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Citations of
Robert M. Townsend

For current contact information and a more complete listing of works, please see here

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Working papers

  1. Hyeok Jeong & Robert M. Townsend, 2005. "Discovering the Sources of TFP Growth: Occupational Choice and Financial Deepening," IEPR Working Papers 05.19, Institute of Economic Policy Research (IEPR). [Downloadable!]

    Cited by:

    1. Patrick Musso & Stefano Schiavo, 2007. "The Impact of Financial Constaints on Firm Survival and Growth," Documents de Travail de l'OFCE 2007-37, Observatoire Francais des Conjonctures Economiques (OFCE). [Downloadable!]
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    2. Francesco Caselli & Nicola Gennaioli, 2006. "Dynastic Management," CEP Discussion Papers dp0741, Centre for Economic Performance, LSE. [Downloadable!]
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    3. Pedro S. Amaral & Erwan Quintin, 2005. "Finance Matters," Macroeconomics 0502007, EconWPA. [Downloadable!]
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  2. Hyeok Jeong & Robert M. Townsend, 2005. "Sources of TFP Growth: Occupational Choice and Financial Deepening," IEPR Working Papers 05.28, Institute of Economic Policy Research (IEPR), revised May 2005. [Downloadable!]
    Published as:

    Cited by:

    1. Aterido, Reyes & Hallward-Driemeier, Mary & Pages, Carmen, 2009. "Big constraints to small firms'growth ? business environment and employment growth across firms," Policy Research Working Paper Series 5032, The World Bank. [Downloadable!]
    2. António Antunes & Tiago Cavalcanti & Anne Villamil, 2006. "The Effect of Financial Repression & Enforcement on Entrepreneurship and Economic Development," SCAPE Policy Research Working Paper Series 0610, National University of Singapore, Department of Economics, SCAPE. [Downloadable!]
    3. Stefan Krasa & Tridib Sharma & Anne Villamil, 2008. "Bankruptcy and firm finance," Economic Theory, Springer, vol. 36(2), pages 239-266, August. [Downloadable!] (restricted)
    4. Frederic Mishkin, 2005. "Is Financial Globalization Beneficial?," NBER Working Papers 11891, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    5. Tiago Cavalcanti, 2007. "Business cycle and level accounting: the case of Portugal," Portuguese Economic Journal, Springer, vol. 6(1), pages 47-64, April. [Downloadable!] (restricted)
    6. Carmen Pages & Lucia Madrigal, 2008. "Is Informality a Good Measure of Job Quality? Evidence from Job Satisfaction Data," RES Working Papers 4603, Inter-American Development Bank, Research Department. [Downloadable!]
    7. Marco Cagetti & Mariacristina De Nardi, 2006. "Wealth Inequality: Data and Models," NBER Working Papers 12550, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    8. Pedro S. Amaral & Erwan Quintin, 2005. "Finance Matters," Macroeconomics 0502007, EconWPA. [Downloadable!]
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    9. Francisco J. Buera & Joseph Kaboski & Yongseok Shin, 2009. "Finance and Development: A Tale of Two Sectors," NBER Working Papers 14914, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    10. Kunieda, Takuma, 2008. "Financial Development, Capital Flow, and Income Differences between Countries," MPRA Paper 11342, University Library of Munich, Germany. [Downloadable!]
    11. Hyeok Jeong & Yong Kim, 2005. "Theory and Measurement of Modern Transition," IEPR Working Papers 05.31, Institute of Economic Policy Research (IEPR). [Downloadable!]
    12. HOSONO Kaoru, 2009. "Financial Crisis, Firm Dynamics and Aggregate Productivity in Japan," Discussion papers 09012, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
    13. Hajime Tomura, 2007. "Firms Dynamics, Bankruptcy Laws and Total Factor Productivity," Working Papers 07-17, Bank of Canada. [Downloadable!]
    14. Vincenzo Quadrini, 2009. "Entrepreneurship in macroeconomics," Annals of Finance, Springer, vol. 5(3), pages 295-311, June. [Downloadable!] (restricted)
    15. Costas Azariadis & Leo Kaas, 2007. "Is dynamic general equilibrium a theory of everything?," Economic Theory, Springer, vol. 32(1), pages 13-41, July. [Downloadable!] (restricted)
    16. Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2009. "Financial Openness and Productivity," NBER Working Papers 14843, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    17. Demirguc-Kunt, Asli & Levine, Ross, 2009. "Finance and inequality : theory and evidence," Policy Research Working Paper Series 4967, The World Bank. [Downloadable!]
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    18. Hosny Zoabi, 2007. "Talent Utilization, a Source of Bias in Measuring TFP," Economics Working Papers ECO2007/27, European University Institute. [Downloadable!]
    19. Hyeok Jeong & Yong Kim, 2006. "Complementarity and Transition to Modern Economic Growth," IEPR Working Papers 06.44, Institute of Economic Policy Research (IEPR). [Downloadable!]

  3. Doepke, Matthias & Townsend, Robert M, 2004. "Dynamic Mechanism Design with Hidden Income and Hidden Auctions," CEPR Discussion Papers 4455, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    Cited by:

    1. Hugo Hopenhayn & Arantxa Jarque, . "Unobservable Persistent Productivity and Long Term Contracts," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics. [Downloadable!] (restricted)
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    2. Stefania Albanesi & Christopher Sleet, 2004. "Dynamic optimal taxation with private information," Discussion Paper / Institute for Empirical Macroeconomics 140, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    3. Pierre Dubois & Bruno Jullien & Thierry Magnac, 2007. "Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence," IZA Discussion Papers 2842, Institute for the Study of Labor (IZA). [Downloadable!]
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    4. Johannes Horner & Larry Samuelson, 2009. "Incentives for Experimenting Agents," Cowles Foundation Discussion Papers 1726, Cowles Foundation, Yale University. [Downloadable!]
    5. Mikhail Golosov & Aleh Tsyvinski, 2006. "Optimal Taxation with Endogenous Insurance Markets," Levine's Bibliography 784828000000000445, UCLA Department of Economics. [Downloadable!]
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    6. Arpad Abraham & Nicola Pavoni, 2008. "Efficient Allocations with Moral Hazard and Hidden Borrowing and Lending: A Recursive Formulation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 781-803, October. [Downloadable!] (restricted)
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    7. Heski Bar-Isaac & Vicente Cuñat, 2005. "Long Term Debt with Hidden Borrowing," Economics Working Papers 803, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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    8. Alexander Karaivanov, 2003. "Financial Contracts and Occupational Choice," Computing in Economics and Finance 2003 25, Society for Computational Economics. [Downloadable!]
    9. Abraham Arpad & Nicola Pavoni, 2004. "Efficient Allocations, with Moral Hazard and Hidden Borrowing and Lending," Levine's Bibliography 122247000000000138, UCLA Department of Economics. [Downloadable!]
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    10. Narayana Kocherlakota, 2004. "Figuring out the Impact of Hidden Savings on Optimal Unemployment Insurance," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 541-554, July. [Downloadable!] (restricted)

  4. Christian Ahlin & Robert Townsend, 2003. "Selection into and across Credit Contracts: Theory and Field Research," Working Papers 0323, Department of Economics, Vanderbilt University. [Downloadable!]

    Cited by:

    1. Giné, Xavier & Karlan, Dean S., 2007. "Group versus Individual Liability: A Field Experiment in the Philippines," CEPR Discussion Papers 6193, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  5. Gine, Xavier & Townsend, Robert M., 2003. "Evaluation of financial liberalization : a general equilibrium model with constrained occupation choice," Policy Research Working Paper Series 3014, The World Bank. [Downloadable!]
    Published as:

    Cited by:

    1. Robert M. Townsend & Kenichi Ueda, 2007. "Welfare Gains from Financial Liberalization," IMF Working Papers 07/154, International Monetary Fund. [Downloadable!]
    2. Anna L. Paulson & Robert Townsend, 2003. "Distinguishing limited commitment from moral hazard in models of growth with inequality," Working Paper Series WP-03-06, Federal Reserve Bank of Chicago. [Downloadable!]
    3. Francesco Caselli & Nicola Gennaioli, 2006. "Dynastic Management," CEP Discussion Papers dp0741, Centre for Economic Performance, LSE. [Downloadable!]
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    4. François Bourguignon & Amedeo Spadaro, 2006. "Microsimulation as a Tool for Evaluating Redistribution Policies," Working Papers 20, ECINEQ, Society for the Study of Economic Inequality. [Downloadable!]
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    5. Francisco J. Buera & Joseph Kaboski & Yongseok Shin, 2009. "Finance and Development: A Tale of Two Sectors," NBER Working Papers 14914, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    6. Hyeok Jeong & Robert M. Townsend, 2003. "Growth and Inequality: Model Evaluation Based on an Estimation-Calibration Strategy," IEPR Working Papers 05.10, Institute of Economic Policy Research (IEPR). [Downloadable!]
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    7. Eric Bond & James R. Tybout & Hâle Utar, 2008. "Credit Rationing, Risk Aversion and Industrial Evolution in Developing Countries," NBER Working Papers 14116, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    8. Zhorin, Victor & Stef-Praun, Tiberiu, 2008. "Grid-enabled estimation of structural economic models," MPRA Paper 11384, University Library of Munich, Germany. [Downloadable!]
    9. Demirguc-Kunt, Asli & Levine, Ross, 2009. "Finance and inequality : theory and evidence," Policy Research Working Paper Series 4967, The World Bank. [Downloadable!]
      Other versions:

  6. Hyeok Jeong & Robert M. Townsend, 2003. "Growth and Inequality: Model Evaluation Based on an Estimation-Calibration Strategy," IEPR Working Papers 05.10, Institute of Economic Policy Research (IEPR). [Downloadable!]
    Published as:

    Cited by:

    1. Robert M. Townsend & Kenichi Ueda, 2007. "Welfare Gains from Financial Liberalization," IMF Working Papers 07/154, International Monetary Fund. [Downloadable!]
    2. Mathan Satchi & Jonathan Temple, 2006. "Growth and labour markets in developing countries," Bristol Economics Discussion Papers 06/581, Department of Economics, University of Bristol, UK. [Downloadable!]
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    3. Robert M. Townsend & Hyeok Jeong, 2004. "Discovering the Sources of TFP Growth: Occupation Choice, Capital Heterogeneity, and Financial Deepening," Econometric Society 2004 North American Summer Meetings 405, Econometric Society. [Downloadable!]
    4. Zhorin, Victor & Stef-Praun, Tiberiu, 2008. "Grid-enabled estimation of structural economic models," MPRA Paper 11384, University Library of Munich, Germany. [Downloadable!]
    5. Hyeok Jeong & Robert M. Townsend, 2005. "Discovering the Sources of TFP Growth: Occupational Choice and Financial Deepening," IEPR Working Papers 05.19, Institute of Economic Policy Research (IEPR). [Downloadable!]
    6. Felipe Diniz, 2005. "Contructing A Broader Measure Of Welfare Incorporating The Access To Public Goods," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33th Brazilian Economics Meeting] 045, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
    7. Hyeok Jeong & Robert M. Townsend, 2005. "Sources of TFP Growth: Occupational Choice and Financial Deepening," IEPR Working Papers 05.28, Institute of Economic Policy Research (IEPR), revised May 2005. [Downloadable!]
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  7. Christian Ahlin & Robert Townsend, 2002. "Using Repayment Data to Test Across Models of Joint Liability Lending," Working Papers 0227, Department of Economics, Vanderbilt University. [Downloadable!]

    Cited by:

    1. Jonathan Conning, 2005. "Monitoring by Peers or by Delegates? Joint Liability Loans and Moral Hazard," Hunter College Department of Economics Working Papers 407, Hunter College: Department of Economics. [Downloadable!]
    2. Christiano A. Coelho & João Manoel Pinho de Mello & Leonardo Rezende, 2007. "Are Public Banks pro-Competitive? Evidence from Concentrated Local Markets in Brazil," Textos para discussão 551, Department of Economics PUC-Rio (Brazil), revised Sep 2007. [Downloadable!]
    3. Rafael Gomez & Eric Santor, 2003. "Do Peer Group Members Outperform Individual Borrowers? A Test of Peer Group Lending Using Canadian Micro-Credit Data," Working Papers 03-33, Bank of Canada. [Downloadable!]
    4. Dean S. Karlan, 2005. "Social Connections and Group Banking," Working Papers 913, Economic Growth Center, Yale University. [Downloadable!]
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    5. Giné, Xavier & Karlan, Dean S., 2007. "Group versus Individual Liability: A Field Experiment in the Philippines," CEPR Discussion Papers 6193, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    6. Christian Ahlin & Robert Townsend, 2003. "Selection into and across Credit Contracts: Theory and Field Research," Working Papers 0323, Department of Economics, Vanderbilt University. [Downloadable!]
    7. Rai, Ashok S. & Klonner, Stefan, 2007. "Cosigners Help," Proceedings of the German Development Economics Conference, Göttingen 2007 18, Verein für Socialpolitik, Research Committee Development Economics. [Downloadable!]
    8. Christian Ahlin & Neville Jiang, 2005. "Can Micro-Credit Bring Development?," Working Papers 05019, Department of Economics, Vanderbilt University. [Downloadable!]

  8. Daniel Aaronson & Raphael Bostic & Paul Huck & Robert Townsend, 2000. "Supplier relationships and small business use of trade credit," Working Paper Series WP-00-28, Federal Reserve Bank of Chicago. [Downloadable!]
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    Cited by:

    1. Paul J. Ferraro & Ronald G. Cummings, 2005. "Cultural Diversity, Discrimination and Economic Outcomes: an experimental analysis," Artefactual Field Experiments 0040, The Field Experiments Website. [Downloadable!]

  9. Edward S. Prescott & Robert M. Townsend, 2000. "Firms as clubs in Walrasian markets with private information," Working Paper 00-08, Federal Reserve Bank of Richmond. [Downloadable!]
    Published as:

    Cited by:

    1. Alexander Karaivanov, 2002. "Computing Moral Hazard Programs With Lotteries Using Matlab," Computational Economics 0201001, EconWPA. [Downloadable!]
    2. Frank Milne & David Kelsey, 2005. "Externalities, Monopoly and the Objective Function of the Firm," Working Papers 1078, Queen's University, Department of Economics. [Downloadable!]
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    3. Robert M. Townsend & Jacob Yaron, 2001. "The credit risk-contingency system of an Asian development bank," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q III, pages 31-48. [Downloadable!]
    4. Alexander Karaivanov, 2003. "Financial Contracts and Occupational Choice," Computing in Economics and Finance 2003 25, Society for Computational Economics. [Downloadable!]
    5. Garratt, Rod & Keister, Todd & Shell, Karl, 2002. "Comparing Sunspot Equilibrium and Lottery Equilibrium Allocations: The Finite Case," Working Papers 02-07, Cornell University, Center for Analytic Economics. [Downloadable!]
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    6. Edward Simpson Prescott & Robert M. Townsend, 2005. "Firms as clubs in Walrasian markets with private information : technical appendix," Working Paper 05-11, Federal Reserve Bank of Richmond. [Downloadable!]
    7. Joon Song, 2007. "Futures Market: Contractual Arrangement to Restrain Moral Hazard in Teams," Economics Discussion Papers 633, University of Essex, Department of Economics. [Downloadable!]
    8. Joao Correia-da-Silva & Carlos Herves-Beloso, 2008. "General equilibrium with private state verification," Levine's Working Paper Archive 814577000000000024, David K. Levine. [Downloadable!]
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    9. CITANNA, Alessandro & CHAKRABORTY, Archishman, 2002. "Occupational Choice, Incentives and Wealth Redistributions with Scarcity of Capital," Les Cahiers de Recherche 788, HEC Paris. [Downloadable!]
    10. CITANNA, Alessandro & CHAKRABORTY, Archishman, 2001. "Occupational Choice, incentives and wealth distribution," Les Cahiers de Recherche 720, HEC Paris. [Downloadable!]
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  10. Lim, Y. & Townsend, R.M., 1997. "General Equilibrium Models of Financial Systems: Theory and Measurement in Village Economies," Papers 9716, Centro de Estudios Monetarios Y Financieros-.
    Published as:

    Cited by:

    1. Dean Yang, 2006. "Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002," NBER Working Papers 12794, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    2. Jin, Yi & Temzelides, Ted, 1998. "On the Local Interaction of Money and Credit," Working Papers 99-05, University of Iowa, Department of Economics. [Downloadable!]
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    3. Marijke Verpoorten, 2007. "Household Coping in war- and peacetime: cattle sales in Rwanda, 1991-2001," LICOS Discussion Papers 18907, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
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    4. Manuela Angelucci & Giacomo De Giorgi, 2006. "Indirect Effects of an Aid Program: The Case of Progresa and Consumption," IZA Discussion Papers 1955, Institute for the Study of Labor (IZA). [Downloadable!]
    5. Morduch, Jonathan, 1999. "Between the State and the Market: Can Informal Insurance Patch the Safety Net?," World Bank Research Observer, Oxford University Press, vol. 14(2), pages 187-207, August. [Downloadable!]
    6. Pushkar Maitra, 2001. "A quantitative analysis of employment guarantee programmes with an application to rural India," Journal of International Trade & Economic Development, Taylor and Francis Journals, vol. 10(2), pages 211-228, June. [Downloadable!] (restricted)

  11. Edward Simpson Prescott & Robert M. Townsend, 1996. "Theory of the firm: applied mechanism design," Working Paper 96-02, Federal Reserve Bank of Richmond. [Downloadable!]

    Cited by:

    1. Alberto Bennardo & Pierre-Andre Chiappori, 2003. "Bertrand and Walras Equilibria Under Moral Hazard," Levine's Working Paper Archive 618897000000000748, David K. Levine. [Downloadable!]
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    2. Jeffrey M. Lacker, 1997. "Clearing, settlement, and monetary policy," Working Paper 97-01, Federal Reserve Bank of Richmond. [Downloadable!]
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    3. Edward S. Prescott, 1997. "Group lending and financial intermediation: an example," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 23-48. [Downloadable!]

  12. Townsend, R., 1996. "Micro Enterprise and Macro Policy," Papers 285, Banca Italia - Servizio di Studi.

    Cited by:

    1. Tim Worrall, 1998. "Risk-Sharing in Village Economies," Keele Department of Economics Discussion Papers (1995-2001) 98/15, Department of Economics, Keele University. [Downloadable!]

  13. Phelan, C. & Townsend, R.M., 1990. "Computing Multiperiod, Information-Constrained Optima," University of Chicago - Economics Research Center 90-13, Chicago - Economics Research Center.
    Published as:

    Cited by:

    1. Youngjae Lim & Robert Townsend, 1998. "General Equilibrium Models of Financial Systems: Theory and Measurement in Village Economies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 59-118, January. [Downloadable!] (restricted)
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    2. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2006. "Markets Versus Governments: Political Economy of Mechanisms," NBER Working Papers 12224, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    3. Hanno Lustig, 2001. "The Market Price of Aggregate Risk and the Wealth Distribution," Finance 0111004, EconWPA, revised 16 Nov 2001. [Downloadable!]
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    4. Radim Bohacek, 2001. "Capital Accumulation in an Economy with Heterogeneous Agents and Moral Hazard," GE, Growth, Math methods 0012001, EconWPA. [Downloadable!]
    5. Mukoyama, Toshihiko & Sahin, Aysegül, 2004. "Repeated Moral Hazard with Persistence," Cahiers de recherche 01-2004, Centre interuniversitaire de recherche en économie quantitative, CIREQ. [Downloadable!]
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    6. Robert J. Shiller, 1997. "Expanding the Scope of Individual Risk Management: Moral Hazard and Other Behavioral Considerations," Cowles Foundation Discussion Papers 1145, Cowles Foundation, Yale University. [Downloadable!]
    7. Anna L. Paulson & Robert Townsend, 2003. "Distinguishing limited commitment from moral hazard in models of growth with inequality," Working Paper Series WP-03-06, Federal Reserve Bank of Chicago. [Downloadable!]
    8. Stefania Albanesi & Christopher Sleet, 2004. "Dynamic optimal taxation with private information," Discussion Paper / Institute for Empirical Macroeconomics 140, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    9. Aubhik Khan & B. Ravikumar, 1999. "Growth and risk-sharing with private information," Working Papers 99-12, Federal Reserve Bank of Philadelphia. [Downloadable!]
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    10. S. Rao Aiyagari, 1993. "Explaining financial market facts: the importance of incomplete markets and transaction costs," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win, pages 17-31. [Downloadable!]
    11. David G. Pearce, 1991. "Repeated Games: Cooperation and Rationality," Cowles Foundation Discussion Papers 983, Cowles Foundation, Yale University. [Downloadable!]
    12. Christopher Phelan, 2005. "Opportunity and social mobility," Staff Report 323, Federal Reserve Bank of Minneapolis. [Downloadable!]
    13. Manuel Santos & Jorge Aseff, . "Stock Options and Managerial Optimal Contracts," Working Papers 2133304, Department of Economics, W. P. Carey School of Business, Arizona State University. [Downloadable!]
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    14. Alexander Karaivanov, 2002. "Computing Moral Hazard Programs With Lotteries Using Matlab," Computational Economics 0201001, EconWPA. [Downloadable!]
    15. Narayana R. Kocherlakota & Luigi Pistaferri, 2007. "Asset Pricing Implications of Pareto Optimality with Private Information," Levine's Bibliography 321307000000000701, UCLA Department of Economics. [Downloadable!]
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    16. S. Rao Aiyagari & Stephen D. Williamson, 1997. "Credit in a Random Matching Model With Private Information," Game Theory and Information 9705005, EconWPA. [Downloadable!]
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    17. Christopher Phelan, 2003. "Opportunity and Social Mobility," Levine's Bibliography 666156000000000379, UCLA Department of Economics. [Downloadable!]
    18. Alessandra Casella, 2002. "Storable Votes," NBER Working Papers 9189, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    19. Radim Bohacek, 2001. "Capital Accumulation And Moral Hazard In An Economy With Heterogeneous Agents," CeNDEF Workshop Papers, January 2001 1B.2, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    20. Michael T. Kiley, 2003. "How should unemployment benefits respond to the business cycle?," Finance and Economics Discussion Series 2003-01, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
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    21. Ana Fernandes & Christopher Phelan, 1999. "A recursive formulation for repeated agency with history dependence," Staff Report 259, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    22. Borys Grochulski, 2008. "Optimal personal bankruptcy design : A Mirrlees approach," Working Paper 08-05, Federal Reserve Bank of Richmond. [Downloadable!]
    23. S. Rao Aiyagari & Stephen D. Williamson, 1998. "Money and Dynamic Credit Arrangements with Private Information," Game Theory and Information 9802002, EconWPA. [Downloadable!]
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    24. Pavoni, Nicola & Violante, Giovanni L, 2006. "Optimal Welfare-to-Work Programs," CEPR Discussion Papers 5937, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    25. Stephen D. Williamson, 1998. "Payments Systems with Random Matching and Private Information," Game Theory and Information 9802004, EconWPA. [Downloadable!]
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    26. Arpad Abraham & Nicola Pavoni, 2008. "Efficient Allocations with Moral Hazard and Hidden Borrowing and Lending: A Recursive Formulation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 781-803, October. [Downloadable!] (restricted)
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    27. Céline Gauthier & Michel Poitevin, 1995. "Using Ex Ante Payments in Self-Enforcing Risk-Sharing Contracts," CIRANO Working Papers 95s-02, CIRANO. [Downloadable!]
    28. Alexander Karaivanov, 2003. "Financial Contracts and Occupational Choice," Computing in Economics and Finance 2003 25, Society for Computational Economics. [Downloadable!]
    29. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2007. "Political Economy of Mechanisms," Working Papers CAS_RN_2007_2, Laboratory for Macroeconomic Analysis. [Downloadable!]
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    30. Alexander Monge-Naranjo & Javier Cascante & Luis J. Hall, 2001. "Enforcement, Contract Design, and Default: Exploring the Financial Markets of Costa Rica," RES Working Papers 3126, Inter-American Development Bank, Research Department. [Downloadable!]
    31. Cheng Wang, 2000. "Renegotiation-Proof Dynamic Contracts with Private Information," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(3), pages 396-422, July. [Downloadable!] (restricted)
    32. Abraham Arpad & Nicola Pavoni, 2004. "Efficient Allocations, with Moral Hazard and Hidden Borrowing and Lending," Levine's Bibliography 122247000000000138, UCLA Department of Economics. [Downloadable!]
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    33. Orazio Attanasio & Steven J. Davis, 1994. "Relative Wage Movements and the Distribution of Consumption," NBER Working Papers 4771, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    34. Williamson, Stephen D. & Wang, Cheng, 1999. "Moral Hazard, Optimal Unemployment Insurance, and Experience Rating," Working Papers 99-03, University of Iowa, Department of Economics. [Downloadable!]
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    35. Rasmus Lentz & Torben Tranaes, 2001. "Job Search and Savings: Wealth Effects and Duration Dependence," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    36. Matthias Messner & Nicola Pavoni, 2004. "On the Recursive Saddle Point Method," Levine's Bibliography 122247000000000050, UCLA Department of Economics. [Downloadable!]
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    37. Wen-Fang Liu, 1998. "Heterogeneous Agent Economies with Knightian Uncertainty," Discussion Papers in Economics at the University of Washington 0053, Department of Economics at the University of Washington. [Downloadable!]
    38. John H. Cochrane & Lars Peter Hansen, 1993. "Asset Pricing Explorations for Macroeconomics," NBER Working Papers 4088, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    39. Stephen Williamson & Cheng Wang, 1995. "Unemployment Insurance with Moral Hazard in a Dynamic Economy," Macroeconomics 9506002, EconWPA. [Downloadable!]
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    40. Peter M. DeMarzo & Yuliy Sannikov, 2004. "A Continuous-Time Agency Model of Optimal Contracting and Capital Structure," NBER Working Papers 10615, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    41. William D. Dupor & Andreas Lehnert, 2002. "Increasing returns and optimal oscillating labor supply," Finance and Economics Discussion Series 2002-22, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    42. Christopher Phelan, 2002. "Inequality and fairness," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Spr. [Downloadable!]
    43. Ethan Ligon, 1996. "Risk-Sharing and Information: Theory and Measurement in Village Economies," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series 824, Department of Agricultural & Resource Economics, UC Berkeley. [Downloadable!]
    44. Robert Townsend & Rolf Mueller, 1998. "Mechanism Design and Village Economies: From Credit, to Tenancy, to Cropping Groups," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 119-172, January. [Downloadable!] (restricted)
    45. S. Rao Aiyagari, 1994. "Macroeconomics with frictions," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum, pages 24-40. [Downloadable!]
    46. Andreas Lehnert, 1998. "Asset pooling, credit rationing, and growth," Finance and Economics Discussion Series 1998-52, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    47. Radim Bohacek, 2000. "Capital Accumulation in an Economy with Heterogeneous Agents and Moral Hazard," CERGE-EI Working Papers wp165, The Center for Economic Research and Graduate Education - Economic Institute, Prague. [Downloadable!]

