: 'Rational Expectations' Examined, Edmund S. Phelps and Roman Frydman, eds., Cambridge University Press
Robert M. Townsend
January 1983

Theories of Intermediated Structures

In the Carnegie-Rochester Conference Series on Public Policy 18, Money, Monetary Policy and Financial Institutions, a supplemental series to the Journal of Monetary Economics
Robert M. Townsend
January 1983
Public Economics, Financial Economics

Dividend Taxes, Corporate Investment, and Q

Journal of Public Economics 22 (1983): 135-167
James Poterba and Lawrence Summers
December 1982
Journal of Political Economy

Optimal Multiperiod Contracts and the Gain from Enduring Relationships under Private Information

Journal of Political Economy 90(6): 1166-1186
Robert M. Townsend
December 1982

Theories of Contract Design and Market Organization: Conceptual Bases for Understanding Futures Markets

Prepared for the Conference on the Industrial Organization of Futures Markets: Structure and Conduct, Columbia University, Lexington Books
Robert M. Townsend
November 1982
Econometrica

Resource Allocation under Asymmetric Information

Econometrica 49(1): 33-69
Robert M. Townsend
June 1981
American Economic Review

Exchange Rates and the Current Account

The American Economic Review
Rudiger Dornbusch, Stanley Fischer
December 1980
Public Economics, Financial Economics

The Price of Popularity: The Political Business Cycle Reexamined

American Journal of Political Science (1980): 696-714
David Golden and James Poterba
November 1980

Models of Money with Spatially Separated Agents

Chapter in: Models of Monetary Economies, John Kareken and Neil Wallace, eds., Federal Reserve Bank of Minneapolis: 265-303
Robert M. Townsend
January 1980

Equilibrium Under Uncertainty: Multi-Agent Statistical Decision Theory

Chapter in: Studies in Bayesian Econometrics and Statistics in Honor of Harold Jeffreys, Arnold Zellner, ed., North-Holland: 169-194
Robert M. Townsend, Edward C. Prescott
January 1980