Robert M. Townsend
Personal Details
First Name: | Robert |
Middle Name: | M. |
Last Name: | Townsend |
Suffix: | |
RePEc Short-ID: | pto99 |
[This author has chosen not to make the email address public] | |
http://www.robertmtownsend.net | |
Terminal Degree: | 1975 Department of Economics; University of Minnesota (from RePEc Genealogy) |
Affiliation
(50%) Department of Economics
University of Chicago
Chicago, Illinois (United States)http://economics.uchicago.edu/
RePEc:edi:deuchus (more details at EDIRC)
(50%) Economics Department
Massachusetts Institute of Technology (MIT)
Cambridge, Massachusetts (United States)http://econ-www.mit.edu/
RePEc:edi:edmitus (more details at EDIRC)
Research output
Jump to: Working papers Articles BooksWorking papers
- Alexander Karaivanov & Benoit Mojon & Luiz Pereira da Silva & Albert Pierres Tejada & Robert Townsend, 2024.
"Incentive-Compatible Unemployment Reinsurance for the Euro Area,"
NBER Working Papers
32396, National Bureau of Economic Research, Inc.
- Alexander Karaivanov & Benoit Mojon & Luiz Awazu Pereira da Silva & Albert Pierres Tejada & Robert M Townsend, 2024. "Incentive-compatible unemployment reinsurance for the euro area," BIS Working Papers 1180, Bank for International Settlements.
- Arun G. Chandrasekhar & Robert Townsend & Juan Pablo Xandri, 2022. "Liquidity, Financial Centrality, and the Value of Key Players," NBER Working Papers 30270, National Bureau of Economic Research, Inc.
- Francisco J. Buera & Joseph P. Kaboski & Robert M. Townsend, 2021.
"From Micro to Macro Development,"
NBER Working Papers
28423, National Bureau of Economic Research, Inc.
- Francisco J. Buera & Joseph P. Kaboski & Robert M. Townsend, 2023. "From Micro to Macro Development," Journal of Economic Literature, American Economic Association, vol. 61(2), pages 471-503, June.
- Buera, Francisco & Kaboski, Joseph & Townsend, Robert, 2022. "From Micro to Macro Development," CEPR Discussion Papers 15775, C.E.P.R. Discussion Papers.
- Yan Ji & Songyuan Teng & Robert Townsend, 2021. "Dynamic Bank Expansion: Spatial Growth, Financial Access, and Inequality," NBER Working Papers 28582, National Bureau of Economic Research, Inc.
- Cynthia Kinnan & Krislert Samphantharak & Robert Townsend & Diego A. Vera Cossio, 2020.
"Propagation and Insurance in Village Networks,"
NBER Working Papers
28089, National Bureau of Economic Research, Inc.
- Cynthia Kinnan & Krislert Samphantharak & Robert Townsend & Diego Vera-Cossio, 2024. "Propagation and Insurance in Village Networks," American Economic Review, American Economic Association, vol. 114(1), pages 252-284, January.
- Anil K. Jain & Robert M. Townsend, 2020. "The Economics of Platforms in a Walrasian Framework," International Finance Discussion Papers 1280, Board of Governors of the Federal Reserve System (U.S.).
- Rod Garratt & Michael Junho Lee & Antoine Martin & Robert M. Townsend, 2019. "Who Sees the Trades? The Effect of Information on Liquidity in Inter-Dealer Markets," Staff Reports 892, Federal Reserve Bank of New York.
- Haoyu Gao & Hong Ru & Robert Townsend & Xiaoguang Yang, 2019. "Rise of Bank Competition: Evidence from Banking Deregulation in China," NBER Working Papers 25795, National Bureau of Economic Research, Inc.
- Arun G. Chandrasekhar & Robert Townsend & Juan Pablo Xandri, 2018. "Financial Centrality and Liquidity Provision," NBER Working Papers 24406, National Bureau of Economic Research, Inc.
- Krislert Samphantharak & Scott Schuh & Robert M. Townsend, 2017.
"Integrated household surveys: an assessment of U.S. methods and an innovation,"
Working Papers
17-7, Federal Reserve Bank of Boston.