  14. Robert Townsend & Neil Wallace, 1982. "A model of circulating private debt," Staff Report 83, Federal Reserve Bank of Minneapolis. [Downloadable!]

    Cited by:

    1. Costas Azariadis & James Bullard & Bruce Smith, 2000. "Private and public circulating liabilities," Working Papers 2000-012, Federal Reserve Bank of St. Louis. [Downloadable!]
      Other versions:

  15. Robert Townsend, 1979. "Optimal contracts and competitive markets with costly state verification," Staff Report 45, Federal Reserve Bank of Minneapolis. [Downloadable!]
    Published as:

    Cited by:

    1. Ambec, S., 2004. "On the governance of start-ups," Working Papers 200406, Grenoble Applied Economics Laboratory (GAEL). [Downloadable!]
    2. Acharya, Viral V., 2009. "A Theory of Systemic Risk and Design of Prudential Bank Regulation," CEPR Discussion Papers 7164, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
      Other versions:
    3. Matthew F. Mitchell & Andrea Moro, 2006. "Persistent Distortionary Policies with Asymmetric Information," American Economic Review, American Economic Association, vol. 96(1), pages 387-393, March. [Downloadable!]
    4. Greenwood, Jeremy & Sanchez, Juan M & Wang, Cheng, 2007. "Financing Development: The Role of Information Costs," Staff General Research Papers 12848, Iowa State University, Department of Economics. [Downloadable!]
      Other versions:
    5. Nandini Gupta & Kathy Yuan, 2003. "Financial Dependence, Stock Market Liberalizations, and Growth," William Davidson Institute Working Papers Series 2003-562, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
    6. Karel Janda, 2007. "Optimal Debt Contracts In Emerging Markets With Multiple Investors," Prague Economic Papers, University of Economics, Prague, vol. 2007(2), pages 115-129. [Downloadable!] (restricted)
    7. Aaron Tornell, 2003. "Soft Landings (February 2000), with Martin Schneider," UCLA Economics Online Papers 241, UCLA Department of Economics. [Downloadable!]
    8. M. Martin Boyer, 2001. "Contracting under Ex Post Moral Hazard and Non-Commitment," CIRANO Working Papers 2001s-30, CIRANO. [Downloadable!]
    9. Jeffrey M. Lacker, 1998. "Collateralized debt as the optimal contract," Working Paper 98-04, Federal Reserve Bank of Richmond. [Downloadable!]
      Other versions:
    10. Hans Gersbach, 2002. "Financial Intermediation and the Creation of Macroeconomic Risks," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    11. Bhagwan Chowdhry, 1991. "Defaults and Interest Rates in International Lending," University of California at Los Angeles, Anderson Graduate School of Management 1170, Anderson Graduate School of Management, UCLA. [Downloadable!]
    12. Keith Blackburn & Niloy Bose & Salvatore Capasso, 2003. "Financial Development, Financing Choice and Economic Growth," CSEF Working Papers 96, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
      Other versions:
    13. Nabi, Mahmoud Sami & Suliman, Mohamed Osman, 2008. "The Institutional Environment and the Banking - Growth Nexus: Theory and Investigation for MENA," MPRA Paper 11854, University Library of Munich, Germany. [Downloadable!]
    14. Marco Pagano, 2005. "The Modigliani-Miller Theorems: A Cornerstone of Finance," CSEF Working Papers 139, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
    15. Hege, U. & Viala, P., 1997. "Contentious contracts," Discussion Paper 109, Tilburg University, Center for Economic Research. [Downloadable!]
      Other versions:
    16. Vasco Cúrdia, 2005. "Monetary Policy under Sudden Stops," International Finance 0510025, EconWPA, revised 02 Nov 2005. [Downloadable!]
      Other versions:
    17. Gary Gorton & Lixin Huang, 2002. "Liquidity, Efficiency and Bank Bailouts," Center for Financial Institutions Working Papers 02-33, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
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    18. Simon Hall, . "Financial accelerator effects in UK business cycles," Bank of England working papers 150, Bank of England. [Downloadable!]
    19. Anil K Kashyap & Jeremy C. Stein, 1994. "The Impact of Monetary Policy on Bank Balance Sheets," NBER Working Papers 4821, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    20. Georges Dionne, 2003. "The Foundationsof Banks' Risk Regulation: A Review of Literature," THEMA Working Papers 2003-46, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
    21. Robert Dekle & Kenneth Kletzer, 2003. "The Japanese Banking Crisis and Economic Growth: Theoretical and Empirical Implications of Deposit Guarantees and Weak Financial Regulation," CIRJE F-Series CIRJE-F-225, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
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    22. Kambhu, John, 1981. "Product Liability Rules and Moral Hazard," Working Papers 81-04, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    23. Fiorella De Fiore & Harald Uhlig, 2005. "Bank finance versus bond finance: what explains the differences between US and Europe?," SFB 649 Discussion Papers SFB649DP2005-042, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany. [Downloadable!]
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    24. Philip Strahan, 2008. "Liquidity Production in 21st Century Banking," NBER Working Papers 13798, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    25. Kunhong Kim & Iris Claus, 2004. "Agency costs and asymmetric information in a small open economy: a dynamic general equilibrium model," Econometric Society 2004 Far Eastern Meetings 787, Econometric Society. [Downloadable!]
    26. Atsue Mizushima & Keiichi Koda, 2007. "Risk Sharing and Growth in the Gifts Economy," Discussion Papers in Economics and Business 07-02, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP). [Downloadable!]
    27. Veronika Dolar & Césaire Meh, 2002. "Financial Structure and Economic Growth: A Non-Technical Survey," Working Papers 02-24, Bank of Canada. [Downloadable!]
    28. W. Bentley MacLeod & Daniel Parent, 1999. "Job characteristics, wages, and the employment contract," Review, Federal Reserve Bank of St. Louis, issue May, pages 13-27. [Downloadable!]
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    29. J. Barkley Rosser, Jr., 2003. "A Nobel Prize for Asymmetric Information: the economic contributions of George Akerlof, Michael Spence and Joseph Stiglitz," Review of Political Economy, Taylor and Francis Journals, vol. 15(1), pages 3-21, January. [Downloadable!] (restricted)
    30. Davide Iacoboni & Alberto Zazzaro, 2000. "Legal system efficiency, information production, and technological choice: a banking model," Heterogeneity and monetary policy 0005, Universita di Modena e Reggio Emilia, Dipartimento di Economia Politica. [Downloadable!]
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    31. Robin Boadway & Jean-Francois Tremblay, 2003. "Public Economics and Startup Entrepreneurs," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    32. Hellwig, Martin, 1998. "Risk Aversion and Incentive Compatibility with Ex Post Information Asymmetry," Sonderforschungsbereich 504 Publications 98-38, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim. [Downloadable!]
    33. Assaf Razin & Efraim Sadka, 2002. "A Brazilian Debt-Crisis Model," NBER Working Papers 9211, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    34. Robert Dekle & Kenneth Kletzer, 2004. "Deposit Insurance, Regulatory Forbearance and Economic Growth: Implications for the Japanese Banking Crisis," Santa Cruz Center for International Economics, Working Paper Series 1017, Center for International Economics, UC Santa Cruz. [Downloadable!]
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    35. Cheng Wang & Stephen D. Williamson, 1993. "Adverse Selection in Credit Markets with Costly Screening," Finance 9310001, EconWPA, revised 02 Nov 1993. [Downloadable!]
    36. Russell Cooper & Dean Corbae, 1997. "Financial Fragility and the Great Depression," NBER Working Papers 6094, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    37. Edda Claus & ris Claus, 2007. "Transmitting shocks to the economy: The contribution of interest and exchange rates and the credit channel," The Institute for International Integration Studies Discussion Paper Series iiisdp206, IIIS. [Downloadable!]
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    38. André Kurmann & Nicolas Petrosky-Nadeau, 2007. "Search Frictions in Physical Capital Markets as a Propagation Mechanism," Cahiers de recherche 0712, CIRPEE. [Downloadable!]
      Other versions:
    39. Jacob Glazer & Ariel Rubinstein, 2005. "On the Pragmatics of Persuasion: A Game Theoretical Approach," Levine's Bibliography 784828000000000166, UCLA Department of Economics. [Downloadable!]
    40. Keith J. Crocker & Joel Slemrod, 2004. "Corporate Tax Evasion with Agency Costs," NBER Working Papers 10690, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    41. Joshua Aizenman, 2000. "Endogenous Pricing to Market and Financing Costs," NBER Working Papers 7914, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    42. Stefan Krasa & Tridib Sharma & Anne Villamil, 2008. "Bankruptcy and firm finance," Economic Theory, Springer, vol. 36(2), pages 239-266, August. [Downloadable!] (restricted)
    43. Michael B. Devereux & Philip R. Lane, 2000. "Exchange Rates and Monetary Policy in Emerging Market Economies," Working Papers 072000, Hong Kong Institute for Monetary Research. [Downloadable!]
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    44. Spiros Bougheas & Tim Worrall, 2001. "Cost Padding in Regulated Monopolies," Keele Department of Economics Discussion Papers (1995-2001) 2001/07, Department of Economics, Keele University, revised Nov 2001. [Downloadable!]
    45. Jeanne, Olivier, 2003. "Why Do Emerging Economies Borrow in Foreign Currency?," CEPR Discussion Papers 4030, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    46. Bruno Biais & Thomas Mariotti, 2003. "Strategic Liquidity Supply and Security Design," STICERD - Theoretical Economics Paper Series 445, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
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    47. W. Bentley MacLeod, 1996. "Decision, Contract and Emotion: Some Economics for a Complex and Confusing World," Boston College Working Papers in Economics 336., Boston College Department of Economics. [Downloadable!]
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    48. Allen N. Berger & Gregory F. Udell, 2001. "Small business credit availability and relationship lending: the importance of bank organizational structure," Finance and Economics Discussion Series 2001-36, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
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    49. WenLi Li & Pierre-Daniel Sarte, 2000. "Investigating fluctuations in U.S. manufacturing : what are the direct effects of informational frictions?," Working Paper 00-01, Federal Reserve Bank of Richmond. [Downloadable!]
    50. Fabio ALESSANDRINI, 2003. "Introducing Capital Structure in a Production Economy: Implications for Investment, Debt and Dividends," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 03.03, Université de Lausanne, Faculté des HEC, DEEP. [Downloadable!]
    51. de Blas, Beatriz, 2008. "International Transmission of Shocks under Financial Frictions: Some Implications for International Business Cycle Comovement," Working Papers in Economic Theory 2008/01, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History). [Downloadable!]
    52. John Krainer, 2000. "The separation of banking and commerce," Economic Review, Federal Reserve Bank of San Francisco, pages 15-24. [Downloadable!]
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    53. M. Martin Boyer & Jörg Schiller, 2003. "Merging Automobile Insurance Regulatory Bodies: The Case of Atlantic Canada," CIRANO Working Papers 2003s-70, CIRANO. [Downloadable!]
    54. Aubhik Khan, 1999. "Financial development and economic growth," Working Papers 99-11, Federal Reserve Bank of Philadelphia. [Downloadable!]
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    55. Donald P. Morgan, 2000. "Bank commitment relationships, cash flow constraints, and liquidity management," Staff Reports 108, Federal Reserve Bank of New York. [Downloadable!]
    56. Michel Poitevin, 1998. "Effects of the Fiscal Treatment of Tax Losses on the Efficiency of Markets and the Incidence of Mergers," CIRANO Working Papers 98s-33, CIRANO. [Downloadable!]
    57. Gunnar Bårdsen & Kjersti-Gro Lindquist & Dimitrios P. Tsomocos, 2006. "Evaluation of macroeconomic models for financial stability analysis," Working Paper Series 6806, Department of Economics, Norwegian University of Science and Technology. [Downloadable!]
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    58. Francis Buckley & Eric Rasmusen, 1999. "The Uneasy Case for the Flat Tax," Public Economics 9907003, EconWPA. [Downloadable!]
    59. Douglas W. Diamond, 1994. "Corporate capital structure: the control roles of bank and public debt with taxes and costly bankruptcy," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 11-37. [Downloadable!]
    60. Kenneth A. Froot & Jeremy C. Stein, 1992. "Exchange Rates and Foreign Direct Investment: An Imperfect Capital Markets Approach," NBER Working Papers 2914, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    61. Tarun Sabarwal, 2005. "The non-neutrality of debt in investment timing: a new NPV rule," Annals of Finance, Springer, vol. 1(4), pages 433-445, October. [Downloadable!] (restricted)
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    62. Ying Yan, 1996. "Credit Rationing, Bankruptcy Cost, and Optimal Debt Contract for Small Business," Finance 9612003, EconWPA. [Downloadable!]
    63. S. Rao Aiyagari, 1993. "Explaining financial market facts: the importance of incomplete markets and transaction costs," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win, pages 17-31. [Downloadable!]
    64. Miguel Cantillo and Julian Wright., 2000. "How Do Firms Choose Their Lenders? An Empirical Investigation," Research Program in Finance Working Papers RPF-256-Rev, University of California at Berkeley. [Downloadable!]
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    65. Alberto Bisin & Piero Gottardi & Adriano A. Rampini, 2004. "Managerial Hedging and Portfolio Monitoring," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    66. Thierry Penard & Saïd Souam, 2002. "Collusion et politique de la concurrence en information asymétrique," Annales d'Economie et de Statistique, ADRES, issue 66, pages 09, Avril-Jui. [Downloadable!]
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    67. Joshua Aizenman & Andrew Powell, 1997. "Volatility and Financial Intermediation," NBER Working Papers 6320, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    68. Alberto Martin, 2004. "Endogenous Credit Cycles," Economics Working Papers 916, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2008. [Downloadable!]
    69. David Besanko & Anjan V. Thakor, 2004. "Relationship Banking, Deposit Insurance and Bank Portfolio Choice," Finance 0411046, EconWPA. [Downloadable!]
    70. Paul Harrison & Oren Sussman & Joseph Zeira, 1999. "Finance and growth: theory and new evidence," Finance and Economics Discussion Series 1999-35, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    71. Pablo Druck & Jorge M. Streb, 2001. "Economic Development as a Matter of Political Geography," CEMA Working Papers: Serie Documentos de Trabajo. 182, Universidad del CEMA. [Downloadable!]
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    72. Richard Scheelings, 2005. "Essays in Law and Economics," Levine's Working Paper Archive 618897000000000950, David K. Levine. [Downloadable!]
    73. (Kim | Lopez-Salido | Swanson) & Andrew Levin, 2004. "The magnitude and Cyclical Behavior of Financial Market Frictions," Computing in Economics and Finance 2004 224, Society for Computational Economics. [Downloadable!]
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    74. Ari Hyytinen & Otto Toivanen, 2002. "Misuse and Non-use of Information Acquisition Technologies in Banking," Discussion Papers 823, The Research Institute of the Finnish Economy. [Downloadable!]
    75. Douglas W. Diamond, 1996. "Financial intermediation as delegated monitoring: a simple example," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 51-66. [Downloadable!]
    76. Iris Claus & Arthur Grimes, 2003. "Asymmetric Information, Financial Intermediation and the Monetary Transmission Mechanism: A Critical Review," Treasury Working Paper Series 03/19, New Zealand Treasury. [Downloadable!]
    77. Carsten Krabbe Nielsen & Mordecai Kurz, 2004. "Contracting with Risk Aversion and Subjective Beliefs Under Costly State Verification," Econometric Society 2004 Far Eastern Meetings 615, Econometric Society. [Downloadable!]
    78. Tamborini, Roberto, 2008. "The "Credit-Cost Channel" of Monetary Policy. A Theoretical Assessment," Economics Discussion Papers 2008-33, Kiel Institute for the World Economy. [Downloadable!]
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    79. P.R. Agenor & J. Aizenman & A. Hoffmaister, 1998. "Contagion, Bank Lending Spreads and Output Fluctuations," NBER Working Papers 6850, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    80. Surajeet Chakravarty & W. Bentley MacLeod, 2006. "Construction Contracts (or: "How to Get the Right Building at the Right Price?")," IZA Discussion Papers 2125, Institute for the Study of Labor (IZA). [Downloadable!]
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    81. Hvide, Hans K & Leite, Tore, 2007. "Optimal Debt Contracts under Costly Enforcement," CEPR Discussion Papers 6040, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    82. Andrew Figura, 2006. "Why Are Plant Deaths Countercyclical: Reallocation Timing or Fragility?," Working Papers 06-24, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
    83. Pierre-Richard Agénor & Peter J. Montiel, 2006. "Credit Market Imperfections and the Monetary Transmission Mechanism Part I: Fixed Exchange Rates," The School of Economics Discussion Paper Series 0628, Economics, The University of Manchester. [Downloadable!]
    84. Eilon Solan & Leeat Yariv, 1998. "Games with Espionage," Discussion Papers 1257, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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    85. Christina E. Bannier & Dennis N. Hänsel, 2006. "Determinants of banks' engagement in loan securitization," Working Paper Series: Finance and Accounting 171, Department of Finance, Goethe University Frankfurt am Main. [Downloadable!]
    86. Xiaoqiang Cheng & Hans Degryse, 2006. "The Impact of Bank and Non-Bank Financial Institutions on Local Economic Growth in China," LICOS Discussion Papers 17106, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
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    87. M. Martin Boyer, 2004. "On the Use of Hierarchies to Complete Contracts when Players Have Limited Abilities," CIRANO Working Papers 2004s-41, CIRANO. [Downloadable!]
    88. H. Landis Gabel & Bernard Sinclair-Desgagné, 1994. "Environmental Audits and Incentive Compensation," CIRANO Working Papers 94s-19, CIRANO. [Downloadable!]
    89. Christina Wang & Susanto Basu & John G. Fernald, 2004. "A general-equilibrium asset-pricing approach to the measurement of nominal and real bank output," Working Papers 04-7, Federal Reserve Bank of Boston. [Downloadable!]
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    90. Amy Cutts & Robert Order, 2004. "On the Economics of Subprime Lending," The Journal of Real Estate Finance and Economics, Springer, vol. 30(2), pages 167-196, November. [Downloadable!] (restricted)
    91. Rodolphe Blavy, 2005. "Monitoring and Commitment in Bank Lending Behavior," IMF Working Papers 05/222, International Monetary Fund. [Downloadable!]
    92. Assaf Razin & Efraim Sadka & Chi-Wa Yuen, 1999. "Excessive FDI flows under asymmetric information," Proceedings, Federal Reserve Bank of San Francisco, issue Sep. [Downloadable!]
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    93. Fabrizio Mattesini, 2003. "Financial Intermediation as a Source of Aggregate Instability," CEIS Research Paper 35, Tor Vergata University, CEIS. [Downloadable!]
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    94. Joshua Aizenman & Stephen Turnovsky, 1999. "Reserve Requirements on Sovereign Debt in the Presence of Moral Hazard -- on Debtors or Creditors?," Discussion Papers in Economics at the University of Washington 0044, Department of Economics at the University of Washington. [Downloadable!]
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    95. Uluc Aysun & Ryan Brady & Adam Honig, 2009. "Financial Frictions and Monetary Transmission," Working papers 2009-24, University of Connecticut, Department of Economics. [Downloadable!]
    96. Kenneth Kletzer, 2005. "Sovereign debt, volatility, and insurance," Working Paper Series 2006-05, Federal Reserve Bank of San Francisco. [Downloadable!]
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    97. Simona MATEUT & Spiros BOUGHEAS & Paul MIZEN, 2003. "Trade Credit, Bank Lending and Monetary Policy Transmission," Economics Working Papers ECO2003/02, European University Institute. [Downloadable!]
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    98. Ari Hyytinen & Tuomas Takalo, 2004. "Investor Protection and Business Creation," Discussion Papers 889, The Research Institute of the Finnish Economy. [Downloadable!]
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    99. Gersbach, H. & Uhlig, H., 1998. "Debt contracts, collapse and regulation as competition phenomena," Discussion Paper 1, Tilburg University, Center for Economic Research. [Downloadable!]
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    100. Brown, M. & Ongena, S. & Yesin, P., 2008. "Currency Denomination of Bank Loans: Evidence from Small Firms in Transition Countries," Discussion Paper 2008-16, Tilburg University, Center for Economic Research. [Downloadable!]
    101. Bernanke, B. & Gertler, M. & Gilchrist, S., 1998. "The Financial Accelerator in a Quantitative Business Cycle Framework," Working Papers 98-03, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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    102. Arnoud Boot & Anjan V. Thakor & Gregory F. Udell, 2004. "Competition, Risk Neutrality and Loan Commitments," Finance 0411051, EconWPA. [Downloadable!]
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    103. Jeremy Greenwood & Stephen D. Williamson, 1988. "International financial intermediation and aggregate fluctuations under alternative exchange rate regimes," Staff Report 112, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    104. K Blackburn & D Varvarigos, 2005. "Growth, Uncertainty and Finance," Centre for Growth and Business Cycle Research Discussion Paper Series 48, Economics, The Univeristy of Manchester. [Downloadable!]
    105. James B. Ang, 2007. "A Survey Of Recent Developments In The Literature Of Finance And Growth," Monash Economics Working Papers 03/07, Monash University, Department of Economics. [Downloadable!]
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    106. C. N. Bagley, D. K. Ghosh, U. Yaari, 1998. "Pecking order as a dynamic leverage theory," European Journal of Finance, Taylor and Francis Journals, vol. 4(2), pages 157-183, June. [Downloadable!] (restricted)
    107. Suelzle, Kai & Wambach, Achim, 2002. "Insurance in a Market for Credence Goods," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    108. Ludovic Renou, 2008. "Multi-lender coalitions in costly state verification models," Economic Theory, Springer, vol. 36(3), pages 407-433, September. [Downloadable!] (restricted)
    109. Demirguc-Kunt, Asli, 1992. "Developing country capital structures and emerging stock markets," Policy Research Working Paper Series 933, The World Bank. [Downloadable!]
    110. Boot, Arnoud W A & Milbourn, Todd, 2002. "Credit Ratings as Coordination Mechanism," CEPR Discussion Papers 3331, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    111. Simon Gilchrist & Jean-Olivier Hairault & Hubert Kempf, 2002. "Monetary policy and the financial accelerator in a monetary union," Working Paper Series 175, European Central Bank. [Downloadable!]
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    112. Roland Strausz, . "Timing of Verification Procedures: Monitoring versus Auditing," Papers 015, Departmental Working Papers. [Downloadable!]
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    113. Kiminori Matsuyama, 2004. "Credit Market Imperfections and Patterns of International Trade and Capital Flows," CIRJE F-Series CIRJE-F-293, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
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    114. M. Martin Boyer & Pierre Thomas Léger, 2001. "Inflation as a Strategic Response," CIRANO Working Papers 2001s-26, CIRANO. [Downloadable!]
    115. Benito Arruñada, 2008. "Mandatory Accounting Disclosure by Small Private Companies," Economics Working Papers 1090, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    116. R. Glenn Hubbard, 1997. "Capital-Market Imperfections and Investment," NBER Working Papers 5996, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    117. Giorgio Di Giorgio, 1999. "Financial Intermediation and Equity Investment with Costly Monitoring," Economics Working Papers 410, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    118. Louis Kaplow, 1995. "A Model of the Optimal Complexity of Rules," NBER Working Papers 3958, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    119. Kenneth A. Froot & Jeremy C. Stein, 1996. "Risk Management, Capital Budgeting and Capital Structure Policy for Financial Institutions: An Integrated Approach," NBER Working Papers 5403, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    120. W. Bentley MacLeod, 2006. "Reputations, Relationships and the Enforcement of Incomplete Contracts," IZA Discussion Papers 1978, Institute for the Study of Labor (IZA). [Downloadable!]
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    121. Goetz von Peter, 2003. "A Unified Approach to Credit Crunches, Financial Instability, and Banking Crises," Macroeconomics 0312006, EconWPA. [Downloadable!]
    122. Kambhu, John, 1981. "Optimal Choice of Supplier Under Asymmetric Information and Moral Hazard," Working Papers 81-01, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
    123. Hiroko Oura, 2008. "Financial Development and Growth in India: A Growing Tiger in a Cage?," IMF Working Papers 08/79, International Monetary Fund. [Downloadable!]
    124. Joshua Aizenman & Ricardo Hausmann, 1995. "The Impact of Inflation on Budgetary Discipline," NBER Working Papers 5338, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    125. Santiago L.E. Acosta Ormaechea, 2007. "A Small Open Economy Model with Currency Mismactches and a Financial Accelerator Mechanism," DEGIT Conference Papers c012_035, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
    126. Rodrigo Alfaro & Carlos García & Alejandro Jara & Helmut Franken, 2005. "The bank lending channel in Chile," BIS Papers chapters, in: Bank for International Settlements (ed.), Investigating the relationship between the financial and real economy, volume 22, pages 128-45 Bank for International Settlements. [Downloadable!]
    127. Michaelowa, Katharina & Borrmann, Axel, 2005. "What Determines Evaluation Outcomes? - Evidence from Bi- and Multilateral Development Cooperation -," Discussion Paper Series 26176, Hamburg Institute of International Economics. [Downloadable!]
    128. Franklin Allen & Douglas Gale, 1998. "Bubbles and Crises The Economic Journal," Center for Financial Institutions Working Papers 98-01, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
    129. Jeffrey W. Gunther & Robert R. Moore, 2002. "Loss underreporting and the auditing role of bank exams," Conference Series ; [Proceedings], Federal Reserve Bank of Boston. [Downloadable!]
    130. Fabian Valencia, 2008. "Banks' Precautionary Capital and Credit Crunches," IMF Working Papers 08/248, International Monetary Fund. [Downloadable!]
    131. W. Bentley MacLeod & Daniel Parent, 1998. "Job Characteristics and the Form of Compensation," CIRANO Working Papers 98s-08, CIRANO. [Downloadable!]
    132. Gomes, Joao F & Yaron, Amir & Zhang, Lu, 2002. "Asset Pricing Implications of Firms' Financing Constraints," CEPR Discussion Papers 3495, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    133. Roberto Tamborini & Riccardo Fiorentini, 2001. "The monetary transmission mechanism in Italy: the credit channel and a missing ring," Department of Economics Working Papers 0101, Department of Economics, University of Trento, Italia. [Downloadable!]
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    134. Alan Schwartz & Joel Watson, . "The Law and Economics of Costly Contracting," Yale Law School John M. Olin Center for Studies in Law, Economics, and Public Policy Working Paper Series yale_lepp-1004, Yale Law School John M. Olin Center for Studies in Law, Economics, and Public Policy. [Downloadable!]
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    135. Andrea Attar & Eloisa Campioni, 2002. "Costly State Verification And Debt Contracts," Departmental Working Papers 172, Tor Vergata University, CEIS. [Downloadable!]
    136. Kenneth Kletzer, 2006. "International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies," IMF Working Papers 06/79, International Monetary Fund. [Downloadable!]
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    137. Harold L. Cole, 2008. "Self-Enforcing Stochastic Monitoring and the Separation of Debt and Equity Claims," NBER Working Papers 14480, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    138. Dewatripont, Mathias & Legros, Patrick & Matthews, Steven A, 2002. "Moral Hazard and Capital Structure Dynamics," CEPR Discussion Papers 3487, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    139. Neil A. Doherty & Alexander Muermann, 2005. "Insuring the Uninsurable: Brokers and Incomplete Insurance Contracts," CFS Working Paper Series 2005/24, Center for Financial Studies. [Downloadable!]
    140. Adam B. Ashcraft & Astrid A. Dick & Donald P. Morgan, 2007. "The Bankruptcy Abuse Prevention and Consumer Protection Act: means-testing or mean spirited?," Staff Reports 279, Federal Reserve Bank of New York. [Downloadable!]
    141. Inderst, Roman & Mueller, Holger M, 2005. "Informed Lending and Security Design," CEPR Discussion Papers 5185, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    142. Fohlin, Caroline, 1998. "Historical and Theoretical Debates Over Financial Systems and Industrialization," Working Papers 1028, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
    143. Peter J. Simmons & G. Garino, . "The form of loan contract with risk neutrality and no commitment," Discussion Papers 00/35, Department of Economics, University of York. [Downloadable!]
    144. Covas, Francisco & Den Haan, Wouter, 2007. "The Role of Debt and Equity Finance over the Business Cycle," CEPR Discussion Papers 6145, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    145. Fohlin, Caroline, 1998. "Financing Decisions and Corporate Capital Structure in the Later Stages of the German Industrialization," Working Papers 1030, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
    146. Gertler, M. & Gilchrist, S., 1993. "Monetary Policy, Business Cycles and the Behavior of Small Manufacturing Firms," Working Papers 93-02, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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    147. Sean Cleary & Paul Povel & Michael Raith, 2003. "The U-shaped Investment Curve: Theory and Evidence," Finance 0311010, EconWPA. [Downloadable!]
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    148. Fabio ALESSANDRINI, 2003. "Some Additional Evidence from the Credit Channel on the Response to Monetary Shocks: Looking for Asymmetries," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 03.04, Université de Lausanne, Faculté des HEC, DEEP. [Downloadable!]
    149. Pierre-Daniel G. Sarte, 1998. "Rent seeking bureaucracies and oversight in a simple growth model," Working Paper 98-03, Federal Reserve Bank of Richmond. [Downloadable!]
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    150. Antonio Nicolo' & Piero Tedeschi, 2004. "Missing Contracts: On the Rationality of not Signing a Prenuptial Agreement," Game Theory and Information 0406001, EconWPA. [Downloadable!]
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    151. Ludovic Renou & Guillaume Carlier, 2003. "Existence and monotonicity of optimal debt contracts in costly state verification models," Economics Bulletin, Economics Bulletin, vol. 7(5), pages 1-9. [Downloadable!]
    152. Haiping Zhang & Jurgen von Hagen, 2007. "Financial Development and International Capital Flows," Working Papers 16-2007, Singapore Management University, School of Economics. [Downloadable!]
    153. Lawrence J. Christiano & Roberto Motto & Massimo Rostagno, 2004. "The Great Depression and the Friedman-Schwartz Hypothesis," NBER Working Papers 10255, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    154. Huizinga, Harry & Zhu, Dantao, 2006. "Financial Structure and Macroeconomic Volatility: Theory and Evidence," CEPR Discussion Papers 5697, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    155. Mark Gertler & Simon Gilchrist & Fabio Natalucci, 2003. "External Constraints on Monetary Policy and the Financial Accelerator," NBER Working Papers 10128, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    156. Simon Hall & Anne Vila Wetherilt, . "The role of corporate balance sheets and bank lending policies in a financial accelerator framework," Bank of England working papers 166, Bank of England. [Downloadable!]