- Krislert Samphantharak & Scott Schuh & Robert M. Townsend, 2018. "Integrated Household Surveys: An Assessment Of U.S. Methods And An Innovation," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 50-80, January.
- Niklas Amberg & Tor Jacobson & Erik von Schedvin & Robert Townsend, 2016.
"Curbing Shocks to Corporate Liquidity: The Role of Trade Credit,"
NBER Working Papers
22286, National Bureau of Economic Research, Inc.
- Niklas Amberg & Tor Jacobson & Erik von Schedvin & Robert Townsend, 2021. "Curbing Shocks to Corporate Liquidity: The Role of Trade Credit," Journal of Political Economy, University of Chicago Press, vol. 129(1), pages 182-242.
- Amberg, Niklas & Jacobson, Tor & von Schedvin, Erik & Townsend, Robert, 2016. "Curbing Shocks to Corporate Liquidity: The Role of Trade Credit," Working Paper Series 320, Sveriges Riksbank (Central Bank of Sweden).
- Thomas M. Eisenbach & David O. Lucca & Robert M. Townsend, 2016. "The Economics of Bank Supervision: So Much to Do, So Little Time," Liberty Street Economics 20160412, Federal Reserve Bank of New York.
- Thomas M. Eisenbach & David O. Lucca & Robert M. Townsend, 2016. "The Economics of Bank Supervision," NBER Working Papers 22201, National Bureau of Economic Research, Inc.
- Thomas M. Eisenbach & David O. Lucca & Robert M. Townsend, 2016.
"Resource Allocation in Bank Supervision: Trade-offs and Outcomes,"
Staff Reports
769, Federal Reserve Bank of New York.
- Thomas M. Eisenbach & David O. Lucca & Robert M. Townsend, 2022. "Resource Allocation in Bank Supervision: Trade‐Offs and Outcomes," Journal of Finance, American Finance Association, vol. 77(3), pages 1685-1736, June.
- Weerachart T. Kilenthong & Robert M. Townsend, 2016.
"A Market Based Solution for Fire Sales and Other Pecuniary Externalities,"
NBER Working Papers
22056, National Bureau of Economic Research, Inc.
- Weerachart T. Kilenthong & Robert M. Townsend, 2021. "A Market-Based Solution for Fire Sales and Other Pecuniary Externalities," Journal of Political Economy, University of Chicago Press, vol. 129(4), pages 981-1010.
- Weerachart Kilenthong & Robert Townsend, 2016. "A Market Based Solution for Fire Sales and Other Pecuniary Externalities," PIER Discussion Papers 23, Puey Ungphakorn Institute for Economic Research.
- Era Dabla-Norris & Yan Ji & Robert M. Townsend & D. Filiz Unsal, 2015.
"Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income,"
NBER Working Papers
20821, National Bureau of Economic Research, Inc.
- Dabla-Norris, Era & Ji, Yan & Townsend, Robert M. & Filiz Unsal, D., 2021. "Distinguishing constraints on financial inclusion and their impact on GDP, TFP, and the distribution of income," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 1-18.
- Weerachart T. Kilenthong & Robert M. Townsend, 2014. "A Market Based Solution to Price Externalities: A Generalized Framework," NBER Working Papers 20275, National Bureau of Economic Research, Inc.
- Weerachart Kilenthong & Robert Townsend, 2014. "Segregated Security Exchanges with Ex Ante Rights to Trade: A Market-Based Solution to Collateral-Constrained Externalities," NBER Working Papers 20086, National Bureau of Economic Research, Inc.
- Pierre-Andre Chiappori & Krislert Samphantharak & Sam Schulhofer-Wohl & Robert M. Townsend, 2013.
"Heterogeneity and risk sharking in village economies,"
Staff Report
483, Federal Reserve Bank of Minneapolis.
- Pierre‐André Chiappori & Krislert Samphantharak & Sam Schulhofer‐Wohl & Robert M. Townsend, 2014. "Heterogeneity and risk sharing in village economies," Quantitative Economics, Econometric Society, vol. 5, pages 1-27, March.
- Pierre-Andre Chiappori & Krislert Samphantharak & Sam Schulhofer-Wohl, 2011. "Heterogeneity and risk sharing in village economies," Working Papers 683, Federal Reserve Bank of Minneapolis.
- Pierre-André Chiappori & Krislert Samphantharak & Sam Schulhofer-Wohl & Robert M. Townsend, 2011. "Heterogeneity and Risk Sharing in Village Economies," NBER Working Papers 16696, National Bureau of Economic Research, Inc.
- Krislert Samphantharak & Robert Townsend, 2013.
"Risk and Return in Village Economies,"
NBER Working Papers
19738, National Bureau of Economic Research, Inc.
- Krislert Samphantharak & Robert M. Townsend, 2018. "Risk and Return in Village Economies," American Economic Journal: Microeconomics, American Economic Association, vol. 10(1), pages 1-40, February.
- Benjamin Moll & Robert M. Townsend & Victor Zhorin, 2013. "Economic Development, Flow of Funds and the Equilibrium Interaction of Financial Frictions," NBER Working Papers 19618, National Bureau of Economic Research, Inc.
- Pierre-Andre Chiappori & Krislert Samphantharak & Sam Schulhofer-Wohl & Robert M. Townsend, 2013. "Portfolio choices and risk preferences in village economies," Working Papers 706, Federal Reserve Bank of Minneapolis.
- Alexander Karaivanov & Robert M. Townsend, 2013.
"Dynamic Financial Constraints: Distinguishing Mechanism Design from Exogenously Incomplete Regimes,"
NBER Working Papers
19617, National Bureau of Economic Research, Inc.
- Alexander Karaivanov & Robert M. Townsend, 2014. "Dynamic Financial Constraints: Distinguishing Mechanism Design From Exogenously Incomplete Regimes," Econometrica, Econometric Society, vol. 82(3), pages 887-959, May.
- Jonathan Gruber & Nathaniel Hendren & Robert Townsend, 2012. "Demand and Reimbursement Effects of Healthcare Reform: Health Care Utilization and Infant Mortality in Thailand," NBER Working Papers 17739, National Bureau of Economic Research, Inc.
- Petia Topalova & Shawn Cole & Xavier Gene & Jeremy Tobacman & Robert Townsend & James Vickery, 2011.
"Barriers to Household Risk Management: Evidence from India,"
Working Papers
id:4293, eSocialSciences.
- Shawn Cole & Xavier Gine & Jeremy Tobacman & Petia Topalova & Robert Townsend & James Vickery, 2013. "Barriers to Household Risk Management: Evidence from India," American Economic Journal: Applied Economics, American Economic Association, vol. 5(1), pages 104-135, January.
- Shawn Cole & Xavier Gine & Jeremy Tobacman & Petia Topalova & Robert M. Townsend & James Vickery, 2009. "Barriers to household risk management: evidence from India," Staff Reports 373, Federal Reserve Bank of New York.
- Cole, Shawn & Gine, Xavier & Tobacman, Jeremy & Topalova, Petia & Townsend, Robert & Vickery, James, 2010. "Barriers to household risk management : evidence from India," Policy Research Working Paper Series 5504, The World Bank.
- Robert M. Townsend & Ms. Shawn Cole & Mr. Jeremy Tobacman & Mr. Xavier Gine & Mr. James Ian Vickery & Petia Topalova, 2012. "Barriers to Household Risk Management: Evidence from India," IMF Working Papers 2012/195, International Monetary Fund.
- Christopher Phelan & Robert M Townsend, 2010.
"Computing Multi-Period, Information Constrained Optima,"
Levine's Working Paper Archive
117, David K. Levine.
- Christopher Phelan & Robert M. Townsend, 1991. "Computing Multi-Period, Information-Constrained Optima," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(5), pages 853-881.
- Phelan, C. & Townsend, R.M., 1990. "Computing Multiperiod, Information-Constrained Optima," University of Chicago - Economics Research Center 90-13, Chicago - Economics Research Center.
- Alexander Karaivanov & Sonia Ruano & Jesús Saurina & Robert Townsend, 2010.
"No bank, one bank, several banks: does it matter for investment?,"
Working Papers
1003, Banco de España.