    157. Philip Lowe & Thomas Rohling, 1993. "Agency Costs, Balance Sheets and the Business Cycle," RBA Research Discussion Papers rdp9311, Reserve Bank of Australia. [Downloadable!]
    158. Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2000. "External Capital Structure: Theory and Evidence," CEPR Discussion Papers 2583, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    159. Louis Kaplow & Steven Shavell, 1994. "Optimal Law Enforcement with Self-Reporting of Behavior," NBER Working Papers 3822, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    160. Hind Sami, 2005. "Financial Distress and Reputational Concerns," Working Papers 0509, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure. [Downloadable!]
    161. Karel Janda, 2006. "Optimal Deterministic Debt Contracts," Working Papers IES 2006/25, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Oct 2006. [Downloadable!]
    162. Curt Taylor, 2004. "Privacy and Information Acquisition in Competitive Markets," Berkeley Olin Program in Law & Economics, Working Paper Series 1165, Berkeley Olin Program in Law & Economics. [Downloadable!]
    163. Manuel Oechslin & Reto Foellmi, 2006. "Market Imperfections, Wealth Inequality, and the Distribution of Trade Gains," IEW - Working Papers iewwp266, Institute for Empirical Research in Economics - IEW. [Downloadable!]
    164. Charles M. Kahn & William Roberds, 1998. "Demandable debt as a means of payment: banknotes versus checks," Working Paper 98-5, Federal Reserve Bank of Atlanta. [Downloadable!]
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    165. Beck, Thorsten, 2001. "Financial development and international trade : is there a link?," Policy Research Working Paper Series 2608, The World Bank. [Downloadable!]
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    166. J. Christina Wang, 2003. "Loanable funds, risk, and bank service output," Working Papers 03-4, Federal Reserve Bank of Boston. [Downloadable!]
    167. Kartik Athreya, 2005. "Equilibrium models of personal bankruptcy : a survey," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 73-98. [Downloadable!]
    168. Assaf Razin & Efraim Sadka, 2002. "A Brazilian Debt-Crisis," NBER Working Papers 9160, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    169. Acharya, Viral V, 2002. "Is the International Convergence of Capital Adequacy Regulation Desirable?," CEPR Discussion Papers 3253, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    170. Iris Claus & Kunhong Kim, 2006. "Credit Market Frictions In An Open Economy," CAMA Working Papers 2006-04, Australian National University, Centre for Applied Macroeconomic Analysis. [Downloadable!]
    171. Gertler, M. & Rose, A., 1991. "Finance, growth, and public policy," Policy Research Working Paper Series 814, The World Bank. [Downloadable!]
    172. David Aadland, 2002. "Detrending Time-Aggregated Data," Macroeconomics 0301007, EconWPA. [Downloadable!]
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    173. Alexander Monge-Naranjo & Javier Cascante & Luis J. Hall, 2001. "Enforcement, Contract Design, and Default: Exploring the Financial Markets of Costa Rica," RES Working Papers 3126, Inter-American Development Bank, Research Department. [Downloadable!]
    174. Inês Drumond, 2008. "Bank Capital Requirements, Business Cycle Fluctuations and the Basel Accords: A Synthesis," FEP Working Papers 277, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
    175. Dorothea Schäfer & Axel Werwatz & Volker Zimmermann, 2003. "The Determinants of Debt and (Private-) Equity Financing in Young Innovative SMEs: Evidence from Germany," CFS Working Paper Series 2004/06, Center for Financial Studies. [Downloadable!]
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    176. Roland Strausz, 2004. "Buried in Paperwork: Excessive Reporting in Organizations," Discussion Papers 27, SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich. [Downloadable!]
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    177. Steven R. Grenadier & Neng Wang, 2005. "Investment Timing, Agency, and Information," NBER Working Papers 11148, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    178. Pierre-Richard Agenor & Joshua Aizenman, 1997. "Contagion and Volatility with Imperfect Credit Markets," NBER Working Papers 6080, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    179. Ammon, Norbert, 1998. "Why Hedge? - A Critical Review of Theory and Empirical Evidence -," ZEW Discussion Papers 98-18, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    180. R.Fiorentini & R.Tamborini, 2000. "Monetary policy, credit and aggregate supply: the evidence from Italy," General Economics and Teaching 0004008, EconWPA. [Downloadable!]
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    181. Bhagwan Chowdhry, 1992. "Exchange Risk Management and Corporate Capital Structure," University of California at Los Angeles, Anderson Graduate School of Management 1158, Anderson Graduate School of Management, UCLA. [Downloadable!]
    182. Bruce C. Greenwald & Joseph E. Stiglitz, 1992. "Information, Finance, and Markets: The Architecture of Allocative Mechanisms," NBER Working Papers 3652, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    183. David Andolfatto & Ed Nosal, 2003. "A Theory of Money and Banking," Macroeconomics 0310003, EconWPA. [Downloadable!]
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    184. Thilo Pausch, 2003. "The Lender-Borrower Relationship with Risk Averse Lenders," Discussion Paper Series 244, Universitaet Augsburg, Institute for Economics. [Downloadable!]
    185. Stewart C. Myers, 1998. "Outside Equity Financing," NBER Working Papers 6561, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    186. Aysan, Ahmet Faruk, 2006. "The Effects of Volatility on Growth and Financial Development through Capital Market Imperfections," MPRA Paper 5486, University Library of Munich, Germany. [Downloadable!]
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    187. Joshua Aizenman, 1998. "Capital Mobility in a Second Best World -- Moral Hazard With Costly Financial Intermediation," NBER Working Papers 6703, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    188. Pierre-Richard Agenor & Joshua Aizenman, 1999. "Financial Sector Inefficiencies and Coordinate Failures: Implications for Crisis Management," NBER Working Papers 7446, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    189. Dimitri, Carolyn & Lichtenberg, Erik, 2000. "Verification In Contracts With Random Changes In Quality," Working Papers 28565, University of Maryland, Department of Agricultural and Resource Economics. [Downloadable!]
    190. Se-Jik Kim, 2002. "Bailout and Conglomeration," Finance Working Papers 300, East Asian Bureau of Economic Research. [Downloadable!]
    191. Jose E. Quintero Jaramillo, 2004. "Liquidity Constraints And Credit Subsidies In Auctions," Business Economics Working Papers wb040604, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
    192. Marcel Boyer & Donatella Porrini, 2008. "The Efficient Liability Sharing Factor For Environmental Disasters: Lessons For Optimal Insurance Regulation," CIRANO Working Papers 2008s-03, CIRANO. [Downloadable!]
    193. Bénédicte Coestier & Nathalie Fombaron, 2003. "L'audit en assurance," THEMA Working Papers 2003-41, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise. [Downloadable!]
    194. Pierre-Richard Agénor & Peter J. Montiel, 2006. "Credit Market Imperfections and the Monetary Transmission Mechanism Part I: Fixed Exchange Rates," Centre for Growth and Business Cycle Research Discussion Paper Series 76, Economics, The Univeristy of Manchester. [Downloadable!]
    195. John H. Boyd & Edward C. Prescott, 1985. "Financial intermediary-coalitions," Staff Report 87, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    196. Yoshiaki Ogura, 2006. "Endogenous Relationship Banking to Alleviate Excessive Screening Transaction Banking," Discussion Paper Series a487, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    197. Christopher L. House, 2002. "Adverse Selection and the Accelerator," Macroeconomics 0211015, EconWPA. [Downloadable!]
    198. David C. Nachman & Stephen D. Smith, 2000. "Decentralized production and public liquidity with private information," Working Paper 2000-2, Federal Reserve Bank of Atlanta. [Downloadable!]
    199. Simeon Djankov & Caralee McLiesh & Andrei Shleifer, 2005. "Private Credit in 129 Countries," NBER Working Papers 11078, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    200. Annamaria Menichini & Peter Simmons, 2001. "Are two investors better than one?," CSEF Working Papers 71, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
    201. Kiminori Matsuyama, 2007. "Aggregate Implications of Credit Market Imperfections," NBER Working Papers 13209, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    202. Günter Franke & Markus Herrmann & Thomas Weber, 2007. "Information asymmetries and securitization design," CoFE Discussion Paper 07-10, Center of Finance and Econometrics, University of Konstanz. [Downloadable!]
    203. Klapper, Leora, 2001. "The uniqueness of short-term collateralization," Policy Research Working Paper Series 2544, The World Bank. [Downloadable!]
    204. Chander, Parkash & Wilde, Louis., 1994. "A General Characterization of Optimal Income Taxation and Enforcement," Working Papers 791, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
    205. Edward Simpson Prescott, 2004. "Auditing and bank capital regulation," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 47-63. [Downloadable!]
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    206. Luis Carranza & Juan M. Cayo & José E. Galdón-Sánchez, 2003. "Exchange Rate Volatility and Economic Performance in Peru: A Firm Level Analysis," Faculty Working Papers 12/03, School of Economics and Business Administration, University of Navarra. [Downloadable!]
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    207. Andrea Moro & Matthew F. Mitchell, 2005. "Informationally Efficient Trade Barriers," Public Economics 0503004, EconWPA. [Downloadable!]
    208. Joshua Aizenman & Brian Pinto, 2004. "Managing Volatility and Crises: A Practitioner's Guide Overview," NBER Working Papers 10602, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    209. Aaron Tornell, . "Concentrated Ownership and Bailout Guarantees (November 2005)," UCLA Economics Online Papers 407, UCLA Department of Economics. [Downloadable!]
    210. Harry Flam & Robert W. Staiger, 1989. "Adverse Selection in Credit Markets and Infant Industry Protection," NBER Working Papers 2864, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    211. Kenneth A. Froot, 2003. "Risk Management, Capital Budgeting and Capital Structure Policy for Insurers and Reinsurers," NBER Working Papers 10184, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    212. Yasmeen Khwaja, 2002. "Informal Credit Markets, Interlinkage and Migration," Public Policy Discussion Papers 02-23, Economics and Finance Section, School of Social Sciences, Brunel University. [Downloadable!]
    213. Andrés Felipe Arias, 2001. "Banking Productivity And Economic Fluctuations: Colombia 1998-2000," BORRADORES DE ECONOMIA 002050, BANCO DE LA REPÚBLICA. [Downloadable!]
    214. Khalil, Fahad & Martimort, David & Parigi, Bruno, 2004. "Monitoring a Common Agent: Implications for Financial Contracting," IDEI Working Papers 321, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
    215. Bin Xu, 1998. "Costly Monitoring In Financial Markets And Capital Outflow Restrictions," International Economic Journal, Korean International Economic Association, vol. 12(2), pages 117-136, June. [Downloadable!] (restricted)
    216. Thomas STEINBERGER, 2002. "Imperfect Financial Markets and Investment Dynamics," Economics Working Papers ECO2002/04, European University Institute. [Downloadable!]
    217. M. Martin Boyer, 2001. "Project Financing when the Principal Cannot Commit," CIRANO Working Papers 2001s-29, CIRANO. [Downloadable!]
    218. Ben S. Bernanke & Mark Gertler, 1986. "Agency Costs, Collateral, and Business Fluctuations," NBER Working Papers 2015, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    219. ATTAR, AndrŽa, 2003. "Financial contracting along the business cycle," CORE Discussion Papers 2003069, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
    220. Laffont, Jean-Jacques, 2001. "Enforcement, Regulation and Development," IDEI Working Papers 129, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
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    221. Capasso, Salvatore, 2006. "Stock Market Development and Economic Growth," Working Papers RP2006/102, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    222. David P. Baron, 1978. "Price Regulation, Quality, and Asymmetric Information," Discussion Papers 359, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    223. Joshua Aizenman, 2005. "Ex Ante Carrots instead of Ex Post Sticks: Two Examples," NBER Working Papers 11242, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    224. Bhagwan Chowdhry & Mark Grinblatt & David Levine, 2002. "Information Aggregation, Security Design and Currency Swaps," NBER Working Papers 8746, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    225. Borys Grochulski, 2007. "Optimal nonlinear income taxation with costly tax avoidance," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 77-109. [Downloadable!]
    226. Claudia M. Buch & Christian Pierdzioch, 2003. "The Integration of Imperfect Financial Markets: Implications for Business Cycle Volatility," Kiel Working Papers 1161, Kiel Institute for the World Economy. [Downloadable!]
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    227. MINELLI, Enrico & MODICA, Salvatore, 2003. "Credit market failures and policy," CORE Discussion Papers 2003093, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
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    228. Borja Larrain, 2004. "Financial development, financial constraints, and the volatility of industrial output," Public Policy Discussion Paper 04-6, Federal Reserve Bank of Boston. [Downloadable!]
    229. Assaf Razin & Efraim Sadka, 2001. "Country Risk and Capital Flow Reversals," NBER Working Papers 8171, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    230. Fachat, Christian, 2000. "Agency Costs, Net Worth, and the Transmission Mechanism of Monetary Policy," Bonn Econ Discussion Papers bgse2_2000, University of Bonn, Germany. [Downloadable!]
    231. Arnoud W.A. Boot & Todd T. Milbourn, 2002. "Credit Ratings as Coordination Mechanisms," Tinbergen Institute Discussion Papers 02-058/2, Tinbergen Institute. [Downloadable!]
    232. Czarnitzki, Dirk & Kraft, Kornelius, 2000. "Haftungsregeln und Innovation," ZEW Discussion Papers 00-38, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research. [Downloadable!]
    233. Charles T. Carlstrom & Timothy S. Fuerst, 2000. "Monetary shocks, agency costs, and business cycles," Working Paper 0011, Federal Reserve Bank of Cleveland. [Downloadable!]
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    234. Joshua Aizenman & Nancy Marion, 1999. "Reserve Uncertainty and the Supply of International Credit," NBER Working Papers 7202, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    235. Oliver Hart, 2001. "Financial Contracting," NBER Working Papers 8285, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    236. Yadira González de Lara, 2004. "Risk-Sharing As A Determinant Of Capital Structure: Internal Financing, Debt, And (Outside) Equity," Working Papers. Serie AD 2004-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    237. Günter Franke & Jan Pieter Krahnen, 2005. "Default Risk Sharing Between Banks and Markets: The Contribution of Collateralized Debt Obligations," CFS Working Paper Series 2005/06, Center for Financial Studies. [Downloadable!]
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    238. Pierre-Richard Agenor & Joshua Aizenman, 2008. "Capital Market Imperfections and the Theory of Optimum Currency Areas," NBER Working Papers 14088, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    239. Jeffrey M. Lacker, 1989. "Limited commitment and costly enforcement," Working Paper 90-02, Federal Reserve Bank of Richmond. [Downloadable!]
    240. Andrew Figura, 2006. "Why are plant deaths countercyclical: reallocation timing or fragility?," Finance and Economics Discussion Series 2006-31, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    241. Hänsel, Dennis N. & Bannier, Christina E., 2008. "Determinants of European banks' engagement in loan securitization," Discussion Paper Series 2: Banking and Financial Studies 2008,10, Deutsche Bundesbank, Research Centre. [Downloadable!]
    242. Levine, Ross, 1990. "Stock markets, growth, and policy," Policy Research Working Paper Series 484, The World Bank. [Downloadable!]
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    243. Laeven, Luc, 2000. "Does financial liberalization relax financing constraints on firms ?," Policy Research Working Paper Series 2467, The World Bank. [Downloadable!]
    244. Kiminori Matsuyama, 2004. "The Good, The Bad, and The Ugly: An Inquiry into the Causes and Nature of Credit Cycles," Discussion Papers 1391, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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    245. Reinhard H. Schmidt & Andreas Hackethal & Marcel Tyrell, 1999. "Disintermediation and the Role of Banks in Europe: An International Comparison," Working Paper Series: Finance and Accounting 10, Department of Finance, Goethe University Frankfurt am Main. [Downloadable!]
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    246. Ying Yan, 1997. "Credit rationing, bankruptcy cost, and the optimal debt contract for small business," Working Paper 9702, Federal Reserve Bank of Cleveland. [Downloadable!]
    247. Boccard, Nicolas & Legros, Patrick, 2002. "Audit Competition in Insurance Oligopolies," CEPR Discussion Papers 3478, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    248. Spiros Bougheas & Paul Mizen & Cihan Yalcin, 2004. "Access to External Finance : Theory and Evidence on the Impact of Firm-Specific Characteristics," Working Papers 0406, Research and Monetary Policy Department, Central Bank of the Republic of Turkey. [Downloadable!]
    249. Cesar Martinelli, 2001. "Essays on Political Economy of Political Reform," Levine's Working Paper Archive 625018000000000135, David K. Levine. [Downloadable!]
    250. Tarun Sabarwal, 2000. "Welfare Effects of Bankruptcy," Levine's Working Paper Archive 1980, David K. Levine. [Downloadable!]
    251. Schmitz, Patrick W., 2006. "Optimal Selling Strategies When Buyers May Have Hard Information," CEPR Discussion Papers 5747, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    252. Wenli Li, 1998. "Government loan, guarantee, and grant programs: an evaluation," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 25-52. [Downloadable!]
    253. Ernst-Ludwig VON THADDEN & Erik BERGLÖF & Gérard ROLAND, 2003. "Optimal Debt Design and the Role of Bankruptcy," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 03.13, Université de Lausanne, Faculté des HEC, DEEP. [Downloadable!]
    254. Dimitri, Carolyn & Lichtenberg, Erik, 2002. "Quality Inspection, Adverse Selection And Trade In Perishable Commodities," Working Papers 28579, University of Maryland, Department of Agricultural and Resource Economics. [Downloadable!]
    255. Beatriz de-Blas-Pérez, 2004. "Can Financial Frictions Help Explain The Performance Of The Us Fed?," Economics Working Papers we044517, Universidad Carlos III, Departamento de Economía. [Downloadable!]
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    256. Richard Watt, 2003. "Curtailing Ex-Post Fraud in Risk Sharing Arrangements," European Journal of Law and Economics, Springer, vol. 16(2), pages 247-263, September. [Downloadable!] (restricted)
    257. Joshua Aizenman & Nancy Marion, 1999. "Uncertainty and the disappearance of international credit," Proceedings, Federal Reserve Bank of San Francisco, issue Sep. [Downloadable!]
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    258. Assaf Razin & Efraim Sadka & Chi-Wa Yuen, 2001. "Social Benefits and Losses from FDI: Two Nontraditional Views," NBER Chapters, in: Regional and Global Capital Flows: Macroeconomics Causes and Consequences, NBER-EASE Volume 10, pages 311-336 National Bureau of Economic Research, Inc. [Downloadable!]
    259. Agenor, Pierre-Richard & Aizenman, Joshua, 1998. "Volatility and the welfare costs of financial market integration," Policy Research Working Paper Series 1974, The World Bank. [Downloadable!]
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    260. Robert Townsend & Rolf Mueller, 1998. "Mechanism Design and Village Economies: From Credit, to Tenancy, to Cropping Groups," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 119-172, January. [Downloadable!] (restricted)
    261. Juan Pablo Medina, 2004. "The Default Rate and Price of Capital in a Costly External Finance Model," Working Papers Central Bank of Chile 297, Central Bank of Chile. [Downloadable!]
    262. Dimitrios Varvarigos & Keith Blackburn, 2005. "Growth, Uncertainty and Finance," Money Macro and Finance (MMF) Research Group Conference 2005 12, Money Macro and Finance Research Group. [Downloadable!]
    263. Nacer Bernou & Marceline Grondin, 2001. "Réconciliation entre libéralisation financière et croissance économique dans un système fondé sur la banque," Post-Print halshs-00179981_v1, HAL. [Downloadable!]
    264. Yolande Hiriart & David Martimort & Jérôme Pouyet, 2005. "The Regulator and the Judge: The Optimal Mix in TheControl of Environmental Risk," Working Papers hal-00243027_v1, HAL. [Downloadable!]
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    265. Richard W. Kopcke, 2000. "Deposit insurance, capital requirements, and financial stability," Working Papers 00-3, Federal Reserve Bank of Boston. [Downloadable!]
    266. Ursel Baumann & Glenn Hoggarth & Darren Pain, . "The substitution of bank for non-bank corporate finance: evidence for the United Kingdom," Bank of England working papers 274, Bank of England. [Downloadable!]
    267. Christian Fachat, 2000. "Agency Costs, Net Worth, and the Credit Channel of Monetary Transmission," Bonn Econ Discussion Papers bgse3_2000, University of Bonn, Germany. [Downloadable!]
    268. Bhagwan Chowdhry & Mark Grinblatt & David K Levine, 2001. "Information Aggregation, Currency Swaps, and the Design of Derivative Securities," Levine's Working Paper Archive 2106, David K. Levine. [Downloadable!]
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    269. Iris Claus, 2006. "Taxation And Finance Constrained Firms," CAMA Working Papers 2006-20, Australian National University, Centre for Applied Macroeconomic Analysis. [Downloadable!]
    270. John H. Boyd & Chun Chang & Bruce D. Smith, 1998. "Moral hazard under commercial and universal banking," Working Papers 585, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    271. Shankha Chakraborty & Amartya Lahiri, 2003. "Costly Intermediation and the Poverty of Nations," University of Oregon Economics Department Working Papers 2003-1, University of Oregon Economics Department, revised 01 Jan 2003. [Downloadable!]
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    272. Ayse Imrohoroglu & Krishna B. Kumar, 2003. "Entry Costs, Intermediation, and Capital Flows," Macroeconomics 0304001, EconWPA. [Downloadable!]
    273. Andrew Atkeson & Harold Cole, 2005. "A Dynamic Theory of Optimal Capital Structure and Executive Compensation," NBER Working Papers 11083, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    274. Georges Dionne & Florence Giuliano & Pierre Picard, 2005. "Optimal Auditing with Scoring Theory and Application to Insurance Fraud," Working Papers hal-00243026_v1, HAL. [Downloadable!]
    275. Eric Rasmusen & ., 1995. "A Model of Negotiation, Not Bargaining," Game Theory and Information 9506001, EconWPA, revised 14 Jun 1995. [Downloadable!]
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    276. Gary Gorton & James A. Kahn, 1993. "The Design of Bank Loan Contracts, Collateral, and Renegotiation," NBER Working Papers 4273, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    277. Kenneth A. Froot & Paul G. J. O'Connell, 1997. "On The Pricing of Intermediated Risks: Theory and Application to Catastrophe Reinsurance," NBER Working Papers 6011, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    278. Marco A. Espinosa-Vega & Bruce D. Smith, 2001. "Socially excessive bankruptcy costs and the benefits of interest rate ceilings on loans," Working Paper 2001-27, Federal Reserve Bank of Atlanta. [Downloadable!]
    279. G. Carlier & L. Renou, 2005. "Debt contracts with ex-ante and ex-post asymmetric information: an example," Game Theory and Information 0502003, EconWPA. [Downloadable!]
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    280. De Fiore, Fiorella & Uhlig, Harald, 2005. "Bank Finance versus Bond Finance: What Explains the Differences Between the US and Europe?," CEPR Discussion Papers 5213, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    281. S. Rao Aiyagari, 1994. "Macroeconomics with frictions," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum, pages 24-40. [Downloadable!]
    282. Ester Faia, 2004. "Monetary policy in a world with different financial systems," Money Macro and Finance (MMF) Research Group Conference 2003 28, Money Macro and Finance Research Group. [Downloadable!]
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    283. Roland Strausz, . "Mitigating Non-contractible actions by randomness," Papers 003, Departmental Working Papers. [Downloadable!]
    284. Robert Cressy, 2002. "Introduction: Funding Gaps," Economic Journal, Royal Economic Society, vol. 112(477), pages F1-F16, February. [Downloadable!] (restricted)
    285. Ethan Cohen-Cole & Enrique Martinez-Garcia, 2008. "The balance sheet channel," Quantitative Analysis Unit Working Paper QAU08-7, Federal Reserve Bank of Boston. [Downloadable!]
    286. Andrew F. Newman, 1991. "The Capital Market," Discussion Papers 951, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    287. Charles W. Calomiris & Athanasios Orphanides & Steven A. Sharpe, 1994. "Leverage as a State Variable for Employment, Inventory Accumulation, andFixed Investment," NBER Working Papers 4800, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    288. Stephen D. Williamson, 1989. "Restrictions on financial intermediaries and implications for aggregate fluctuations: Canada and the United States, 1870-1913," Staff Report 119, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    289. Agenor, Pierre-Richard & Aizenman, Joshua, 2002. "Financial sector inefficiencies and the debt Laffer curve," Policy Research Working Paper Series 2842, The World Bank. [Downloadable!]
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    290. Ippei Fujiwara & Yuki Teranishi, 2008. "Real Exchange Rate Dynamics under Staggered Loan Contracts," IMES Discussion Paper Series 08-E-11, Institute for Monetary and Economic Studies, Bank of Japan. [Downloadable!]
    291. Cheng Wang & Ruilin Zhou, 2000. "Equilibrium lending mechanism and aggregate activity," Working Paper Series WP-00-30, Federal Reserve Bank of Chicago. [Downloadable!]
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    292. Cafer Kaplan & Ferhan Salman, 2007. "Intermediation Costs and Financial Fragility," Working Papers 2008/12, Turkish Economic Association. [Downloadable!]
    293. Charles T. Carlstrom & Katherine A. Samolyk, 1993. "Examining the microfoundations of market incentives for asset-backed lending," Economic Review, Federal Reserve Bank of Cleveland, issue Q I, pages 27-38. [Downloadable!]
    294. Luis Carranza, . "Debt Composition and Balance Sheet Effects of Exchange and Interest Rates Volatility: Case of Peru," DCBSLA Series 6, Inter-American Development Bank, Research Department. [Downloadable!]
    295. Inderst, Roman & Mueller, Holger M, 2003. "Credit Risk Analysis and Security Design," CEPR Discussion Papers 3686, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    296. Louis Kaplow, 1996. "Optimal Insurance Contracts When Establishing The Amount of Losses is Costly," NBER Working Papers 4290, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    297. Hisashi Nakamura, 2007. "Strategic Default Jump as Impulse Control in Continuous Time," CIRJE F-Series CIRJE-F-532, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    298. Juan Sole, 2006. "Lending Resumption After Default: Lessons from Capital Markets During the 19th Century," IMF Working Papers 06/176, International Monetary Fund. [Downloadable!]
    299. Clive Bell & Peter L. Rousseau, 1999. "Post-Independence India: A Case of Finance-Led Industrialization?," Working Papers 0019, Department of Economics, Vanderbilt University, revised Jun 2000. [Downloadable!]
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    300. Fiorella De Fiore & Oreste Tristani, 2009. "Optimal monetary policy in a model of the credit channel," Working Paper Series 1043, European Central Bank. [Downloadable!]
    301. Levine, Ross & Zervos, Sara, 1996. "Stock markets, banks, and economic growth," Policy Research Working Paper Series 1690, The World Bank. [Downloadable!]
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    302. Haiping Zhang, 2005. "Speculation in Standard Auctions with Resale," Bonn Econ Discussion Papers bgse11_2005, University of Bonn, Germany. [Downloadable!]
    303. Georges Dionne & Florence Giuliano & Pierre Picard, 2003. "Optimal Auditing for Insurance Fraud," Cahiers de recherche 0329, CIRPEE. [Downloadable!]
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    304. Bojan Markovic, . "Bank capital channels in the monetary transmission mechanism," Bank of England working papers 313, Bank of England. [Downloadable!]
    305. Rangan Gupta, 2004. "Costly State Monitoring and Reserve Requirements," Working papers 2004-33, University of Connecticut, Department of Economics, revised Jul 2005. [Downloadable!]
    306. Laurent Clerk & Christian Pfister, 2003. "The role of financial factors in the transmission of monetary policy," BIS Papers chapters, in: Bank for International Settlements (ed.), Monetary policy in a changing environment, volume 19, pages 192-212 Bank for International Settlements. [Downloadable!]
    307. Mark G. Guzman, 1999. "Bank structure, capital accumulation and growth: a simple macroeconomic model," Working Papers 99-07, Federal Reserve Bank of Dallas. [Downloadable!]
    308. Yasmeen Khwaja, 2002. "Informal Credit Markets, Interlinkage and Migration," Economics and Finance Discussion Papers 02-23, Economics and Finance Section, School of Social Sciences, Brunel University. [Downloadable!]
    309. João Cabral dos Santos, 1995. "Debt and equity as optimal contracts," Working Paper 9505, Federal Reserve Bank of Cleveland. [Downloadable!]
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    310. Peter M. DeMarzo & Ilan Kremer & Andrzej Skrzypacz, 2004. "Bidding With Securities: Auctions and Security Design," NBER Working Papers 10891, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    311. Wako Watanabe, 2004. "Availability of Firms' Information and their Choice of External Credit: Evidence from the Data of Small Firms," ISER Discussion Paper 0616, Institute of Social and Economic Research, Osaka University. [Downloadable!]
    312. Stanley D. Longhofer, 1994. "Bankruptcy rules and debt contracting: on the relative efficiency of absolute priority, proportionate priority, and first-come, first-served rules," Working Paper 9415, Federal Reserve Bank of Cleveland. [Downloadable!]
    313. Fahad Khalil & David Martimort & Bruno Maria Parigi, 2005. "Monitoring a Common Agent: Implications for Financial Contracting," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    314. Stephen D. Williamson, 1987. "Recent developments in modeling financial intermediation," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum, pages 19-29. [Downloadable!]
    315. Stanley D. Longhofer, 1997. "Absolute priority rule violations, credit rationing, and efficiency," Working Paper 9710, Federal Reserve Bank of Cleveland. [Downloadable!]
    316. Thilo Pausch, 2005. "Credit Risk, Credit Rationing, and the Role of Banks: The Case of Risk Averse Lenders," Discussion Paper Series 271, Universitaet Augsburg, Institute for Economics. [Downloadable!]
    317. Orhangazi, Ozgur, 2007. "Financialization and Capital Accumulation in the Nonfinancial Corporate Sector: A Theoretical and Empirical Investigation on the US Economy, 1973-2004," MPRA Paper 7724, University Library of Munich, Germany. [Downloadable!]
    318. Assaf Razin & Efraim Sadka & Chi-Wa Yuen, 1999. "An Information-Based Model of Foreign Direct Investment: The Gains from Trade Revisited," International Tax and Public Finance, Springer, vol. 6(4), pages 579-596, November. [Downloadable!] (restricted)
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    319. Marco Arnone & Umberto Giacometti, 2004. "Crescita, Innovazione Tecnologica e Mercato dei Capitali: il Ruolo del Venture Capital," Finance 0404008, EconWPA. [Downloadable!]