- Sonia Ruano & Robert M. Townsend & Jesus Saurina & Alexander Karaivanov, 2010. "No Bank, One Bank, Several Banks: Does It Matter for Investment?," 2010 Meeting Papers 669, Society for Economic Dynamics.
- Gine, Xavier & Menand, Lev & Townsend, Robert & Vickery, James, 2010. "Microinsurance : a case study of the Indian rainfall index insurance market," Policy Research Working Paper Series 5459, The World Bank.
- Edward C Prescott & Robert M Townsend, 2010.
"Pareto Optima and Competitive Equilibria With Adverse Selection and Moral Hazard,"
Levine's Working Paper Archive
2069, David K. Levine.
- Prescott, Edward C & Townsend, Robert M, 1984. "Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard," Econometrica, Econometric Society, vol. 52(1), pages 21-45, January.
- Kilenthong, Weerachart & Townsend, Robert, 2010.
"Information-Constrained Optima with Retrading: An Externality and Its Market-Based Solution,"
MPRA Paper
20725, University Library of Munich, Germany.
- Kilenthong, Weerachart T. & Townsend, Robert M., 2011. "Information-constrained optima with retrading: An externality and its market-based solution," Journal of Economic Theory, Elsevier, vol. 146(3), pages 1042-1077, May.
- Robert M. Townsend & Joseph P. Kaboski, 2009.
"A Structural Evaluation of a Large-Scale Quasi-Experimental Microfinance Initiative,"
2009 Meeting Papers
717, Society for Economic Dynamics.
- Joseph P. Kaboski & Robert M. Townsend, 2011. "A Structural Evaluation of a Large‐Scale Quasi‐Experimental Microfinance Initiative," Econometrica, Econometric Society, vol. 79(5), pages 1357-1406, September.
- Robert M. Townsend & Alexander Karaivanov, 2008. "Enterprise Dynamics and Finance: Distinguishing Mechanism Design from Exogenously Incomplete Markets Models," 2008 Meeting Papers 846, Society for Economic Dynamics.
- 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.
- Xavier Giné & Robert Townsend & James Vickery, 2007. "Statistical Analysis of Rainfall Insurance Payouts in Southern India," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1248-1254.
- Xavier Gine & Robert M. Townsend & James Vickery, 2007.
"Patterns of rainfall insurance participation in rural India,"
Staff Reports
302, Federal Reserve Bank of New York.
- Xavier Giné & Robert Townsend & James Vickery, 2008. "Patterns of Rainfall Insurance Participation in Rural India," The World Bank Economic Review, World Bank, vol. 22(3), pages 539-566, October.
- Gine, Xavier & Townsend, Robert & Vickery, James, 2007. "Patternsof rainfall insurance participation in rural India," Policy Research Working Paper Series 4408, The World Bank.
- Kilenthong, Weerachart & Townsend, Robert, 2007. "Market Based, Segregated Exchanges with Default Risk," MPRA Paper 20724, University Library of Munich, Germany, revised 12 Nov 2009.
- Robert M. Townsend & Hyeok Jeong, 2007.
"Sources of TFP Growth: Occupational Choice and Financial Deepening,"
2007 Meeting Papers
198, Society for Economic Dynamics.
- Hyeok Jeong & Robert Townsend, 2007. "Sources of TFP growth: occupational choice and financial deepening," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
- 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.
- Robert M Townsend & Kenichi Ueda, 2006. "Welfare Gain of Financial Liberalization," 2006 Meeting Papers 623, Society for Economic Dynamics.
- 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).
- 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.
- Robert Townsend & Alexander Karaivanov, 2005. "Firm Entry and Finance: Distinguishing Information Regimes," 2005 Meeting Papers 219, Society for Economic Dynamics.
- 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.
- 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.
- 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.
- Anna L. Paulson & Robert M. 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.
- Edward Simpson Prescott & Robert M. Townsend, 2003. "Mechanism design and assignment models," Working Paper 03-09, Federal Reserve Bank of Richmond.
- 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).
- Jeong, Hyeok & Townsend, Robert M., 2008. "Growth And Inequality: Model Evaluation Based On An Estimation-Calibration Strategy," Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 231-284, September.
- Christian Ahlin & Robert Townsend, 2003.
"Selection into and across Credit Contracts: Theory and Field Research,"
Vanderbilt University Department of Economics Working Papers
0323, Vanderbilt University Department of Economics.
- Ahlin, Christian & Townsend, Robert M., 2007. "Selection into and across credit contracts: Theory and field research," Journal of Econometrics, Elsevier, vol. 136(2), pages 665-698, February.
- Matthias Doepke & Robert M. Townsend, 2002.
"Dynamic Mechanism Design With Hidden Income and Hidden Actions,"
UCLA Economics Working Papers
818, UCLA Department of Economics.
- 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.
- Townsend, Robert & Doepke, Matthias, 2004. "Dynamic Mechanism Design with Hidden Income and Hidden Auctions," CEPR Discussion Papers 4455, C.E.P.R. Discussion Papers.
- Christian Ahlin & Robert Townsend, 2002.
"Using Repayment Data to Test Across Models of Joint Liability Lending,"
Vanderbilt University Department of Economics Working Papers
0227, Vanderbilt University Department of Economics.
- Christian Ahlin & RobertM. Townsend, 2007. "Using Repayment Data to Test Across Models of Joint Liability Lending," Economic Journal, Royal Economic Society, vol. 117(517), pages 11-51, February.
- Matthias Doepke & Robert M. Townsend, 2002. "Dynamic Mecanism Design with Hidden Income and Hidden Actions: Technical Appendix," UCLA Economics Working Papers 819, UCLA Department of Economics.
- Daniel Aaronson & Paul Huck & Robert M. 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.
- Daniel Aaronson & Paul Huck & Robert M. Townsend, 2000. "Small business access to trade credit: some evidence of ethnic differences," Proceedings 672, Federal Reserve Bank of Chicago.
- Edward Simpson Prescott & Robert M. Townsend, 2000.
"Firms as clubs in Walrasian markets with private information,"
Working Paper
00-08, Federal Reserve Bank of Richmond.
- Edward Simpson Prescott & Robert M. Townsend, 2006. "Firms as Clubs in Walrasian Markets with Private Information," Journal of Political Economy, University of Chicago Press, vol. 114(4), pages 644-671, August.
- Daniel Aaronson & Raphael W. Bostic & Paul Huck & Robert M. Townsend, 2000.
"Supplier relationships and small business use of trade credit,"
Working Paper Series
WP-00-28, Federal Reserve Bank of Chicago.
- 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.
- Philip Bond & Paul Huck & Sherrie L. W. Rhine & Robert M. Townsend, 1999. "A comparison of small business finance in two Chicago minority neighborhoods," Proceedings 780, Federal Reserve Bank of Chicago.
- 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-.
- 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.
- Edward C Prescott & Robert M Townsend, 1997.
"General Competitive Analysis in an Economy with Private Information,"
Levine's Working Paper Archive
1578, David K. Levine.
- 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.
- Edward Simpson Prescott & Robert M. Townsend, 1996. "Theory of the firm: applied mechanism design," Working Paper 96-02, Federal Reserve Bank of Richmond.
- Townsend, R., 1996. "Micro Enterprise and Macro Policy," Papers 285, Banca Italia - Servizio di Studi.
- Robert M. Townsend, 1994. "Community development banking and Financial Institutions Act: a critique with recommendations," Proceedings 49, Federal Reserve Bank of Chicago.
- Townsend, R.M., 1991.
"Risk and Insurance in Village India,"
University of Chicago - Economics Research Center
91-3, Chicago - Economics Research Center.
- Townsend, Robert M, 1994. "Risk and Insurance in Village India," Econometrica, Econometric Society, vol. 62(3), pages 539-591, May.
- Robert M. Townsend, "undated". "Risk and Insurance in Village India," University of Chicago - Population Research Center 91-3a, Chicago - Population Research Center.
- Townsend, R.M., 1990.
"Understanding the Structure of Village and Regional Economies,"
University of Chicago - Economics Research Center
91-2, Chicago - Economics Research Center.