  16. Robert M. Townsend, . "Risk and Insurance in Village India," University of Chicago - Population Research Center 91-3a, Chicago - Population Research Center.
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    1. Raj Chetty & Adam Looney, 2005. "Income Risk and the Benefits of Social Insurance: Evidence from Indonesia and the United States," NBER Working Papers 11708, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    2. Pierre Dubois, 2000. "Assurance complète, hétérogénéité des préférences et métayage au Pakistan," Annales d'Economie et de Statistique, ADRES, issue 59, pages 02, Juillet-S. [Downloadable!]
    3. Timothy J. Halliday, 2007. "Migration, Risk and the Intra-Household Allocation of Labor in El Salvador," Working Papers 200719, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
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    4. Sarmistha Pal, 2007. "Effects of Intergenerational Transfers on Elderly Coresidence with Adult Children: Evidence from Rural India," IZA Discussion Papers 2847, Institute for the Study of Labor (IZA). [Downloadable!]
    5. Donald Cox & Bruce E. Hansen & Emmanuel Jimenez, 1997. "How Responsive are Private Transfers to Income? Evidence from a Laissez-Faire Economy," Boston College Working Papers in Economics 341., Boston College Department of Economics, revised 01 Dec 1999. [Downloadable!]
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    6. Attila Ambrus & Markus Mobius & Adam Szeidl, 2007. "Consumption Risk-sharing in Social Networks," Economics Working Papers 0079, Institute for Advanced Study, School of Social Science. [Downloadable!]
    7. Junning Cai & PingSun Leung & James Mak, 2005. "Tourism's Forward and Backward Linkages," Working Papers 200516, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
    8. Mathias Hoffmann & Iryna Shcherbakova, 2009. "Consumption Risk Sharing over the Business Cycle: the Role of Small Firms' Access to Credit Markets," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    9. Renkow, Mitch & Hallstrom, Daniel G. & Karanja, Daniel, 2001. "Rural Infrastructure, Transactions Costs, And Marketed Surplus In Kenya," 2001 Annual meeting, August 5-8, Chicago, IL 20668, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    10. Manuela Angelucci & Giacomo DeGiorgi & Marcos A. Rangel & Imran Rasul, 2009. "Family Networks and School Enrolment: Evidence from a Randomized Social Experiment," NBER Working Papers 14949, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    11. Mariapia MENDOLA, 2005. "Farm households production theories: a review of institutional and behavioural responses," Departemental Working Papers 2005-01, Department of Economics University of Milan Italy. [Downloadable!]
    12. Balli, Faruk & Sorensen, Bent E., 2007. "Risk Sharing among OECD and EU Countries: The Role of Capital Gains, Capital Income, Transfers, and Saving," MPRA Paper 10223, University Library of Munich, Germany. [Downloadable!]
    13. Ligon, Ethan, 1995. "Altruism and markets," CUDARE Working Paper Series 758, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy. [Downloadable!]
    14. David K. Levine & William Zame, 2001. "Does Market Incompleteness Matter," Levine's Working Paper Archive 78, David K. Levine. [Downloadable!]
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    15. Charlotte Ostergaard & Bent E. Sorensen & Oved Yosha, 2000. "Consumption and aggregate constraints : evidence from U.S. states and Canadian provinces," Research Working Paper RWP 00-04, Federal Reserve Bank of Kansas City. [Downloadable!]
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    16. Dirk Krueger & Fabrizio Perri, 2003. "On the Welfare Consequences of the Increase in Inequality in the United States," NBER Working Papers 9993, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    17. Donald Cox, 2002. "Private Inter-household Transfers in Vietnam in the Early and Late 1990s," Boston College Working Papers in Economics 524, Boston College Department of Economics. [Downloadable!]
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    18. Eliza M. Lis & Christiane Nickel, 2009. "The Impact of Extreme Weather Events on Budget Balances and Implications for Fiscal Policy," Working Paper Series 1055, European Central Bank. [Downloadable!]
    19. Adaman, Fikret & Ardic, Oya Pinar & Tuzemen, Didem, 2006. "Network Effects in Risk Sharing and Credit Market Access: Evidence from Istanbul," MPRA Paper 4078, University Library of Munich, Germany, revised 01 Dec 2006. [Downloadable!]
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    20. Sanghamitra Bandyopadhyay & Frank Cowell, 2007. "Modelling Vulnerability in the UK," Economics Series Working Papers 313, University of Oxford, Department of Economics. [Downloadable!]
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    21. Korkeala, Outi & Newhouse, David & Duarte, Mafalda, 2009. "Distributional impact analysis of past climate variability in rural Indonesia," Policy Research Working Paper Series 5070, The World Bank. [Downloadable!]
    22. Eozenou, Patrick, 2008. "Optimal Risk Sharing Under Limited Commitment: Evidence From Rural Vietnam," MPRA Paper 12688, University Library of Munich, Germany. [Downloadable!]
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    23. Sonia Bhalotra, 2001. "Growth and welfare provisioning: lessons from the English Poor Laws?," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(7), pages 1083-1096. [Downloadable!]
    24. Tanaka, Tomomi & Camerer, Colin & Nguyen, Quang, 2009. "Measuring Norms of Redistributive Transfers: Trust Experiments and Survey Data from Vietnam," MPRA Paper 16119, University Library of Munich, Germany. [Downloadable!]
    25. Juan Camilo Cardenas & Jeffrey P. Carpenter, 2005. "Experiments and Economic Development: Lessons from Field Labs in the Developing World," Middlebury College Working Paper Series 0505, Middlebury College, Department of Economics. [Downloadable!]
    26. Quisumbing, Agnes R., 1995. "The extended family and intrahousehold allocation," FCND discussion papers 3, International Food Policy Research Institute (IFPRI). [Downloadable!]
    27. Steven Poelhekke, 2008. "Urban Growth, Uninsured Risk, and the Rural Origins of Aggregate Volatility," Economics Working Papers ECO2008/26, European University Institute. [Downloadable!]
    28. Aubhik Khan, 1999. "Financial development and economic growth," Working Papers 99-11, Federal Reserve Bank of Philadelphia. [Downloadable!]
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    29. Aubhik Khan & B. Ravikumar, 1999. "Growth and risk-sharing with private information," Working Papers 99-12, Federal Reserve Bank of Philadelphia. [Downloadable!]
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    30. LEEUWEN, I. van, 2005. "Gender and microinsurance," Working Papers - General Series 418, Institute of Social Studies. [Downloadable!]
    31. Kim, Soyoung & Lee, Jong-Wha & Shin, Kwanho, 2006. "Regional and Global Financial Integration in East Asia," MPRA Paper 695, University Library of Munich, Germany. [Downloadable!]
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    32. María J. Álvarez & Antonia Díaz, 2001. "Minimum Consumption And Transitional Dynamics In Wealth Distribution," Economics Working Papers we015013, Universidad Carlos III, Departamento de Economía. [Downloadable!]
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    33. Stefano G. Athanasoulis & Robert J. Shiller, 1999. "World Income Components: Measuring and Exploiting Risk-Sharing Opportunities," Cowles Foundation Discussion Papers 1239, Cowles Foundation, Yale University. [Downloadable!]
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    34. Jappelli, Tullio & Pagano, Marco, 2008. "Financial Market Integration Under EMU," CEPR Discussion Papers 7091, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    35. Takahiro Ito, 2009. "Education and Its Distributional Impacts on Living Standards," Global COE Hi-Stat Discussion Paper Series gd09-080, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    36. Gamanou, Gisele & Morduch, Jonathan, 2002. "Measuring Vulnerability to Poverty," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    37. Ligon, Ethan, 2002. "Targeting and Informal Insurance," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    38. Fumio Hayashi & Joseph Altonji & Laurence Kotlikoff, 1991. "Risk-sharing, altruism, and the factor structure of consumption," Discussion Paper / Institute for Empirical Macroeconomics 48, Federal Reserve Bank of Minneapolis. [Downloadable!]
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    39. Samuel Bentolila & Andrea Ichino, 2000. "Unemployment and Consumption: Are Job Losses Less Painful near the Mediterranean?," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    40. Adriana Arreaza & Bent E. Sorensen & Oved Yosha, 1998. "Consumption Smoothing through Fiscal Policy in OECD and EU Countries," NBER Working Papers 6372, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    41. Jacques Bouhga-Hagbe, 2004. "A Theory of Workers' Remittances With An Application to Morocco," IMF Working Papers 04/194, International Monetary Fund. [Downloadable!]
    42. Pascaline Dupas & Jonathan Robinson, 2009. "Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya," NBER Working Papers 14693, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    43. Orazio Attanasio & Gabriella Berloffa & Richard Blundell & Ian Preston, 2002. "From Earnings Inequality to Consumption Inequality," Economic Journal, Royal Economic Society, vol. 112(478), pages C52-C59, March. [Downloadable!] (restricted)
    44. Marcel Fafchamps & Flore Gubert, 2005. "The Formation of Risk Sharing Networks," Working Papers DT/2005/13, DIAL (Développement, Institutions & Analyses de Long terme). [Downloadable!]
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    45. Tesssa Bold & Stefan Dercon, 2009. "Contract Design in Insurance Groups," Economics Series Working Papers 421, University of Oxford, Department of Economics. [Downloadable!]
    46. Tullio Jappelli & Luigi Pistaferri, 2005. "Intertemporal Choice and Consumption Mobility," CFS Working Paper Series 2005/28, Center for Financial Studies. [Downloadable!]
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    47. Alderman, Harold & Paxson, Christina H & DEC, 1992. "Do the poor insure? A synthesis of the literature on risk and consumption in developing countries," Policy Research Working Paper Series 1008, The World Bank. [Downloadable!]
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    48. Sanghamitra Bandyopadhyay & Frank A Cowell, 2006. "Vulnerable Households and Variable Incomes," STICERD - Distributional Analysis Research Programme Papers 79, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
    49. Philippe LeMay-Boucher, 2007. "Insurance for the Poor: The Case of Informal Insurance Groups in Benin," CERT Discussion Papers 0707, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    50. Dean Yang, 2006. "Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002," NBER Working Papers 12794, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    51. P.A. Chiappori & I. Ekeland & F. Kubler & H.M. Polemarchakis, 2002. "Testable Implications of General Equilibrium Theory: a differentiable approach," Working Papers 2002-10, Brown University, Department of Economics. [Downloadable!]
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    52. R Gaiha & K Imai, 2006. "Vulnerability and poverty in rural India-estimates for rural south India," The School of Economics Discussion Paper Series 0602, Economics, The University of Manchester. [Downloadable!]
    53. Gine, Xavier & Townsend, Robert & Vickery, James, 2007. "Patternsof rainfall insurance participation in rural India," Policy Research Working Paper Series 4408, The World Bank. [Downloadable!]
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    54. Chantarat, Sommarat & Barrett , Christopher, 2008. "Social Network Capital, Economic Mobility and Poverty Traps," MPRA Paper 6841, University Library of Munich, Germany. [Downloadable!]
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    55. Dubois, Pierre & Jullien, Bruno & Magnac, Thierry, 2008. "Formal and Informal Risk Sharing in LDCs: Theory and Empirical Evidence," CEPR Discussion Papers 6661, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    56. Paul Gertler & David Levine & Minnie Ames, 2003. "Schooling and Parental Death," Center for International and Development Economics Research, Working Paper Series 1044, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
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    57. Stefan Dercon & Pramila Krishnan, 2003. "Risk Sharing and Public Transfers," Economic Journal, Royal Economic Society, vol. 113(486), pages C86-C94, March. [Downloadable!] (restricted)
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    58. Eozenou, Patrick, 2008. "The Determinants of Private Transfers in Rural Vietnam," MPRA Paper 12773, University Library of Munich, Germany. [Downloadable!]
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    59. Firman Witoelar, 2005. "Inter-household Allocations within Extended Family: Evidence from the Indonesia Family Life Survey," Working Papers 912, Economic Growth Center, Yale University. [Downloadable!]
    60. Oriol Carbonell-Nicolau & Diego Comin, 2005. "Testing Out Contractual Incompleteness: Evidence from Soccer," Departmental Working Papers 200501, Rutgers University, Department of Economics. [Downloadable!]
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    61. Jacques Bouhga-Hagbe, 2006. "Altruism and Workers' Remittances: Evidence from Selected Countries in the Middle East and Central Asia," IMF Working Papers 06/130, International Monetary Fund. [Downloadable!]
    62. Etienne B. Yehoue, 2005. "International Risk Sharing and Currency Unions: The CFA Zones," IMF Working Papers 05/95, International Monetary Fund. [Downloadable!]
    63. Orazio Attanasio & Erich Battistin & Hidehiko Ichimura, 2004. "What Really Happened to Consumption Inequality in the US?," NBER Working Papers 10338, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    64. Helene Bie Lilleør, 2008. "Can Future Uncertainty Keep Children Out of School?," CAM Working Papers 2008-06, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics. [Downloadable!]
    65. Krishnan, Pramila & Sciubba, Emanuela, 2008. "Links and Architecture in Village Networks," CEPR Discussion Papers 6787, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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    66. Ashok S. Rai & Tomas Sjostrom, . "Is Grameen Lending Efficient?," CID Working Papers 40, Center for International Development at Harvard University. [Downloadable!]
    67. Pierfederico Asdrubali & Soyoung Kim, 2005. "Incomplete Intertemporal Consumption Smoothing and Incomplete Risksharing," International Finance 0506010, EconWPA. [Downloadable!]
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    68. Benjamin A. Olken & Monica Singhal, 2009. "Informal Taxation," NBER Working Papers 15221, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    69. Goldstein, Markus & de Janvry, Alain & Sadoulet, Elisabeth, 2002. "Is a Friend in Need a Friend Indeed? Inclusion and Exclusion in Mutual Insurance Networks in Southern Ghana," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
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    70. James Roumasset, 2006. "The Economics of Agricultural Development: What Have We Learned? Processes," Working Papers 200604, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
    71. Sascha O. Becker & Mathias Hoffmann, 2008. "Equity Fund Ownership and the Cross-Regional Diversification of Household Risk," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    72. Debdulal Mallick & Mohammad Rafi, 2008. "Are the Female Headed Households More Food Insecure? Evidence from Bangladesh," Economics Series 2008_08, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
    73. TAMURA Sakuya & SAWADA Yasuyuki, 2009. "Consumption Insurance against Unforeseen Epidemics:The Case of Avian Influenza in Vietnam," Discussion papers 09023, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
    74. Jonathan Conning & Michael Kevane, 2003. "Why isn't there more Financial Intermediation in Developing Countries?," Hunter College Department of Economics Working Papers 214, Hunter College: Department of Economics. [Downloadable!]
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    75. P. Maitra, . "A Quantitative Analysis of Employment Guarantee Programs with an Application to Rural India," Working Papers 9709, University of Sydney, Department of Economics. [Downloadable!]
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    76. Das, Nimai & Sarker, Debnarayan, 2008. "Analysis of Risk Behavior of Households: Evidence from Gender Sensitive JFM Programme in West Bengal," MPRA Paper 15220, University Library of Munich, Germany. [Downloadable!]
    77. Jeong-Joon Lee & Yasuyuki Sawada, 2005. "Precautionary Saving under LiquidityConstraints: Evidence from Rural Pakistan," CIRJE F-Series CIRJE-F-377, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    78. David McKenzie & Ernesto Schargrodsky, 2005. "Buying Less, But Shopping More: Changes In Consumption Patterns During A Crisis," Business School Working Papers buyinglessshop, Universidad Torcuato Di Tella. [Downloadable!]
    79. John Giles, 2000. "Is Life More Risky in the Open? Household Risk-Coping and the Opening of China's Labor Markets," William Davidson Institute Working Papers Series 314, William Davidson Institute at the University of Michigan Stephen M. Ross Business School. [Downloadable!]
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    80. Sujoy Mukerji & Jean-Marc Tallon, 2000. "Ambiguity Aversion and Incompleteness of Financial Markets," Economics Series Working Papers 046, University of Oxford, Department of Economics. [Downloadable!]
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    81. Raj Chetty & Emmanuel Saez, 2008. "Optimal Taxation and Social Insurance with Endogenous Private Insurance," NBER Working Papers 14403, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    82. Salazar, César A. & Jaime, Mónica M., 2009. "Participación en Organizaciones de la Sociedad Civil en Chile. ¿Una Alternativa para Mejorar el Bienestar Económico?
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    83. Sebnem Kalemli-Ozcan & Bent E. Sorensen & Oved Yosha, 1999. "Risk Sharing and Industrial Specialization: Regional and International Evidence," JCPR Working Papers 86, Northwestern University/University of Chicago Joint Center for Poverty Research.
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    84. Philip Bond & Robert Townsend, 1996. "Formal and informal financing in a Chicago neighborhood," Economic Perspectives, Federal Reserve Bank of Chicago, issue Jul, pages 3-27. [Downloadable!]
    85. Ilan Noy, 2007. "The Macroeconomic Consequences of Disasters," Working Papers 200707, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
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    86. Mark Rosenzweig & Andrew D. Foster, 1995. "Imperfect Commitment, Altruism, and the Family: Evidence from Transfer Behavior in Low-Income Rural Areas," Home Pages _075, University of Pennsylvania. [Downloadable!]
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    87. Robinson, Jonathan & Yeh, Ethan, 2009. "Transactional sex as a response to risk in western Kenya," Policy Research Working Paper Series 4857, The World Bank. [Downloadable!]
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    88. Drew Saunders, 2007. "Sharing Risk Efficiently under Suboptimal Punishments for Defection," Purdue University Economics Working Papers 1203, Purdue University, Department of Economics. [Downloadable!]
    89. Tim Worrall, 1998. "Risk-Sharing in Village Economies," Keele Department of Economics Discussion Papers (1995-2001) 98/15, Department of Economics, Keele University. [Downloadable!]
    90. Gustav Ranis, 2003. "Is Dualism Worth Revisiting?," Working Papers 870, Economic Growth Center, Yale University. [Downloadable!]
    91. Kjetil Storesletten & Chris I. Telmer & Amir Yaron, 2001. "How Important Are Idiosyncratic Shocks? Evidence from Labor Supply," American Economic Review, American Economic Association, vol. 91(2), pages 413-417, May. [Downloadable!] (restricted)
    92. Marcel Fafchamps & Flore Gubert, 2004. "Contingent Loan Repayment in the Philippines," Economics Series Working Papers 215, University of Oxford, Department of Economics. [Downloadable!]
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    93. Gustav Ranis, 2004. "Arthur Lewis' Contribution to Development Thinking and Policy," Working Papers 891, Economic Growth Center, Yale University. [Downloadable!]
    94. Frederic Zimmerman & MICHAEL R. CARTER, . "Asset Smoothing, Consumption Smoothing and the Reproduction for Inequality under Risk and Subsistence Constraints," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 402, Wisconsin-Madison Agricultural and Applied Economics Department. [Downloadable!]
    95. Sebnem Kalemli-Ozcan & Bent E. Sorensen & Oved Yosha, 2004. "Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe," Working Papers 2004-05, Department of Economics, University of Houston. [Downloadable!]
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    96. James X. Sullivan, 2005. "Welfare Reform, Saving, and Vehicle Ownership: Do Asset Limits and Vehicle Exemptions Matter?," Staff Working Papers 05-117, W.E. Upjohn Institute for Employment Research. [Downloadable!] (restricted)
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    97. Paul Gertler & Jonathan Gruber, 1998. "Insuring Consumption Against Illness," JCPR Working Papers 41, Northwestern University/University of Chicago Joint Center for Poverty Research.
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    98. Tullio Jappelli & Luigi Pistaferri, 1999. "Consumption Insurance or Consumption Mobility?," CSEF Working Papers 19, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
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    99. Maria Jose Alvarez & Antonia Diaz, . "Minimum consuption, transitional dynamics ana the kuznets curve," Working Papers 2000-03, FEDEA. [Downloadable!]
    100. Joseph G. Altonji & Fumio Hayashi & Laurence J. Kotlikoff, 1993. "Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data," NBER Working Papers 3046, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    101. Lindbeck, Assar, 2002. "The European Social Model: Lessons for Developing Countries," Working Paper Series 581, Research Institute of Industrial Economics. [Downloadable!]
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    102. Stefan Dercon (QEH), Joachim De Weerdt, Tessa Bold, Alula Pankhurst, . "Membership Based Indigenous Insurance Associationsin Ethiopia and Tanzania," QEH Working Papers qehwps126, Queen Elizabeth House, University of Oxford. [Downloadable!]
    103. Kathleen Beegle & Rajeev Dehejia & Roberta Gatti, 2003. "Child Labor, Crop Shocks, and Credit Constraints," NBER Working Papers 10088, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    104. Ingela Alger & Jörgen Weibull, 2008. "The fetters of the sib: Weber meets Darwin," Working Papers hal-00354241_v1, HAL. [Downloadable!]
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    105. Harounan Kazianga & Christopher Udry, 2004. "Consumption Smoothing? Livestock, Insurance and Drought in Rural Burkina Faso," Working Papers 898, Economic Growth Center, Yale University. [Downloadable!]
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    106. Harttgen, Kenneth & Günther, Isabel, 2006. "Households' Vulnerability to Covariate and Idiosyncratic Shocks," Proceedings of the German Development Economics Conference, Berlin 2006 10, Verein für Socialpolitik, Research Committee Development Economics. [Downloadable!]
    107. Khan, Muhammad Arshad & Sajid, Muhammad Zubair, 2007. "Integration of Financial Markets in SAARC Countries: Evidence Based on Uncovered Interest rate Parity Hypothesis," MPRA Paper 6751, University Library of Munich, Germany. [Downloadable!]
    108. Oriana Bandiera & Imran Rasul, 2002. "Social Networks and Technology Adoption in Northern Mozambique," STICERD - Development Economics Papers 35, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
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    109. Wagstaff, Adam, 2005. "The economic consequences of health shocks," Policy Research Working Paper Series 3644, The World Bank. [Downloadable!]
    110. Nicolas Sirven, 2001. "Capital social et développement : quelques éléments d'analyse," Documents de travail 57, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV. [Downloadable!]
    111. Stefan Klonner, 2000. "Rotating Savings and Credit Associations as Insurance," Econometric Society World Congress 2000 Contributed Papers 1589, Econometric Society. [Downloadable!]
    112. Gary Charness & Garance Genicot, 2008. "Informal Risk Sharing in an Infinite-horizon Experiment," University of California at Santa Barbara, Economics Working Paper Series 09-08, Department of Economics, UC Santa Barbara. [Downloadable!]
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    113. Adriana D. Kugler, 2001. "From Severance Pay to Self-insurance: Effects of Severance Payments Savings Accounts in Colombia," Economics Working Papers 592, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    114. Stefan Dercon & Pramila Krishnan, 2004. "Food Aid and Informal Insurance," Development and Comp Systems 0409026, EconWPA. [Downloadable!]
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    115. Geeta Kingdon & John Knight, 2004. "Community, Comparisons and Subjective Well-being in a Divided Society," Development and Comp Systems 0409067, EconWPA. [Downloadable!]
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    116. Manuela Angelucci & Giacomo De Giorgi, 2006. "Indirect Effects of an Aid Program: The Case of Progresa and Consumption," IZA Discussion Papers 1955, Institute for the Study of Labor (IZA). [Downloadable!]
    117. M. Fatih Guvenen, 2002. "Does Stockholding Provide Perfect Risk Sharing?," RCER Working Papers 490, University of Rochester - Center for Economic Research (RCER), revised Mar 2003. [Downloadable!]
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    118. Zeller, Manfred & Ahmed, Akhter U. & Babu, Suresh Chandra & Broca, Sumiter S. & Diagne, Aliou & Sharma, Manohar, 1996. "Rural finance policies for food security of the poor," FCND discussion papers 11, International Food Policy Research Institute (IFPRI). [Downloadable!]
    119. Steven J. Haider & Kathleen McGarry, 2005. "Recent Trends in Resource Sharing Among the Poor," NBER Working Papers 11612, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    120. Raghav Gaiha & Katsushi Imai & Woojin Kang, 2007. "Vulnerability and poverty dynamics in Vietnam," The School of Economics Discussion Paper Series 0708, Economics, The University of Manchester. [Downloadable!]