- Robert M. Townsend, "undated". "Understanding the Structure of Village and Regional Economics," University of Chicago - Population Research Center 91-2a, Chicago - Population Research Center.
- Robert M. Townsend & Neil Wallace, 1982. "A model of circulating private debt," Staff Report 83, Federal Reserve Bank of Minneapolis.
- Robert M. Townsend, 1979.
"Optimal contracts and competitive markets with costly state verification,"
Staff Report
45, Federal Reserve Bank of Minneapolis.
- Townsend, Robert M., 1979. "Optimal contracts and competitive markets with costly state verification," Journal of Economic Theory, Elsevier, vol. 21(2), pages 265-293, October.
- Robert M. Townsend, "undated". "Introduction (Chapter1), "Key Elements and Patterns in Theory and Early European History"," University of Chicago - Population Research Center 93-5, Chicago - Population Research Center.
Articles
- Marti Mestieri & Johanna Schauer & Robert Townsend, 2017.
"Human Capital Acquisition and Occupational Choice: Implications for Economic Development,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 25, pages 151-186, April.
- Marti Mestieri & Johanna Schauer & Robert Townsend, 2017. "Code and data files for "Human Capital Acquisition and Occupational Choice: Implications for Economic Development"," Computer Codes 16-123, Review of Economic Dynamics.
- Mestieri, Martà & Schauer, Johanna & Townsend, Robert, 2017. "Human Capital Acquisition and Occupational Choice: Implications for Economic Development," CEPR Discussion Papers 11825, C.E.P.R. Discussion Papers.
- Martà Mestieri & Johanna Schauer & Robert Townsend, 2017. "Human Capital Acquisition and Occupational Choice: Implications for Economic Development," Working Papers 2017-008, Human Capital and Economic Opportunity Working Group.
- Marti Mestieri & Johanna Schauer & Robert Townsend, 2017. "Online Appendix to "Human Capital Acquisition and Occupational Choice: Implications for Economic Development"," Online Appendices 16-123, Review of Economic Dynamics.
- Shawn Cole & Xavier Gine & Jeremy Tobacman & Petia Topalova & Robert Townsend & James Vickery, 2013.
"Barriers to Household Risk Management: Evidence from India,"
American Economic Journal: Applied Economics, American Economic Association, vol. 5(1), pages 104-135, January.
- Shawn Cole & Xavier Gine & Jeremy Tobacman & Petia Topalova & Robert M. Townsend & James Vickery, 2009. "Barriers to household risk management: evidence from India," Staff Reports 373, Federal Reserve Bank of New York.
- Petia Topalova & Shawn Cole & Xavier Gene & Jeremy Tobacman & Robert Townsend & James Vickery, 2011. "Barriers to Household Risk Management: Evidence from India," Working Papers id:4293, eSocialSciences.
- Cole, Shawn & Gine, Xavier & Tobacman, Jeremy & Topalova, Petia & Townsend, Robert & Vickery, James, 2010. "Barriers to household risk management : evidence from India," Policy Research Working Paper Series 5504, The World Bank.
- Robert M. Townsend & Ms. Shawn Cole & Mr. Jeremy Tobacman & Mr. Xavier Gine & Mr. James Ian Vickery & Petia Topalova, 2012. "Barriers to Household Risk Management: Evidence from India," IMF Working Papers 2012/195, International Monetary Fund.
- Samphantharak, Krislert & Townsend, Robert M., 2012. "Measuring the return on household enterprise: What matters most for whom?," Journal of Development Economics, Elsevier, vol. 98(1), pages 58-70.
- Archawa Paweenawat & Robert M. Townsend, 2012. "Village Economic Accounts: Real and Financial Intertwined," American Economic Review, American Economic Association, vol. 102(3), pages 441-446, May.
- Cynthia Kinnan & Robert Townsend, 2012. "Kinship and Financial Networks, Formal Financial Access, and Risk Reduction," American Economic Review, American Economic Association, vol. 102(3), pages 289-293, May.
- Joseph P. Kaboski & Robert M. Townsend, 2012. "The Impact of Credit on Village Economies," American Economic Journal: Applied Economics, American Economic Association, vol. 4(2), pages 98-133, April.