    121. Eskander Alvi & Seife Dendir, 2009. "On consumption insurance in poor urban areas: Evidence from Ethiopia," Journal of International Development, John Wiley & Sons, Ltd., vol. 21(5), pages 699-713. [Downloadable!]
    122. Shinichi Nishiyama & Kent Smetters, 2002. "Ricardian Equivalence with Incomplete Household Risk Sharing," NBER Working Papers 8851, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    123. Geeta Kingdon & John Knight, 2004. "Well-being poverty versus income poverty and capabilities poverty?," Development and Comp Systems 0409040, EconWPA. [Downloadable!]
    124. Doireann Fitzgerald, 2007. "Trade Costs, Asset Market Frictions and Risk Sharing: A Joint Test," Working Papers CAS_RN_2007_7, Laboratory for Macroeconomic Analysis. [Downloadable!]
    125. Van den Berg, Marrit & Burger, Kees, 2008. "Household Consumption and Natural Disasters: The Case of Hurricane Mitch in Nicaragua," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44380, European Association of Agricultural Economists. [Downloadable!]
    126. Paul Mosley & Robert Holzmann & Steen Jorgensen, 1999. "Social protection as social risk management: conceptual underpinnings for the social protection sector strategy paper," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(7), pages 1005-1027.
    127. Carter, Michael R. & Maluccio, John A., 2002. "Social capital and coping with economic shocks," FCND discussion papers 142, International Food Policy Research Institute (IFPRI). [Downloadable!]
    128. Kazianga, Harounan, 2003. "Motives For Household Private Transfers In Rural Burkina Faso," 2003 Annual meeting, July 27-30, Montreal, Canada 21949, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    129. Yasushi Iwamoto & Miki Kohara & Makoto Saito, 2006. "On the Consumption Insurance Effects of Long-term Care Insurance In Japan: Evidence from Micro Household Data," CIRJE F-Series CIRJE-F-443, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    130. Kenneth Harttgen & Isabel Günther, 2007. "Estimating Vulnerability to Covariate and Idiosyncratic Shocks," Ibero America Institute for Econ. Research (IAI) Discussion Papers 154, Ibero-America Institute for Economic Research. [Downloadable!]
    131. Doss, Cheryl R., 1996. "Do Households Fully Share Risk? Evidence From Ghana," Staff Papers 13439, University of Minnesota, Department of Applied Economics. [Downloadable!]
    132. Christiaensen, Luc. J. & Subbarao, Kalanidhi, 2004. "Toward an understanding of household vulnerability in rural Kenya," Policy Research Working Paper Series 3326, The World Bank. [Downloadable!]
    133. Thierry Tressel, 1999. "Financial Intermediation and Growth: Long Run Consequences of Capital Market Imperfections," CSEF Working Papers 20, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
    134. Alexander Karaivanov, 2003. "Financial Contracts and Occupational Choice," Computing in Economics and Finance 2003 25, Society for Computational Economics. [Downloadable!]
    135. Andrew Atkeson & Tamim Bayoumi, 1993. "Do private capital markets insure regional risk? Evidence from the United States and Europe," Open Economies Review, Springer, vol. 4(3), pages 303-324, September. [Downloadable!] (restricted)
    136. Dercon, Stefan & Hoddinott, John & Krishnan, Pramila & Woldehannnam, Tassew, 2008. "Collective action and vulnerability: Burial societies in rural Ethiopia," CAPRi working papers 83, International Food Policy Research Institute (IFPRI). [Downloadable!]
    137. Abraham Arpad & Nicola Pavoni, 2004. "Efficient Allocations, with Moral Hazard and Hidden Borrowing and Lending," Levine's Bibliography 122247000000000138, UCLA Department of Economics. [Downloadable!]
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    138. Garance Genicot, Georgetown University and Debraj Ray, New York University and Instituto de An´alisis Econ´omico (CSIC), . "Informal Insurance, Enforcement Constraints, and Group Formation," Working Papers gueconwpa~04-04-03, Georgetown University, Department of Economics. [Downloadable!]
    139. Marcel Fafchamps & Takashi Kurosaki, 2000. "Insurance Market Efficiency and Crop Choices in Pakistan," Economics Series Working Papers 012, University of Oxford, Department of Economics. [Downloadable!]
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    140. Morduch, Jonathan, 2002. "Consumption Smoothing Across Space: Testing Theories of Risk-Sharing in the ICRISAT Study Region of South India," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    141. Sen, Debapriya, 2009. "A theory of sharecropping: the role of price behavior and imperfect competition," MPRA Paper 14898, University Library of Munich, Germany. [Downloadable!]
    142. Jalan, Jyotsna & Ravallion, Martin, 1997. "Are the poor less well-insured? Evidence on vulnerability to income risk in rural China," Policy Research Working Paper Series 1863, The World Bank. [Downloadable!]
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    143. Ethan Ligon & Jonathan P. Thomas & Tim Worrall, 1997. "Informal Insurance Arrangements in Village Economies," Keele Department of Economics Discussion Papers (1995-2001) 97/08, Department of Economics, Keele University, revised Oct 2000. [Downloadable!]
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    144. Skoufias, Emmanual & Parker, Susan W., 2002. "Labor market shocks and their impacts on work and schooling," FCND discussion papers 129, International Food Policy Research Institute (IFPRI). [Downloadable!]
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    145. Orazio Attanasio & Steven J. Davis, 1994. "Relative Wage Movements and the Distribution of Consumption," NBER Working Papers 4771, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    146. Sebnem Kalemi-Ozcan & Bent E. Sorensen & Oved Yosha, 2000. "Risk Sharing and Sectoral Specialization: Regional and International Evidence," Econometric Society World Congress 2000 Contributed Papers 1582, Econometric Society. [Downloadable!]
    147. Joseph Halevi, 1998. "The Accumulation Process in Japan and East Asia as Compared with the Role of Germany in European Post-war Growth," Working Papers 9804, University of Sydney, Department of Economics. [Downloadable!]
    148. Gine, Xavier & Townsend, Robert & Vickery, James, 2007. "Statistical analysis of rainfall insurance payouts in southern India," Policy Research Working Paper Series 4426, The World Bank. [Downloadable!]
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    149. Ventura, Luigi, 2008. "Risk sharing opportunities and macroeconomic factors in Latin American and Caribbean countries : A consumption insurance assessment," Policy Research Working Paper Series 4490, The World Bank. [Downloadable!]
    150. Quisumbing, Agnes R. & McNiven, Scott & Godquin, Marie, 2008. "Shocks, groups, and networks in Bukidnon, Philippines:," CAPRi working papers 84, International Food Policy Research Institute (IFPRI). [Downloadable!]
    151. Masao Ogaki & Qiang Zhang, 2000. "Decreasing Relative Risk Aversion and Tests of Risk Sharing," Econometric Society World Congress 2000 Contributed Papers 1588, Econometric Society. [Downloadable!]
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    152. Alger, Ingela & Weibull, Jörgen, 2007. "Family ties, incentives and development: a model of coerced altruism," Working Paper Series in Economics and Finance 681, Stockholm School of Economics. [Downloadable!]
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    153. Fatih Guvenen, 2005. "Do Stockholders Share Risk More Effectively Than Non- stockholders?," Macroeconomics 0508006, EconWPA. [Downloadable!]
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    154. Roumasset, James, 2006. "The Economics of Agricultural Development: What Have We Learned?," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25598, International Association of Agricultural Economists. [Downloadable!]
    155. Sarmistha Pal, 2004. "Do Children Act As Old Age Security in Rural India? Evidence from an Analysis of Elderly Living Arrangements," Labor and Demography 0405002, EconWPA, revised 15 Oct 2004. [Downloadable!]
    156. Raj Chetty & Adam Looney, 2005. "Consumption Smoothing and the Welfare Consequences of Social Insurance in Developing Economies," NBER Working Papers 11709, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    157. Robert Jensen, 2000. "Agricultural Volatility and Investments in Children," American Economic Review, American Economic Association, vol. 90(2), pages 399-404, May. [Downloadable!] (restricted)
    158. Ana María Ibáñez & Andrés Moya, 2006. "The Impact of Intra-State Conflict on Economic Welfare and Consumption Smoothing: Empirical Evidence for the Displaced Population in Colombia," HiCN Working Papers 23, Households in Conflict Network. [Downloadable!]
    159. Thomas J. Kniesner & James P. Ziliak, 2000. "Tax Reform and Automatic Stabilization," Econometric Society World Congress 2000 Contributed Papers 0788, Econometric Society. [Downloadable!]
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    160. Stafano Athanasoulis & Eric van Wincoop, 1998. "Risksharing within the United States: what have financial markets and fiscal federalism accomplished?," Research Paper 9808, Federal Reserve Bank of New York. [Downloadable!]
    161. Beegle, Kathleen, 2003. "Labor effects of adult mortality in Tanzanian households," Policy Research Working Paper Series 3062, The World Bank. [Downloadable!]
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    162. Abigail Barr, 2003. "Risk Pooling, Commitment and Information: An experimental test of two fundamental assumptions," Working Papers 2082, The Field Experiments Website. [Downloadable!]
    163. Masao Ogaki & Qiang Zhang, 2000. "Risk Sharing in Village India: the Rule of Decreasing Relative Risk Aversion," Working Papers 00-02, Ohio State University, Department of Economics. [Downloadable!]
    164. Morduch, Jonathan, 1999. "Between the State and the Market: Can Informal Insurance Patch the Safety Net?," World Bank Research Observer, Oxford University Press, vol. 14(2), pages 187-207, August. [Downloadable!]
    165. Yann Bramoullé & Rachel Kranon, 2005. "Risk-Sharing Networks," Cahiers de recherche 0526, CIRPEE. [Downloadable!]
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    166. Notten, Geranda & de Crombrugghe, Denis, 2006. "Poverty risk and consumption smoothing abilities in Russia," MPRA Paper 5314, University Library of Munich, Germany, revised 27 Jul 2007. [Downloadable!]
    167. Koeniger, Winfried, 2001. "Labor and Financial Market Interactions: The Case of Labor Income Risk and Car Insurance in the UK 1969-95," IZA Discussion Papers 240, Institute for the Study of Labor (IZA). [Downloadable!]
    168. Slobodan Djajic & Sajal Lahiri & Pascalis Raimondos-Moller, 2003. "Logic of aid in an intertemporal setting," HEI Working Papers 06-2003, Economics Section, The Graduate Institute of International Studies. [Downloadable!]
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    169. Mathias Hoffmann & Thomas Nitschka, 2008. "Securitization of Mortgage Debt, Asset Prices and International Risk Sharing," IEW - Working Papers iewwp376, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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    170. Andrew D. Foster, . "Prices, Credit Constraints, and Child Growth in Low-Income Rural Areas," Home Pages _070, University of Pennsylvania. [Downloadable!]
    171. Chiappori, Pierre Andre & Salanie, Bernard, 2002. "Testing Contract Theory: A Survey of Some Recent Work," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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    172. Asadul Islam & Pushkar Maitra, 2008. "Health Shocks And Consumption Smoothing In Rural Households: Does Microcredit Have A Role To Play?," Monash Economics Working Papers 22/08, Monash University, Department of Economics. [Downloadable!]
    173. Santos, Paulo & Barrett, Christopher B., 2006. "Informal Insurance in the Presence of Poverty Traps: Evidence from Southern Ethiopia," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25487, International Association of Agricultural Economists. [Downloadable!]
    174. Dehejia, Rajeev H. & Beegle, Kathleen & Gatti, Roberta, 2003. "Child labor, income shocks, and access to credit," Policy Research Working Paper Series 3075, The World Bank. [Downloadable!]
    175. Ana María Ibáñez & Andrés Moya, 2009. "Do conflicts create poverty traps? Asset losses and recovery for displaced households in Colombia," Research Working Papers 10, MICROCON - A Micro Level Analysis of Violent Conflict. [Downloadable!]
    176. Dercon, Stefan, 2002. "Income Risk, Coping Strategies and Safety Nets," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
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    177. Sudarno Sumarto & Asep Suryahadi & Wenefrida Widyanti, 2004. "Assessing the Impact of Indonesian Social Safety Net Programs on Household Welfare and Poverty Dynamics," Development Economics Working Papers 108, East Asian Bureau of Economic Research. [Downloadable!]
    178. Basu, Kaushik & Felkey, Amanda J., 2008. "A Theory of Efficiency Wage with Multiple Unemployment Equilibria: How a Higher Minimum Wage Law Can Curb Unemployment," IZA Discussion Papers 3381, Institute for the Study of Labor (IZA). [Downloadable!]
    179. Paul Gertler & David I. Levine & Enrico Moretti, 2003. "Do Microfinance Programs Help Families Insure Consumption Against Illness?," Development and Comp Systems 0303004, EconWPA. [Downloadable!]
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    180. Gaiha, Raghav & Imai, Katsushi, 2008. "Measuring Vulnerability and Poverty: Estimates for Rural India," Working Papers RP2008/40, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    181. Mathias Hoffmann, 2008. "The Lack of International Consumption Risk Sharing: Can Inflation Differentials and Trading Costs Help Explain the Puzzle?," Open Economies Review, Springer, vol. 19(2), pages 183-201, April. [Downloadable!] (restricted)
    182. Sarmistha Pal, 2006. "Elderly Health, Wealth and Coresidence with Adult Children in Rural India," Economics and Finance Discussion Papers 06-17, Economics and Finance Section, School of Social Sciences, Brunel University. [Downloadable!]
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    183. Rajeev Dehejia & Thomas DeLeire & Erzo F.P. Luttmer, 2005. "Insuring Consumption and Happiness Through Religious Organizations," NBER Working Papers 11576, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    184. Menno Pradhan & Nicholas Prescott, 2002. "Social risk management options for medical care in Indonesia," Health Economics, John Wiley & Sons, Ltd., vol. 11(5), pages 431-446. [Downloadable!]
    185. Oluwatayo, I.B., 2004. "Income Risk and Welfare Status of Rural Households in Nigeria: Ekiti State as a Test Case," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    186. Stefan Dercon & Joachim de Weerdt, 2004. "Risk-Sharing Networks And Insurance Against Illness," Development and Comp Systems 0409019, EconWPA. [Downloadable!]
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    187. Diagne, Aliou, 1999. "Determinants of household access to and participation in formal and informal credit markets in Malawi," FCND discussion papers 67, International Food Policy Research Institute (IFPRI). [Downloadable!]
    188. Gustav Ranis, 2004. "The Evolution of Development Thinking: Theory and Policy," Working Papers 886, Economic Growth Center, Yale University. [Downloadable!]
    189. Pushkar Maitra, 2001. "A quantitative analysis of employment guarantee programmes with an application to rural India," Journal of International Trade & Economic Development, Taylor and Francis Journals, vol. 10(2), pages 211-228, June. [Downloadable!] (restricted)
    190. Joshua S. Graff Zivin & Harsha Thirumurthy & Markus Goldstein, 2006. "AIDS Treatment and Intrahousehold Resource Allocations: Children's Nutrition and Schooling in Kenya," NBER Working Papers 12689, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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    191. Kugler, Adriana D., 2002. "From Severance Pay to Self-Insurance: Effects of Severance Payments Savings Accounts in Colombia," IZA Discussion Papers 434, Institute for the Study of Labor (IZA). [Downloadable!]
    192. Sawada, Yasuyuki, 2006. "The Impact of Natural and Manmade Disasters on Household Welfare," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25750, International Association of Agricultural Economists. [Downloadable!]
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    193. Jonathan P. Thomas & Tim Worrall, 2000. "Gift-giving, Quasi-Credit and Reciprocity," Development and Comp Systems 0004005, EconWPA. [Downloadable!]
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    194. Fafchamps, Marcel, 2002. "Inequality and Risk," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
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    195. Waelbroeck, Jean, 1998. "Half a century of development economics : a review based on the"Handbook of Development Economics"," Policy Research Working Paper Series 1925, The World Bank. [Downloadable!]
    196. Harounan Kaziango, 2004. "Motives for Household Private Transfers in Burkina Faso," Working Papers 895, Economic Growth Center, Yale University. [Downloadable!]
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    197. Kaivan Munshi & Mark Rosenzweig, 2009. "Why is Mobility in India so Low? Social Insurance, Inequality, and Growth," NBER Working Papers 14850, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    198. Ethan Ligon, 1996. "Risk-Sharing and Information: Theory and Measurement in Village Economies," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series 824, Department of Agricultural & Resource Economics, UC Berkeley. [Downloadable!]
    199. Ceema Zahra Namazie, 2002. "Early Evidence of Welfare Changes in the Kyrgyz Republic: Have Things Got Worse with Reforms?," STICERD - Distributional Analysis Research Programme Papers 63, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
    200. Stillman, Steven & Thomas, Duncan, 2004. "The Effect of Economic Crises on Nutritional Status: Evidence from Russia," IZA Discussion Papers 1092, Institute for the Study of Labor (IZA). [Downloadable!]
    201. Seema Jayachandran, 2005. "Selling Labor Low: Wage Responses to Productivity Shocks in Developing Countries," UCLA Economics Online Papers 370, UCLA Department of Economics. [Downloadable!]
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    202. Naohito Abe & Tomoaki Yamada, 2004. "Life-Cycle Model and Consumption: Structural Estimation of Precautionary and Life-Cycle Motives (in Japanese)," Hi-Stat Discussion Paper Series d04-37, Institute of Economic Research, Hitotsubashi University. [Downloadable!]
    203. de Janvry, Alain & Sadoulet, Elisabeth & Winters, Paul & Murgai, Rinku, 2000. "Localized and Incomplete Mutual Insurance," Working Papers 12905, University of New England, School of Economics. [Downloadable!]
    204. Lei Pan, 2007. "Risk Pooling through Transfers in Rural Ethiopia," Tinbergen Institute Discussion Papers 07-014/2, Tinbergen Institute, revised 28 Sep 2007. [Downloadable!]
    205. Sonia R Bhalotra & Chris Heady, 2000. "Child Farm Labour: Theory and Evidence," STICERD - Development Economics Papers 24, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
    206. P. Maitra, . "Is Consumption Smooth at the coast of Volatile Leisure: An Investigation of Rural India," Working Papers 9711, University of Sydney, Department of Economics. [Downloadable!]
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    207. Faruk Balli & Bent E. Sørensen, 2006. "The Impact of the EMU on Channels of Risk Sharing between Member Countries," Papers of the Annual IUE-SUNY Cortland Conference in Economics, in: Proceedings of the Conference on Human and Economic Resources, pages 399-429 Izmir University of Economics. [Downloadable!]
    208. Michael Smart, 2004. "Equalization and Stabilization," Canadian Public Policy, University of Toronto Press, vol. 30(2), pages 195-208, June. [Downloadable!] (restricted)
    209. Hisaki Kono, 2006. "Is Group Lending A Good Enforcement Scheme for Achieving High Repayment Rates? Evidence from Field Experiments in Vietnam," Artefactual Field Experiments 0063, The Field Experiments Website. [Downloadable!]
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    210. Irac, D. & Minoiu, C., 2006. "Risk Insurance in a Transition Economy: Evidence from Rural Romania," Documents de Travail 154, Banque de France. [Downloadable!]
    211. Timothy Halliday, 2005. "Migration, Risk and Liquidity Constraints in El Salvador," Working Papers 200511, University of Hawaii at Manoa, Department of Economics, revised 28 Mar 2006. [Downloadable!]
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    212. Douglas Miller & Anna Paulson, 2000. "Informal Insurance and Moral Hazard: Gambling and Remittances in Thailand," Econometric Society World Congress 2000 Contributed Papers 1463, Econometric Society. [Downloadable!]
    213. Daron Acemoglu & Fabrizio Zilibotti, 1997. "Setting Standards: Information Accumulation in Development," Economics Working Papers 212, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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    214. Dean Yang & HwaJung Choi, 2005. "Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines," Working Papers 535, Research Seminar in International Economics, University of Michigan. [Downloadable!]
    215. Carmona, Guilherme, 2006. "On the Optimality of the Equality Matching Form of Sociality," FEUNL Working Paper Series wp489, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
    216. Attilio Gardini & Giuseppe Cavaliere & Luca Fanelli, 2006. "Risk sharing, avversione al rischio e stabilizzazione delle economie regionali in Italia," Quaderni di Dipartimento 0, Department of Statistics, University of Bologna. [Downloadable!]
    217. Kathleen Beegle & Rajeev H. Dehejia & Roberta Gatti, 2002. "Do households resort to child labor to cope with income shocks?," Discussion Papers 0203-12, Columbia University, Department of Economics. [Downloadable!]
    218. Patricia Justino & Philip Verwimp, 2006. "Poverty Dynamics, Violent Conflict and Convergence in Rwanda," HiCN Working Papers 16, Households in Conflict Network. [Downloadable!]
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    219. Yasuyuki Sawada, 2003. "Income Risks, Gender, and Human Capital Investment in a Developing Country," CIRJE F-Series CIRJE-F-198, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    220. Chiaki Hara, 2005. "Heterogeneous Risk Attitudes in a Continuous-Time Model," KIER Working Papers 609, Kyoto University, Institute of Economic Research. [Downloadable!]
    221. Singh, Nirvikar, 2006. "ICTs and rural development in India," MPRA Paper 1274, University Library of Munich, Germany. [Downloadable!]
    222. Tigran Poghosyan & Jakob de Haan, 2007. "Interest Rate Linkages in EMU Countries: A Rolling Threshold Vector Error-Correction Approach," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
    223. Shubham Chaudhuri & Christina Paxson, 2002. "Smoothing consumption under income seasonality: Buffer stocks vs. credit markets," Discussion Papers 0102-54, Columbia University, Department of Economics. [Downloadable!]
    224. Ito, Takahiro & Kurosaki, Takashi, 2006. "Weather Risk and the Off-­Farm Labor Supply of Agricultural Households in India," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25774, International Association of Agricultural Economists. [Downloadable!]
    225. Hogset, Heidi, 2005. "Social Networks and Technology Adoption," 2005 Annual meeting, July 24-27, Providence, RI 19379, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    226. Abigail Barr, 2003. "Risk Pooling, Commitment and Information: An experimental test of two fundamental assumptions," Framed Field Experiments 0006, The Field Experiments Website. [Downloadable!]
    227. Minten, Bart & Reardon, Thomas & Vandeplas, Anneleen, 2009. "Linking urban consumers and rural farmers in India: A comparison of traditional and modern food supply chains," IFPRI discussion papers 883, International Food Policy Research Institute (IFPRI). [Downloadable!]
    228. Krishnan, P. & Sciubba, E., 2004. "Links and Architecture in Village Networks (previously: Endogenous Network Formation and Informal Institutions in Village Economies)," Cambridge Working Papers in Economics 0462, Faculty of Economics, University of Cambridge. [Downloadable!]
    229. Quoc-Anh Do & Stephen Leider & Markus M. Mobius & Tanya Rosenblat, 2008. "Directed Altruism and Enforced Reciprocity in Social Networks," Working Papers 17-2008, Singapore Management University, School of Economics. [Downloadable!]
    230. Oguz Esen & Ayla Ogus (ed.), 2006. "Proceedings of the International Conference on Human and Economic Resources," Proceedings of the IUE-SUNY Cortland Conference in Economics, Izmir University of Economics, number 2006, November. [Downloadable!]
    231. Robinson, Jonathan, 2008. "Limited Insurance Within the Household: Evidence from a Field Experiment in Kenya," MPRA Paper 8314, University Library of Munich, Germany. [Downloadable!]
    232. Christian A. Stoltenberg & Vadym Lepetyuk, 2009. "Policy announcements and welfare," Working Papers. Serie AD 2009-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
    233. Benjamin Dennis & Talan Iscan, 2002. "Terms of Trade Risk," Department of Economics at Dalhousie University working papers archive totrisk, Dalhousie, Department of Economics. [Downloadable!]
    234. Naschold, Felix, 2009. "“Poor stays poor” - Household asset poverty traps in rural semi-arid India," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49396, Agricultural and Applied Economics Association. [Downloadable!]
    235. Eli Berman & David D. Laitin, 2008. "Religion, Terrorism and Public Goods: Testing the Club Model," NBER Working Papers 13725, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    236. Pricila Maziero & Laurence Ales, 2008. "Accounting for private information," Working Papers 663, Federal Reserve Bank of Minneapolis. [Downloadable!]
    237. Samuel Bentolila & Andrea Ichino, 2008. "Unemployment and consumption near and far away from the Mediterranean," Journal of Population Economics, Springer, vol. 21(2), pages 255-280, April. [Downloadable!] (restricted)
    238. Makoka, Donald, 2009. "Do rural households smooth their consumption? Applying an asset-based approach to the case of Malawi," MPRA Paper 15398, University Library of Munich, Germany. [Downloadable!]
    239. Christophe Muller, 2007. "Axiomatically Sound Poverty Measurement With Scarce Data And Price Dispersion," Working Papers. Serie AD 2007-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]

Articles

  1. Doepke, Matthias & Townsend, Robert M., 2006. "Dynamic mechanism design with hidden income and hidden actions," Journal of Economic Theory, Elsevier, vol. 126(1), pages 235-285, January. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  2. Robert M. Townsend & Kenichi Ueda, 2006. "Financial Deepening, Inequality, and Growth: A Model-Based Quantitative Evaluation-super-1," Review of Economic Studies, Blackwell Publishing, vol. 73(1), pages 251-293, 01. [Downloadable!] (restricted)

    Cited by:

    1. Greenwood, Jeremy & Sanchez, Juan M & Wang, Cheng, 2007. "Financing Development: The Role of Information Costs," Staff General Research Papers 12848, Iowa State University, Department of Economics. [Downloadable!]
      Other versions:
    2. Alex William Trew, 2009. " Contracting Institutions and Growth," CDMA Working Paper Series 0904, Centre for Dynamic Macroeconomic Analysis. [Downloadable!]
    3. Eric Bond & James R. Tybout & Hâle Utar, 2008. "Credit Rationing, Risk Aversion and Industrial Evolution in Developing Countries," NBER Working Papers 14116, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    4. Brückner, Markus & Gerling, Kerstin & Grüner, Hans Peter, 2007. "Wealth Inequality and Credit Markets: Evidence from Three Industrialized Countries," CEPR Discussion Papers 6485, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    5. Alex William Trew, 2007. " Efficiency, Depth and Growth: Quantitative Implications of Finance and Growth Theory," CDMA Working Paper Series 0712, Centre for Dynamic Macroeconomic Analysis. [Downloadable!]
      Other versions:

  3. Joseph P. Kaboski & Robert M. Townsend, 2005. "Policies and Impact: An Analysis of Village-Level Microfinance Institutions," Journal of the European Economic Association, MIT Press, vol. 3(1), pages 1-50, 03. [Downloadable!] (restricted)

    Cited by:

    1. Jonathan Zinman & Dean Karlan, 2009. "Expanding Microenterprise Credit Access: Using Randomized Supply Decisions to Estimate the Impacts in Manila," Working Papers 976, Economic Growth Center, Yale University. [Downloadable!]
    2. Dean Karlan & Jonathan Zinman, 2007. "Expanding Credit Access: Using Randomized Supply Decisions to Estimate the Impacts," Working Papers 956, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    3. Pascaline Dupas & Jonathan Robinson, 2009. "Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya," NBER Working Papers 14693, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    4. Asadul Islam Author-X-Name-Asadul, 2008. "Who Benefits From Microfinance? The Impact Evaluation Of Large Scale Programs In Bangladesh," Monash Economics Working Papers 29/08, Monash University, Department of Economics. [Downloadable!]
    5. Menkhoff, Lukas & Rungruxsirivorn, Ornsiri, 2009. "Village Funds and Access to Finance in Rural Thailand," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Universität Hannover dp-417, Universität Hannover, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
    6. Christian Ahlin & Neville Jiang, 2005. "Can Micro-Credit Bring Development?," Working Papers 05019, Department of Economics, Vanderbilt University. [Downloadable!]
    7. Menkhoff, Lukas & Suwanaporn, Chodechai, 2007. "10 Years after the Crisis: Thailand's Financial System Reform," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Universität Hannover dp-356, Universität Hannover, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
      Other versions:
    8. Islam, Asadul & Choe, Chongwoo, 2009. "Child Labour and Schooling Responses to Access to Microcredit in Rural Bangladesh," MPRA Paper 16842, University Library of Munich, Germany. [Downloadable!]
    9. Bruhn, Miriam & Love, Inessa, 2009. "The economic impact of banking the unbanked : evidence from Mexico," Policy Research Working Paper Series 4981, The World Bank. [Downloadable!]