- Kilenthong, Weerachart T. & Townsend, Robert M., 2011.
"Information-constrained optima with retrading: An externality and its market-based solution,"
Journal of Economic Theory, Elsevier, vol. 146(3), pages 1042-1077, May.
- Kilenthong, Weerachart & Townsend, Robert, 2010. "Information-Constrained Optima with Retrading: An Externality and Its Market-Based Solution," MPRA Paper 20725, University Library of Munich, Germany.
- Joseph P. Kaboski & Robert M. Townsend, 2011.
"A Structural Evaluation of a Large‐Scale Quasi‐Experimental Microfinance Initiative,"
Econometrica, Econometric Society, vol. 79(5), pages 1357-1406, September.
- Robert M. Townsend & Joseph P. Kaboski, 2009. "A Structural Evaluation of a Large-Scale Quasi-Experimental Microfinance Initiative," 2009 Meeting Papers 717, Society for Economic Dynamics.
- John S. Felkner & Robert M. Townsend, 2011. "The Geographic Concentration of Enterprise in Developing Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(4), pages 2005-2061.
- Pawasutipaisit, Anan & Townsend, Robert M., 2011. "Wealth accumulation and factors accounting for success," Journal of Econometrics, Elsevier, vol. 161(1), pages 56-81, March.
- Robert Townsend, 2010. "Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics," Annual Review of Economics, Annual Reviews, vol. 2(1), pages 507-546, September.
- Robert M. Townsend & Kenichi Ueda, 2010.
"Welfare Gains From Financial Liberalization,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(3), pages 553-597, August.
- Mr. Kenichi Ueda & Robert M. Townsend, 2007. "Welfare Gains from Financial Liberalization," IMF Working Papers 2007/154, International Monetary Fund.
- William Jack & Tavneet Suri & Robert M. Townsend, 2010. "Monetary theory and electronic money : reflections on the Kenyan experience," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 96(1Q), pages 83-122.
- Townsend, Robert M. & Urzua, Sergio S., 2009. "Measuring The Impact Of Financial Intermediation: Linking Contract Theory To Econometric Policy Evaluation," Macroeconomic Dynamics, Cambridge University Press, vol. 13(S2), pages 268-316, September.
- John Felkner & Kamilya Tazhibayeva & Robert Townsend, 2009. "Impact of Climate Change on Rice Production in Thailand," American Economic Review, American Economic Association, vol. 99(2), pages 205-210, May.
- Xavier Giné & Robert Townsend & James Vickery, 2008.
"Patterns of Rainfall Insurance Participation in Rural India,"
The World Bank Economic Review, World Bank, vol. 22(3), pages 539-566, October.
- Xavier Gine & Robert M. Townsend & James Vickery, 2007. "Patterns of rainfall insurance participation in rural India," Staff Reports 302, Federal Reserve Bank of New York.
- Gine, Xavier & Townsend, Robert & Vickery, James, 2007. "Patternsof rainfall insurance participation in rural India," Policy Research Working Paper Series 4408, The World Bank.
- Townsend, Robert M., 2008. "Introduction To Macroeconomic Dynamics Special Issue: Inequality," Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 149-153, September.
- Madeira, Gabriel A. & Townsend, Robert M., 2008. "Endogenous groups and dynamic selection in mechanism design," Journal of Economic Theory, Elsevier, vol. 142(1), pages 259-293, September.
- Jeong, Hyeok & Townsend, Robert M., 2008.
"Growth And Inequality: Model Evaluation Based On An Estimation-Calibration Strategy,"
Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 231-284, September.
- 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).
- Ahlin, Christian & Townsend, Robert M., 2007.
"Selection into and across credit contracts: Theory and field research,"
Journal of Econometrics, Elsevier, vol. 136(2), pages 665-698, February.
- Christian Ahlin & Robert Townsend, 2003. "Selection into and across Credit Contracts: Theory and Field Research," Vanderbilt University Department of Economics Working Papers 0323, Vanderbilt University Department of Economics.
- Christian Ahlin & RobertM. Townsend, 2007.