  4. Aaronson, Daniel & Bostic, Raphael W. & Huck, Paul & Townsend, Robert, 2004. "Supplier relationships and small business use of trade credit," Journal of Urban Economics, Elsevier, vol. 55(1), pages 46-67, January. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  5. Gine, Xavier & Townsend, Robert M., 2004. "Evaluation of financial liberalization: a general equilibrium model with constrained occupation choice," Journal of Development Economics, Elsevier, vol. 74(2), pages 269-307, August. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  6. Paulson, Anna L. & Townsend, Robert, 2004. "Entrepreneurship and financial constraints in Thailand," Journal of Corporate Finance, Elsevier, vol. 10(2), pages 229-262, March. [Downloadable!] (restricted)

    Cited by:

    1. Anna L. Paulson & Robert Townsend, 2003. "Distinguishing limited commitment from moral hazard in models of growth with inequality," Working Paper Series WP-03-06, Federal Reserve Bank of Chicago. [Downloadable!]
    2. Martin Valdivia & Dean Karlan, 2006. "Teaching Entrepreneurship: Impact of Business Training on Microfinance Clients and Institutions," Working Papers 941, Economic Growth Center, Yale University. [Downloadable!]
      Other versions:
    3. Francisco Buera, 2009. "A dynamic model of entrepreneurship with borrowing constraints: theory and evidence," Annals of Finance, Springer, vol. 5(3), pages 443-464, June. [Downloadable!] (restricted)
    4. Monica H. Maestro, Alberto de Miguel, Julio Pindado, 2005. "Frontiers of Financially Constrained and Unconstrained Firms: a New Development in Finance," Frontiers in Finance and Economics, Lille Graduate School of Management, vol. 2(2), pages 1-32, December. [Downloadable!]
    5. Marco Cagetti & Mariacristina De Nardi, 2006. "Wealth Inequality: Data and Models," NBER Working Papers 12550, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    6. Francisco J. Buera & Joseph Kaboski & Yongseok Shin, 2009. "Finance and Development: A Tale of Two Sectors," NBER Working Papers 14914, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    7. Eric Bond & James R. Tybout & Hâle Utar, 2008. "Credit Rationing, Risk Aversion and Industrial Evolution in Developing Countries," NBER Working Papers 14116, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    8. Demirguc-Kunt, Asli & Klapper, Leora F. & Panos, Georgios A., 2009. "Entrepreneurship in post-conflict transition : the role of informality and access to finance," Policy Research Working Paper Series 4935, The World Bank. [Downloadable!]
    9. Vincenzo Quadrini, 2009. "Entrepreneurship in macroeconomics," Annals of Finance, Springer, vol. 5(3), pages 295-311, June. [Downloadable!] (restricted)
    10. William D. Dupor & Andreas Lehnert, 2002. "Increasing returns and optimal oscillating labor supply," Finance and Economics Discussion Series 2002-22, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    11. Douglas L. Miller & Anna Paulson, 2007. "Risk taking and the quality of informal insurance: gambling and remittances in Thailand," Working Paper Series WP-07-01, Federal Reserve Bank of Chicago. [Downloadable!]
    12. Menkhoff, Lukas & Suwanaporn, Chodechai, 2007. "10 Years after the Crisis: Thailand's Financial System Reform," Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Universität Hannover dp-356, Universität Hannover, Wirtschaftswissenschaftliche Fakultät. [Downloadable!]
      Other versions:
    13. Demirguc-Kunt, Asli & Levine, Ross, 2009. "Finance and inequality : theory and evidence," Policy Research Working Paper Series 4967, The World Bank. [Downloadable!]
      Other versions:
    14. MacGee, James C., 2006. "Land Titles, Credit Markets and Wealth Distributions," Working Papers RP2006/150, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
    15. Dean Yang, 2006. "Why Do Migrants Return to Poor Countries? Evidence From Philippine Migrants%u2019 Responses to Exchange Rate Shocks," NBER Working Papers 12396, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    16. Boucher, Steve & Guirkinger, Catherine & Trivelli, Carolina, 2006. "Direct Elicitation of Credit Constraints: Conceptual and Practical Issues with an Empirical Application to Peruvian Agriculture," Working Papers 6883, University of California, Davis, Department of Agricultural and Resource Economics. [Downloadable!]

  7. Prescott, Edward Simpson & Townsend, Robert M., 2002. "Collective Organizations versus Relative Performance Contracts: Inequality, Risk Sharing, and Moral Hazard," Journal of Economic Theory, Elsevier, vol. 103(2), pages 282-310, April. [Downloadable!] (restricted)

    Cited by:

    1. Prescott, Edward & Shell, Karl, 2002. "Introduction to Sunspots and Lotteries," Working Papers 02-08, Cornell University, Center for Analytic Economics. [Downloadable!]
      Other versions:
    2. Brink, R. van den & Ruys, P.H.M., 2005. "Technological change, wages and firm size," Discussion Paper 22, Tilburg University, Tilburg Law and Economic Center. [Downloadable!]
    3. Jonathan Conning & Michael Kevane, 2003. "Why isn't there more Financial Intermediation in Developing Countries?," Hunter College Department of Economics Working Papers 214, Hunter College: Department of Economics. [Downloadable!]
      Other versions:
    4. M. Kugler & R. Oppes, 2005. "Collateral and Risk Sharing in group lending: evidence from an urban microcredit program," Working Paper CRENoS 200509, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia. [Downloadable!]
    5. Christian Ahlin & Robert Townsend, 2003. "Selection into and across Credit Contracts: Theory and Field Research," Working Papers 0323, Department of Economics, Vanderbilt University. [Downloadable!]
    6. René van den Brink & Robert P. Gilles, 2003. "Explicit and Latent Authority in Hierarchical Organizations," Tinbergen Institute Discussion Papers 03-102/1, Tinbergen Institute. [Downloadable!]
      Other versions:
    7. Rene van den Brink & Pieter H.M. Ruys, 2005. "Positional Wages, Market Wages and Firm Size," Tinbergen Institute Discussion Papers 05-020/1, Tinbergen Institute. [Downloadable!]

  8. Paul Huck & Sherrie Rhine & Robert Townsend & Philip Bond, 1999. "A comparison of small business finance in two Chicago minority neighborhoods," Proceedings, Federal Reserve Bank of Chicago, issue Mar, pages 467-502. [Downloadable!]

    Cited by:

    1. Franklin Allen & James McAndrews & Philip Strahan, 2001. "E-Finance: An Introduction," Center for Financial Institutions Working Papers 01-36, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
      Other versions:
    2. Jeremy Berkowitz & Michelle J. White, 1999. "The effect of personal bankruptcy law on small firms' access to credit," Proceedings, Federal Reserve Bank of Chicago, issue Mar, pages 445-466. [Downloadable!]
    3. Brian Uzzi & James J. Gillespie, 1999. "What small firms get capital and what cost: notes on the role of social capital and banking networks," Proceedings, Federal Reserve Bank of Chicago, issue Mar, pages 413-444. [Downloadable!]
    4. Gregory F. Udell & Philip E. Strahan, 1999. "The small business lending relationship: session B (discussion comments)," Proceedings, Federal Reserve Bank of Chicago, issue Mar, pages 503-526. [Downloadable!]
    5. Maude Toussaint-Comeau & Sherrie L.W. Rhine, 2000. "Increasing participation in mainstream financial markets by black households," Consumer and Community Affairs Policy Studies 2000-4, Federal Reserve Bank of Chicago. [Downloadable!]

  9. Paul Huck & Sherrie L. W. Rhine & Philip Bond & Robert Townsend, 1999. "Small business finance in two Chicago minority neighborhoods," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II, pages 46-62. [Downloadable!]

    Cited by:

    1. Daniel Aaronson & Paul Huck & Robert Townsend, 2000. "Small-business access to trade credit: some evidence of ethnic differences," Consumer and Community Affairs Policy Studies 2000-2, Federal Reserve Bank of Chicago. [Downloadable!]
      Other versions:
    2. Daniel Aaronson & Raphael Bostic & Paul Huck & Robert Townsend, 2000. "Supplier relationships and small business use of trade credit," Working Paper Series WP-00-28, Federal Reserve Bank of Chicago. [Downloadable!]
      Other versions:
    3. Robert M. Townsend & Jacob Yaron, 2001. "The credit risk-contingency system of an Asian development bank," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q III, pages 31-48. [Downloadable!]

  10. Robert Townsend & Rolf Mueller, 1998. "Mechanism Design and Village Economies: From Credit, to Tenancy, to Cropping Groups," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 119-172, January. [Downloadable!] (restricted)

    Cited by:

    1. Basab Dasgupta, 2004. "Capital Accumulation in the Presence of Informal Credit Contracts: Does the Incentive Mechanism Work Better than Credit Rationing Under Asymmetric Information?," Working papers 2004-32, University of Connecticut, Department of Economics. [Downloadable!]
      Other versions:

  11. Youngjae Lim & Robert Townsend, 1998. "General Equilibrium Models of Financial Systems: Theory and Measurement in Village Economies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 59-118, January. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  12. Townsend, Robert M, 1995. "Financial Systems in Northern Thai Villages," The Quarterly Journal of Economics, MIT Press, vol. 110(4), pages 1011-46, November. [Downloadable!] (restricted)

    Cited by:

    1. Christopher Udry, 2003. "Fieldwork, Economic Theory, and Research on Institutions in Developing Countries," American Economic Review, American Economic Association, vol. 93(2), pages 107-111, May. [Downloadable!]
    2. Adaman, Fikret & Ardic, Oya Pinar & Tuzemen, Didem, 2006. "Network Effects in Risk Sharing and Credit Market Access: Evidence from Istanbul," MPRA Paper 4078, University Library of Munich, Germany, revised 01 Dec 2006. [Downloadable!]
      Other versions:
    3. Dean Yang, 2006. "Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002," NBER Working Papers 12794, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    4. Zeller, Manfred, 1996. "Determinants of repayment performance in credit groups," FCND discussion papers 13, International Food Policy Research Institute (IFPRI). [Downloadable!]
    5. Bernanke, B. & Gertler, M. & Gilchrist, S., 1998. "The Financial Accelerator in a Quantitative Business Cycle Framework," Working Papers 98-03, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
      Other versions:
    6. Benjamin A. Olken & Monica Singhal, 2009. "Informal Taxation," NBER Working Papers 15221, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    7. TAMURA Sakuya & SAWADA Yasuyuki, 2009. "Consumption Insurance against Unforeseen Epidemics:The Case of Avian Influenza in Vietnam," Discussion papers 09023, Research Institute of Economy, Trade and Industry (RIETI). [Downloadable!]
    8. Marcel Fafchamps & Flore Gubert, 2004. "Contingent Loan Repayment in the Philippines," Economics Series Working Papers 215, University of Oxford, Department of Economics. [Downloadable!]
      Other versions:
    9. Loren Brandt & Arthur Hosios, 2004. "Informal Credit in Village Economies: Contract Duration with Personal and Community Enforcement," Law and Economics 0410001, EconWPA. [Downloadable!]
    10. Sawada, Yasayuki & Lokshin, Michael, 2001. "Household schooling decisions in rural Pakistan," Policy Research Working Paper Series 2541, The World Bank. [Downloadable!]
    11. Edward S. Prescott & Daniel D. Tatar, 1999. "Means of payment, the unbanked, and EFT '99," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 49-70. [Downloadable!]
    12. Zhu, D., 2001. "Inequality, credit market imperfection, segmentation and economic growth," Discussion Paper 58, Tilburg University, Center for Economic Research. [Downloadable!]
    13. Manuela Angelucci & Giacomo De Giorgi, 2006. "Indirect Effects of an Aid Program: The Case of Progresa and Consumption," IZA Discussion Papers 1955, Institute for the Study of Labor (IZA). [Downloadable!]
    14. Yasuyuki Sawada & Michael Lokshin, 2007. "Obstacles to School Progression in Rural Pakistan: An Analysis of Gender and Sibling Rivalry Using Field Survey Data," CIRJE F-Series CIRJE-F-484, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
      Other versions:
    15. Doss, Cheryl R., 1996. "Do Households Fully Share Risk? Evidence From Ghana," Staff Papers 13439, University of Minnesota, Department of Applied Economics. [Downloadable!]
    16. Marcel Fafchamps & Takashi Kurosaki, 2000. "Insurance Market Efficiency and Crop Choices in Pakistan," Economics Series Working Papers 012, University of Oxford, Department of Economics. [Downloadable!]
      Other versions:
    17. John Cawley & Tomas Philipson, 1996. "An Empirical Examination of Information Barriers to Trade in Insurance," NBER Working Papers 5669, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    18. Barrett, Christopher B. & Brown, Douglas R., 2002. "Agriculture And Rural Development: Lessons For Christian Groups Combating Persistent Poverty," Working Papers 14738, Cornell University, Department of Applied Economics and Management. [Downloadable!]
    19. Marcel Fafchamps & Susan Lund, 2000. "Risk-Sharing Networks in Rural Philippines," Economics Series Working Papers 010, University of Oxford, Department of Economics. [Downloadable!]
      Other versions:
    20. Daron Acemoglu & Fabrizio Zilibotti, 1997. "Setting Standards: Information Accumulation in Development," Economics Working Papers 212, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
      Other versions:
    21. Dean Yang & HwaJung Choi, 2005. "Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines," Working Papers 535, Research Seminar in International Economics, University of Michigan. [Downloadable!]

  13. Townsend, Robert M, 1995. "Consumption Insurance: An Evaluation of Risk-Bearing Systems in Low-Income Economies," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 83-102, Summer. [Downloadable!] (restricted)

    Cited by:

    1. Youngjae Lim & Robert Townsend, 1998. "General Equilibrium Models of Financial Systems: Theory and Measurement in Village Economies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 59-118, January. [Downloadable!] (restricted)
      Other versions:
    2. Bali Swain, Ranjula & Floro, Maria, 2007. "Effect of Microfinance on Vulnerability, Poverty and Risk in Low Income Households," Working Paper Series 2007:31, Uppsala University, Department of Economics. [Downloadable!]
    3. Hanno Lustig, 2001. "The Market Price of Aggregate Risk and the Wealth Distribution," Finance 0111004, EconWPA, revised 16 Nov 2001. [Downloadable!]
      Other versions:
    4. Dora L. Costa & Matthew E. Kahn, 2005. "Surviving Andersonville: The Benefits of Social Networks in POW Camps," NBER Working Papers 11825, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    5. Stefan Dercon, 2004. "Growth and Shocks: evidence from rural Ethiopia," Development and Comp Systems 0409036, EconWPA. [Downloadable!]
      Other versions:
    6. Stefania Albanesi & Christopher Sleet, 2004. "Dynamic optimal taxation with private information," Discussion Paper / Institute for Empirical Macroeconomics 140, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    7. Stefan Dercon (QEH), . "Vulnerability: a micro perspective," QEH Working Papers qehwps149, Queen Elizabeth House, University of Oxford. [Downloadable!]
    8. Stefan Dercon & Luc Christiaensen, 2008. "Consumption risk, technology adoption and poverty traps: evidence from Ethiopia," WEF Working Papers 0035, ESRC World Economy and Finance Research Programme, Birkbeck, University of London. [Downloadable!]
      Other versions:
    9. Grimm, Michael, 2006. "Mortality and survivors' consumption," Proceedings of the German Development Economics Conference, Berlin 2006 9, Verein für Socialpolitik, Research Committee Development Economics. [Downloadable!]
      Other versions:
    10. Philippe LeMay-Boucher, 2007. "Insurance for the Poor: The Case of Informal Insurance Groups in Benin," CERT Discussion Papers 0707, Centre for Economic Reform and Transformation, Heriot Watt University. [Downloadable!]
    11. Maloney, William F., 2001. "Evaluating emergency programs," Policy Research Working Paper Series 2728, The World Bank. [Downloadable!]
    12. Paul Gertler & David Levine & Minnie Ames, 2003. "Schooling and Parental Death," Center for International and Development Economics Research, Working Paper Series 1044, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley. [Downloadable!]
      Other versions:
    13. Jha, Saumitra & Rao, Vijayendra & Woolcock, Michael, 2005. "Governance in the gullies : democratic responsiveness and leadership in Delhi's slums," Policy Research Working Paper Series 3694, The World Bank. [Downloadable!]
      Other versions:
    14. Lindelow, Magnus & Wagstaff, Adam, 2005. "Health shocks in China : are the poor and uninsured less protected ?," Policy Research Working Paper Series 3740, The World Bank. [Downloadable!]
    15. P. Maitra, . "A Quantitative Analysis of Employment Guarantee Programs with an Application to Rural India," Working Papers 9709, University of Sydney, Department of Economics. [Downloadable!]
      Other versions:
    16. Jeong-Joon Lee & Yasuyuki Sawada, 2005. "Precautionary Saving under LiquidityConstraints: Evidence from Rural Pakistan," CIRJE F-Series CIRJE-F-377, CIRJE, Faculty of Economics, University of Tokyo. [Downloadable!]
    17. David McKenzie & Ernesto Schargrodsky, 2005. "Buying Less, But Shopping More: Changes In Consumption Patterns During A Crisis," Business School Working Papers buyinglessshop, Universidad Torcuato Di Tella. [Downloadable!]
    18. Stefan Dercon (QEH), . "Risk, Growth and Poverty: what do we know, what do we need to know?," QEH Working Papers qehwps148, Queen Elizabeth House, University of Oxford. [Downloadable!]
    19. Yasuyuki Sawada, 1997. "Human Capital Investments in Pakistan: Implications of Micro Evidence from Rural Households," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 36(4), pages 695-712. [Downloadable!]
    20. Kugler, Adriana D., 2002. "From Severance Pay to Self-Insurance: Effects of Severance Payments Savings Accounts in Colombia," CEPR Discussion Papers 3197, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    21. Paul Gertler & Jonathan Gruber, 1998. "Insuring Consumption Against Illness," JCPR Working Papers 41, Northwestern University/University of Chicago Joint Center for Poverty Research.
      Other versions:
    22. Stefan Dercon (QEH), Joachim De Weerdt, Tessa Bold, Alula Pankhurst, . "Membership Based Indigenous Insurance Associationsin Ethiopia and Tanzania," QEH Working Papers qehwps126, Queen Elizabeth House, University of Oxford. [Downloadable!]
    23. Wagstaff, Adam, 2005. "The economic consequences of health shocks," Policy Research Working Paper Series 3644, The World Bank. [Downloadable!]
    24. Adriana D. Kugler, 2001. "From Severance Pay to Self-insurance: Effects of Severance Payments Savings Accounts in Colombia," Economics Working Papers 592, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    25. Manuela Angelucci & Giacomo De Giorgi, 2006. "Indirect Effects of an Aid Program: The Case of Progresa and Consumption," IZA Discussion Papers 1955, Institute for the Study of Labor (IZA). [Downloadable!]
    26. Manish Pandey & John Whalley, 2004. "Social Networks and Trade Liberalization," NBER Working Papers 10769, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    27. Sarris, Alexander, 2002. "The demand for commodity insurance by developing country agricultural producers - theory and an application to cocoa in Ghana," Policy Research Working Paper Series 2887, The World Bank. [Downloadable!]
    28. Joseph Halevi, 1998. "The Accumulation Process in Japan and East Asia as Compared with the Role of Germany in European Post-war Growth," Working Papers 9804, University of Sydney, Department of Economics. [Downloadable!]
    29. Yvan Guichaoua (CRISE/QEH), . "Non-protected Labour in one West African Capital: Characteristics of Jobs and Occupational Mobility in Abidjan, Cote d'Ivoire," QEH Working Papers qehwps132, Queen Elizabeth House, University of Oxford. [Downloadable!]
    30. Masao Ogaki & Qiang Zhang, 2000. "Decreasing Relative Risk Aversion and Tests of Risk Sharing," Econometric Society World Congress 2000 Contributed Papers 1588, Econometric Society. [Downloadable!]
      Other versions:
    31. Paul Gertler & David I. Levine & Enrico Moretti, 2003. "Do Microfinance Programs Help Families Insure Consumption Against Illness?," Development and Comp Systems 0303004, EconWPA. [Downloadable!]
      Other versions:
    32. Ari A. Perdana, 2005. "Risk management for the poor and vulnerable," CSIS Economics Working Paper Series WPE093, Centre for Strategic and International Studies, Jakarta, Indonesia. [Downloadable!]
      Other versions:
    33. Pushkar Maitra, 2001. "A quantitative analysis of employment guarantee programmes with an application to rural India," Journal of International Trade & Economic Development, Taylor and Francis Journals, vol. 10(2), pages 211-228, June. [Downloadable!] (restricted)
    34. Harold Alderman & John Hoddinott & Bill Kinsey, 2004. "Long Term Consequences Of Early Childhood Malnutrition," HiCN Working Papers 09, Households in Conflict Network. [Downloadable!]
      Other versions:
    35. Kugler, Adriana D., 2002. "From Severance Pay to Self-Insurance: Effects of Severance Payments Savings Accounts in Colombia," IZA Discussion Papers 434, Institute for the Study of Labor (IZA). [Downloadable!]
    36. P. Maitra, . "Is Consumption Smooth at the coast of Volatile Leisure: An Investigation of Rural India," Working Papers 9711, University of Sydney, Department of Economics. [Downloadable!]
      Other versions:
    37. Ersado, Lire, 2006. "Income diversification in Zimbabwe : welfare implications from urban and rural areas," Policy Research Working Paper Series 3964, The World Bank. [Downloadable!]
    38. Daron Acemoglu & Fabrizio Zilibotti, 1997. "Setting Standards: Information Accumulation in Development," Economics Working Papers 212, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
      Other versions:
    39. Michael G. Palumbo & John A. James & Mark Thomas, 1999. "Consumption smoothing among working-class American families before social insurance," Finance and Economics Discussion Series 1999-24, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    40. Stefan Dercon (QEH), Tessa Bold, Cesar Calvo, . "Insurance for the Poor?," QEH Working Papers qehwps125, Queen Elizabeth House, University of Oxford. [Downloadable!]
    41. Russell L. Lamb, 1996. "Off-farm labor supply and fertilizer use," Finance and Economics Discussion Series 1996-49, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]

  14. Townsend, Robert M, 1994. "Risk and Insurance in Village India," Econometrica, Econometric Society, vol. 62(3), pages 539-91, May. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  15. Robert M. Townsend, 1994. "Community development banking and Financial Institutions Act: a critique with recommendations," Proceedings, Federal Reserve Bank of Chicago, issue May, pages 538-546.

    Cited by:

    1. Jeffrey M. Lacker, 1995. "Neighborhoods and banking," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 13-38. [Downloadable!]
    2. Edward S. Prescott, 1997. "Group lending and financial intermediation: an example," Economic Quarterly, Federal Reserve Bank of Richmond, issue Fall, pages 23-48. [Downloadable!]

  16. Phelan, Christopher & Townsend, Robert M, 1991. "Computing Multi-period, Information-Constrained Optima," Review of Economic Studies, Blackwell Publishing, vol. 58(5), pages 853-81, October. [Downloadable!] (restricted)
    Other versions:

    See citations under working paper version above.

  17. Townsend, Robert M, 1989. "Currency and Credit in a Private Information Economy," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1323-44, December. [Downloadable!] (restricted)

    Cited by:

    1. Jeffrey M. Lacker, 1996. "Stored value cards: costly private substitutes for government currency," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 1-25. [Downloadable!]
    2. Charles Kahn & James McAndrews & William Roberds, 2001. "A Theory of Transactions Privacy," Center for Financial Institutions Working Papers 01-12, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
      Other versions:
    3. Jeffrey M. Lacker, 1997. "Clearing, settlement, and monetary policy," Working Paper 97-01, Federal Reserve Bank of Richmond. [Downloadable!]
      Other versions:
    4. William Roberds, 1997. "What's really new about the new forms of retail payment?," Economic Review, Federal Reserve Bank of Atlanta, issue Q 1, pages 32-45. [Downloadable!]
    5. Jin, Yi & Temzelides, Ted, 1998. "On the Local Interaction of Money and Credit," Working Papers 99-05, University of Iowa, Department of Economics. [Downloadable!]
      Other versions:
    6. Wilfredo Toledo, 2006. "El dinero en los modelos macroeconómicos," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 8(15), pages 97-116, July-Dece. [Downloadable!]
    7. Scott Freeman & Guido Tabellini, 1991. "The Optimality of Nominal Contracts," NBER Technical Working Papers 0110, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    8. S. Rao Aiyagari & Stephen D. Williamson, 1998. "Money and Dynamic Credit Arrangements with Private Information," Game Theory and Information 9802002, EconWPA. [Downloadable!]
      Other versions:
    9. Charles M. Kahn & William Roberds, 2005. "Credit and identity theft," Conference Series ; [Proceedings], Federal Reserve Bank of Boston. [Downloadable!]
      Other versions:
    10. Edward S. Prescott & John A. Weinberg, 2000. "Incentives, communication, and payment instruments," Working Paper 00-11, Federal Reserve Bank of Richmond. [Downloadable!]
      Other versions:
    11. Steve Williamson & Randall Wright, 1991. "Barter and monetary exchange under private information," Staff Report 141, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    12. Ed Nosal & Guillaume Rocheteau, 2006. "The economics of payments," Policy Discussion Papers, Federal Reserve Bank of Cleveland, issue Feb. [Downloadable!]
    13. Neil Wallace, 2000. "Knowledge of individual histories and optimal payment arrangements," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum, pages 11-21. [Downloadable!]
    14. Jonathan Chiu & Alexandra Lai, 2007. "Modelling Payments Systems: A Review of the Literature," Working Papers 07-28, Bank of Canada. [Downloadable!]
    15. Narayana R. Kocherlakota, 2000. "Societal benefits of nominal bonds," Staff Report 275, Federal Reserve Bank of Minneapolis. [Downloadable!]
    16. Rivano, Ricardo de Oliveira & Wallace, Neil, 2006. "New models of old(?) payment questions," Economics Working Papers (Ensaios Economicos da EPGE) 619, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
    17. anonymous, 1998. "Technological role of fiat money," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Sum. [Downloadable!]
    18. Charles M. Kahn & James McAndrews & William Roberds, 2004. "Money is privacy," Working Paper 2004-18, Federal Reserve Bank of Atlanta. [Downloadable!]
      Other versions:
      • Charles M. Kahn & James McAndrews & William Roberds, 2005. "Money Is Privacy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(2), pages 377-399, 05. [Downloadable!] (restricted)
    19. David C. Mills, Jr., 2005. "Alternative central bank credit policies for liquidity provision in a model of payments," Finance and Economics Discussion Series 2005-55, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:
    20. David C. Mills, Jr., 2006. "A model in which outside and inside money are essential," Finance and Economics Discussion Series 2006-38, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
      Other versions:
    21. Xavier Cuadras Morató, 2005. "Circulation of Private Notes during a Currency Shortage," Economics Working Papers 811, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    22. Herschel I. Grossman, 1992. "Monetary Economics: A Review Essay," NBER Working Papers 3686, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    23. Narayana R. Kocherlakota, 1996. "Money is memory," Staff Report 218, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:

  18. Townsend, Robert M., 1988. "Information constrained insurance : The revelation principle extended," Journal of Monetary Economics, Elsevier, vol. 21(2-3), pages 411-450. [Downloadable!] (restricted)

    Cited by:

    1. Davide Iacoboni & Alberto Zazzaro, 2000. "Legal system efficiency, information production, and technological choice: a banking model," Heterogeneity and monetary policy 0005, Universita di Modena e Reggio Emilia, Dipartimento di Economia Politica. [Downloadable!]
      Other versions:
    2. Bruce D. Smith & Cheng Wang, 1997. "Repeated insurance relationships in a costly state verification model: with an application to deposit insurance," Working Papers 574, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    3. Edward J. Green & Soo-Nam Oh, 1991. "Contracts, constraints, and consumption," Staff Report 143, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    4. S.L. Schreft & A.P. Villamil, 1990. "Liquidity constraints in commercial loan markets with imperfect information and imperfect competition," Working Paper 90-10, Federal Reserve Bank of Richmond. [Downloadable!]
    5. Ying Yan, 1996. "Credit Rationing, Bankruptcy Cost, and Optimal Debt Contract for Small Business," Finance 9612003, EconWPA. [Downloadable!]
    6. Alexander Karaivanov, 2002. "Computing Moral Hazard Programs With Lotteries Using Matlab," Computational Economics 0201001, EconWPA. [Downloadable!]
    7. Ferreira, Pedro Cavalcanti Gomes & Cunha, Bárbara Vasconcelos Boavista da, 2003. "Custo de Ciclo Econômico no Brasil em um Modelo com Restrição a Crédito," Economics Working Papers (Ensaios Economicos da EPGE) 471, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
    8. Andrea Attar & Eloisa Campioni, 2002. "Costly State Verification And Debt Contracts," Departmental Working Papers 172, Tor Vergata University, CEIS. [Downloadable!]
    9. Ludovic Renou & Guillaume Carlier, 2003. "Existence and monotonicity of optimal debt contracts in costly state verification models," Economics Bulletin, Economics Bulletin, vol. 7(5), pages 1-9. [Downloadable!]
    10. Orazio Attanasio & Steven J. Davis, 1994. "Relative Wage Movements and the Distribution of Consumption," NBER Working Papers 4771, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    11. Jeffrey M. Lacker, 1989. "Limited commitment and costly enforcement," Working Paper 90-02, Federal Reserve Bank of Richmond. [Downloadable!]
    12. John Cawley & Tomas Philipson, 1996. "An Empirical Examination of Information Barriers to Trade in Insurance," NBER Working Papers 5669, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    13. Gertler, Mark, 1990. "Financial Capacity And Output Fluctuations In An Economy With Multiperiod Financial Relationships," Working Papers 90-44, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
      Other versions:
    14. Robert Townsend & Rolf Mueller, 1998. "Mechanism Design and Village Economies: From Credit, to Tenancy, to Cropping Groups," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 119-172, January. [Downloadable!] (restricted)
    15. Georges Dionne & Florence Giuliano & Pierre Picard, 2005. "Optimal Auditing with Scoring Theory and Application to Insurance Fraud," Working Papers hal-00243026_v1, HAL. [Downloadable!]
    16. Georges Dionne & Florence Giuliano & Pierre Picard, 2003. "Optimal Auditing for Insurance Fraud," Cahiers de recherche 0329, CIRPEE. [Downloadable!]
      Other versions:
    17. Bhagwan Chowdhry & Mark Grinblatt, 1997. "Information Aggregation, Currency Swaps, and the Design of Derivative Securities," University of California at Los Angeles, Anderson Graduate School of Management 1129, Anderson Graduate School of Management, UCLA. [Downloadable!]
      Other versions:

  19. Townsend, Robert M, 1987. "Economic Organization with Limited Communication," American Economic Review, American Economic Association, vol. 77(5), pages 954-71, December. [Downloadable!] (restricted)

    Cited by:

    1. Bruce D. Smith & Warren E. Weber, 1998. "Private money creation and the Suffolk Banking System," Working Papers 591, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    2. Bhattacharya, Joydeep & Haslag, Joseph & Russell, Steven, 2004. "The Role of Money in Two Alternative Models: When is the Friedman Rule Optimal, and Why?," Staff General Research Papers 11950, Iowa State University, Department of Economics. [Downloadable!]
      Other versions:
    3. Stephen D. Williamson, 1998. "Discount Window Lending and Deposit Insurance," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 246-275, January. [Downloadable!] (restricted)
      Other versions:
    4. Janet Hua, Jiang & Mei, Dong, 2008. "One or Two Monies?," MPRA Paper 14846, University Library of Munich, Germany. [Downloadable!]
    5. Stacey Schreft & Bruce Smith, 2008. "The social value of risk-free government debt," Annals of Finance, Springer, vol. 4(2), pages 131-155, March. [Downloadable!] (restricted)
      Other versions:
    6. James Bullard & Bruce D. Smith, 2001. "The value of inside and outside money: expanded version," Working Papers 2001-011, Federal Reserve Bank of St. Louis. [Downloadable!]
    7. Jeffrey M. Lacker, 1997. "Clearing, settlement, and monetary policy," Working Paper 97-01, Federal Reserve Bank of Richmond. [Downloadable!]
      Other versions:
    8. Alexander Karaivanov, 2002. "Computing Moral Hazard Programs With Lotteries Using Matlab," Computational Economics 0201001, EconWPA. [Downloadable!]
    9. Beatrix Paal & Bruce D. Smith, 2001. "The sub-optimality of the Friedman rule and the optimum quantity of money," IEHAS Discussion Papers 0113, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
    10. Wilfredo Toledo, 2006. "El dinero en los modelos macroeconómicos," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 8(15), pages 97-116, July-Dece. [Downloadable!]
    11. James Bullard & Bruce D. Smith, 2002. "Intermediaries and payments instruments," Working Papers 2002-006, Federal Reserve Bank of St. Louis. [Downloadable!]
      Other versions:
    12. Carmona, Guilherme, 2002. "Social Norms and Monetary Trading," FEUNL Working Paper Series wp418, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
      Other versions:
    13. James Bullard & Bruce D. Smith, 2001. "The value of inside and outside money," Working Papers 2000-027, Federal Reserve Bank of St. Louis. [Downloadable!]
      Other versions:
    14. S. Rao Aiyagari & Stephen D. Williamson, 1998. "Money and Dynamic Credit Arrangements with Private Information," Game Theory and Information 9802002, EconWPA. [Downloadable!]
      Other versions:
    15. Costas Azariadis & James Bullard & Bruce Smith, 2000. "Private and public circulating liabilities," Working Papers 2000-012, Federal Reserve Bank of St. Louis. [Downloadable!]
      Other versions:
    16. Pedro Gomis-Porqueras, 2000. "Global Dynamics In Macroeconomics: A General Equilibrium Example," Computing in Economics and Finance 2000 217, Society for Computational Economics. [Downloadable!]
    17. Stacey L. Schreft & Bruce D. Smith, 1994. "Money, banking, and capital formation," Working Paper 94-05, Federal Reserve Bank of Richmond. [Downloadable!]
      Other versions:
    18. Ed Nosal & Guillaume Rocheteau, 2006. "The economics of payments," Policy Discussion Papers, Federal Reserve Bank of Cleveland, issue Feb. [Downloadable!]
    19. Christopher Waller, 2002. "Modeling monetary economies Bruce Champ and Scott Freeman, 2001, pp. 325," Atlantic Economic Journal, International Atlantic Economic Society, vol. 30(2), pages 213-217, June. [Downloadable!] (restricted)
    20. Bhattacharya, Joydeep & Singh, Rajesh, 2005. "Optimal Choice of Monetary Instruments in an Economy with Real and Liquidity Shocks," Staff General Research Papers 12355, Iowa State University, Department of Economics. [Downloadable!]
    21. David Andolfatto & Ed Nosal, 2003. "A Theory of Money and Banking," Macroeconomics 0310003, EconWPA. [Downloadable!]
      Other versions:
    22. X. Freixas & B. Parigi & J-C. Rochet, 2000. "Systemic Risk, Interbank Relations and Liquidity Provision by theCentral Bank," DNB Staff Reports (discontinued) 47, Netherlands Central Bank. [Downloadable!]
      Other versions:
    23. Carmona, Guilherme, 2002. "Monetary Trading: An Optimal Exchange System," FEUNL Working Paper Series wp420, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
      Other versions:
    24. Gaetano Antinolfi & Todd Keister, 2003. "Discount Window Policy, Banking Crises, and Indeterminacy of Equilibrium," Working Papers 0305, Centro de Investigacion Economica, ITAM. [Downloadable!]
      Other versions:
    25. Stacey L. Schreft & Bruce D. Smith, 1999. "The evolution of cash transactions : some implications for monetary policy," Research Working Paper 99-02, Federal Reserve Bank of Kansas City. [Downloadable!]
      Other versions:
    26. Narayana Kocherlakota & Thomas Krueger, 1999. "A Signaling Model of Multiple Currencies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(1), pages 231-244, January. [Downloadable!] (restricted)
    27. Carlos Gustavo Machicado, 2006. "Liquidity Shocks and the Dollarization of a Banking System," Development Research Working Paper Series 09/2006, Institute for Advanced Development Studies. [Downloadable!]
      Other versions:
    28. Gaetano Antinolfi & Todd Keister, 2000. "Liquidity Crises and Discount Window Lending: Theory and Implications for the Dollarization Debate," Working Papers 0002, Centro de Investigacion Economica, ITAM. [Downloadable!]
    29. Marco A. Espinosa & Chong K. Yip, 1995. "Fiscal and monetary policy interactions in an endogenous growth model with financial intermediaries," Working Paper 95-10, Federal Reserve Bank of Atlanta. [Downloadable!]
      Other versions:
    30. Robert Townsend & Rolf Mueller, 1998. "Mechanism Design and Village Economies: From Credit, to Tenancy, to Cropping Groups," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 119-172, January. [Downloadable!] (restricted)
    31. Eduardo Siandra, 1990. "Money and Specialization in Production," UCLA Economics Working Papers 610, UCLA Department of Economics. [Downloadable!]
    32. Narayana R. Kocherlakota, 2002. "Money: What's the Question and Why Should We Care About the Answer?," American Economic Review, American Economic Association, vol. 92(2), pages 58-61, May. [Downloadable!]
    33. Sangmok Choi & Bruce D. Smith & John H. Boyd, 1996. "Inflation, financial markets and capital formation," Proceedings, Federal Reserve Bank of St. Louis, issue May, pages 9-35. [Downloadable!]
      Other versions:
    34. Narayana R. Kocherlakota, 1996. "Money is memory," Staff Report 218, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    35. Carlos Gustavo Machicado, 2007. "Growth and Banking Structure in a Partially Dollarized Economy," Development Research Working Paper Series 02/2007, Institute for Advanced Development Studies. [Downloadable!]
    36. Gaetano Antinolfi & Elisabeth Huybens & Todd Keister, 2000. "Monetary Stability and Liquidity Crises: The Role of the Lender of Last Resort," Working Papers 0001, Centro de Investigacion Economica, ITAM. [Downloadable!]
      Other versions:

  20. Townsend, Robert M., 1987. "Asset-return anomalies in a monetary economy," Journal of Economic Theory, Elsevier, vol. 41(2), pages 219-247, April. [Downloadable!] (restricted)

    Cited by:

    1. Camera, G. & Noussair, C. & Tucker, S., 2000. "Rate-of-Return Dominance and Efficiency in an Experimental Economy," Purdue University Economics Working Papers 1135, Purdue University, Department of Economics. [Downloadable!]
      Other versions:
    2. Shouyong Shi, 1998. "Stochastic Relation Between Money and Capital in an Economy with Spatially Separated Markets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(4), pages 754-780, October. [Downloadable!] (restricted)
    3. Robert E. Lucas Jr. & Nancy L. Stokey, 1984. "Money and Interest in Cash-In-Advance Economy," Discussion Papers 628, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
      Other versions:
    4. Juan Carlos Pérez-Velasco, 2002. "Influencia de la Tarjetas de Débito sobre la Demanda de Efectivo," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 39(116), pages 51-93. [Downloadable!]
    5. Truman F. Bewley, 1984. "Fiscal and Monetary Policy in a General Equilibrium Model," Cowles Foundation Discussion Papers 690, Cowles Foundation, Yale University. [Downloadable!]
    6. Harold L. Cole & Narayana R. Kocherlakota, 1998. "Zero nominal interest rates: why they're good and how to get them," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Spr, pages 2-10. [Downloadable!]
    7. Ghysels, E. & Hall, A., 1987. "Some Additional Specification Tests for Generalized Method of Moments Estimators with Macro-Economic Applications Part I : Theory," Cahiers de recherche 8724, Universite de Montreal, Departement de sciences economiques. [Downloadable!]
    8. Robert J. Hodrick, 1989. "Risk, Uncertainty and Exchange Rates," NBER Working Papers 2429, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    9. Robert J. Hodrick & Sanjay Srivastava, 1985. "Foreign Currency Futures," NBER Working Papers 1743, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    10. Eduardo Giménez, 2007. "On the positive fundamental value of money with short-sale constraints," Annals of Finance, Springer, vol. 3(4), pages 455-469, October. [Downloadable!] (restricted)

  21. Townsend, Robert M, 1987. "Models as Economies," Economic Journal, Royal Economic Society, vol. 98(390), pages 1-24, Supplemen.

    Cited by:

    1. Abhijit V. Banerjee & Andrew F. Newman, 1990. "Occupational Choice and the Process of Development," Discussion Papers 911, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
      Other versions:

  22. Prescott, Edward C & Townsend, Robert M, 1984. "General Competitive Analysis in an Economy with Private Information," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 1-20, February. [Downloadable!] (restricted)

    Cited by:

    1. Youngjae Lim & Robert Townsend, 1998. "General Equilibrium Models of Financial Systems: Theory and Measurement in Village Economies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 1(1), pages 59-118, January. [Downloadable!] (restricted)
      Other versions:
    2. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2006. "Markets Versus Governments: Political Economy of Mechanisms," NBER Working Papers 12224, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    3. Prescott, Edward & Shell, Karl, 2002. "Introduction to Sunspots and Lotteries," Working Papers 02-08, Cornell University, Center for Analytic Economics. [Downloadable!]
      Other versions:
    4. Joao Correia-da-Silva, 2009. "Uncertain delivery in markets for lemons," FEP Working Papers 310, Universidade do Porto, Faculdade de Economia do Porto. [Downloadable!]
      Other versions:
    5. Terry J. Fitzgerald, 1998. "Reducing working hours: a general equilibrium analysis," Working Paper 9801, Federal Reserve Bank of Cleveland. [Downloadable!]
    6. Edward C. Prescott & Richard Rogerson & Johanna Wallenius, 2009. "Lifetime Aggregate Labor Supply with Endogenous Workweek Length," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(1), pages 23-36, January. [Downloadable!] (restricted)
      Other versions:
    7. Orazio Attanasio & Nicola Pavoni, 2007. "Risk Sharing in Private Information Models with Asset Accumulation: Explaining the Excess Smoothness of Consumption," NBER Working Papers 12994, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
      Other versions:
    8. Alberto Bisin & Piero Gottardi, 2005. "Efficient Competitive Equilibria with Adverse Selection," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
      Other versions:
    9. George J. Mailath & Georg Noldeke, 2006. "Extreme Adverse Selection, Competitive Pricing, and Market Breakdown," Cowles Foundation Discussion Papers 1573, Cowles Foundation, Yale University. [Downloadable!]
      Other versions:
    10. Alberto Bisin & Piero Gottardi, 2000. "Decentralizing Incentive Efficient Allocations of Economies with Adverse Selection," Econometric Society World Congress 2000 Contributed Papers 0855, Econometric Society. [Downloadable!]
    11. Bel? Jerez, 2000. "General Equilibrium with Asymmetric Information: a Dual Approach," UFAE and IAE Working Papers 510.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
      Other versions:
    12. Alexander Karaivanov, 2002. "Computing Moral Hazard Programs With Lotteries Using Matlab," Computational Economics 0201001, EconWPA. [Downloadable!]
    13. Uluc Aysun & Ryan Brady & Adam Honig, 2009. "Financial Frictions and Monetary Transmission," Working papers 2009-24, University of Connecticut, Department of Economics. [Downloadable!]
    14. Raj Chetty & Emmanuel Saez, 2007. "An Agency Theory of Dividend Taxation," NBER Working Papers 13538, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    15. Aldo Rustichini & Paolo Siconolfi, 2008. "General equilibrium in economies with adverse selection," Economic Theory, Springer, vol. 37(1), pages 1-29, October. [Downloadable!] (restricted)
    16. Raj Chetty & Emmanuel Saez, 2008. "Optimal Taxation and Social Insurance with Endogenous Private Insurance," NBER Working Papers 14403, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    17. Bel? Jerez, 2001. "A Dual Characterization of Incentive Efficiency," UFAE and IAE Working Papers 494.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC). [Downloadable!]
      Other versions:
    18. David Meltzer, 1997. "Accounting for Future Costs in Medical Cost-Effectiveness Analysis," NBER Working Papers 5946, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    19. Andreas Hornstein & Edward C. Prescott, 1989. "The firm and the plant in general equilibrium theory," Staff Report 126, Federal Reserve Bank of Minneapolis. [Downloadable!]
    20. Michael Magill & Martine Quinzii, 2005. "An Equilibrium Model of Managerial Compensation," IEPR Working Papers 05.22, Institute of Economic Policy Research (IEPR). [Downloadable!]
      Other versions:
    21. Egbert Dierker & Hildegard Dierker & Birgit Grodal, 2002. "Are Incomlete Markets Able to Achieve Minimal Efficiency?," Vienna Economics Papers 0212, University of Vienna, Department of Economics. [Downloadable!]
    22. Max Blouin, 2000. "Quality Undersupply and Oversupply," Cahiers de recherche CREFE / CREFE Working Papers 113, CREFE, Université du Québec à Montréal. [Downloadable!]
    23. Michael A. Sadler, 2000. "Escaping Poverty: Risk-Taking and Endogenous Inequality in a Model of Equilibrium Growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(4), pages 704-725, October. [Downloadable!] (restricted)
    24. Quinzii, Martine & Magill, Michael, 2007. "The Probability Approach to General Equilibrium with Production," Working Papers 08-3, University of California at Davis, Department of Economics. [Downloadable!]
      Other versions:
    25. Belén Jerez, 2003. "Incentive Compatibility And Pricing Under Moral Hazard," Economics Working Papers we035722, Universidad Carlos III, Departamento de Economía. [Downloadable!]
      Other versions:
    26. Alexander Karaivanov, 2003. "Financial Contracts and Occupational Choice," Computing in Economics and Finance 2003 25, Society for Computational Economics. [Downloadable!]
    27. Daron Acemoglu & Michael Golosov & Aleh Tsyvinski, 2007. "Political Economy of Mechanisms," Working Papers CAS_RN_2007_2, Laboratory for Macroeconomic Analysis. [Downloadable!]
      Other versions:
    28. Alexander Monge-Naranjo & Javier Cascante & Luis J. Hall, 2001. "Enforcement, Contract Design, and Default: Exploring the Financial Markets of Costa Rica," RES Working Papers 3126, Inter-American Development Bank, Research Department. [Downloadable!]
    29. Terry J. Fitzgerald, 1996. "Work schedules, wages, and employment in a general equilibrium model with team production," Working Paper 9613, Federal Reserve Bank of Cleveland. [Downloadable!]
      Other versions:
    30. Edward S. Prescott & Robert M. Townsend, 2000. "Firms as clubs in Walrasian markets with private information," Working Paper 00-08, Federal Reserve Bank of Richmond. [Downloadable!]
      Other versions:
    31. John H. Boyd & Edward C. Prescott, 1985. "Financial intermediary-coalitions," Staff Report 87, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    32. Timothy J. Kehoe & David K. Levine & Edward Prescott, 2000. "Lotteries, Sunspots and Incentive Constraints," Levine's Working Paper Archive 1974, David K. Levine. [Downloadable!]
      Other versions:
    33. Timothy J Kehoe & David K Levine, 1993. "Debt Constrained Asset Markets," Levine's Working Paper Archive 1276, David K. Levine. [Downloadable!]
      Other versions:
    34. Egbert Dierker & Hildegard Dierker & Birgit Grodal, 2002. "Are Incomplete Markets Able to Achieve Minimal Efficiency?," Discussion Papers 03-09, University of Copenhagen. Department of Economics. [Downloadable!]
    35. James Peck, 1995. "Competition in Transactions Mechanisms: The Emergence of Price Competition," Working Papers 022, Ohio State University, Department of Economics. [Downloadable!]
      Other versions:
    36. William D. Dupor & Andreas Lehnert, 2002. "Increasing returns and optimal oscillating labor supply," Finance and Economics Discussion Series 2002-22, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    37. Ethan Ligon, 1996. "Risk-Sharing and Information: Theory and Measurement in Village Economies," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series 824, Department of Agricultural & Resource Economics, UC Berkeley. [Downloadable!]
    38. Aloysius Siow, 1996. "Differential Fecundity, Markets and Gender Roles," Working Papers siow-96-01, University of Toronto, Department of Economics. [Downloadable!]
      Other versions:
    39. Edward C. Prescott, 2003. "Non-convexities in quantitative general equilibrium studies of business cycles," Staff Report 312, Federal Reserve Bank of Minneapolis. [Downloadable!]
      Other versions:
    40. FORGES, Franoise & MERTENS, Jean-Franois & VOHRA, Rajiv, 2001. "The e