"Using Repayment Data to Test Across Models of Joint Liability Lending,"
Economic Journal, Royal Economic Society, vol. 117(517), pages 11-51, February.
- Christian Ahlin & Robert Townsend, 2002. "Using Repayment Data to Test Across Models of Joint Liability Lending," Vanderbilt University Department of Economics Working Papers 0227, Vanderbilt University Department of Economics.
- Xavier Giné & Robert Townsend & James Vickery, 2007.
"Statistical Analysis of Rainfall Insurance Payouts in Southern India,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1248-1254.
- 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.
- Hyeok Jeong & Robert Townsend, 2007.
"Sources of TFP growth: occupational choice and financial deepening,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
- Robert M. Townsend & Hyeok Jeong, 2007. "Sources of TFP Growth: Occupational Choice and Financial Deepening," 2007 Meeting Papers 198, Society for Economic Dynamics.
- 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.
- 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.
- Matthias Doepke & Robert M. Townsend, 2002. "Dynamic Mechanism Design With Hidden Income and Hidden Actions," UCLA Economics Working Papers 818, UCLA Department of Economics.
- Townsend, Robert & Doepke, Matthias, 2004. "Dynamic Mechanism Design with Hidden Income and Hidden Auctions," CEPR Discussion Papers 4455, C.E.P.R. Discussion Papers.
- Edward Simpson Prescott & Robert M. Townsend, 2006.
"Firms as Clubs in Walrasian Markets with Private Information,"
Journal of Political Economy, University of Chicago Press, vol. 114(4), pages 644-671, August.
- Edward Simpson Prescott & Robert M. Townsend, 2000. "Firms as clubs in Walrasian markets with private information," Working Paper 00-08, Federal Reserve Bank of Richmond.
- Anna L. Paulson & Robert M. Townsend & Alexander Karaivanov, 2006. "Distinguishing Limited Liability from Moral Hazard in a Model of Entrepreneurship," Journal of Political Economy, University of Chicago Press, vol. 114(1), pages 100-144, February.
- 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, March.
- 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.
- Daniel Aaronson & Raphael W. Bostic & Paul Huck & Robert M. Townsend, 2000. "Supplier relationships and small business use of trade credit," Working Paper Series WP-00-28, Federal Reserve Bank of Chicago.
- 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.
- 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.
- Paulson, Anna L. & Townsend, Robert, 2004. "Entrepreneurship and financial constraints in Thailand," Journal of Corporate Finance, Elsevier, vol. 10(2), pages 229-262, March.
- Robert M. Townsend, 2003. "Microcredit And Mechanism Design," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 468-477, 04/05.
- 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.
- Robert M. Townsend & Jacob Yaron, 2001. "The credit risk-contingency system of an Asian development bank," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q III), pages 31-48.
- Lehnert, Andreas & Ligon, Ethan & Townsend, Robert M., 1999. "Liquidity Constraints And Incentive Contracts," Macroeconomic Dynamics, Cambridge University Press, vol. 3(1), pages 1-47, March.
- Philip Bond & Paul Huck & Sherrie L. W. Rhine & Robert M. Townsend, 1999. "Small business finance in two Chicago minority neighborhoods," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 23(Q II), pages 46-62.
- Philip Bond & Paul Huck & Robert M. Townsend, 1999. "How do minorities fund small business start-ups? Two Chicago neighborhoods offer insight," The Region, Federal Reserve Bank of Minneapolis, vol. 13(Sep), pages 10-13,26.
- 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.
- 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.
- 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-.
- Robert Townsend, 1997. "Discrimination in Financial Services: How Should We Proceed?," Journal of Financial Services Research, Springer;Western Finance Association, vol. 11(1), pages 215-217, February.
- Philip Bond & Robert M. Townsend, 1996. "Formal and informal financing in a Chicago neighborhood," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 20(Jul), pages 3-27.
- Robert M. Townsend, 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.
- Townsend, Robert M, 1994.
"Risk and Insurance in Village India,"
Econometrica, Econometric Society, vol. 62(3), pages 539-591, May.
- Townsend, R.M., 1991. "Risk and Insurance in Village India," University of Chicago - Economics Research Center 91-3, Chicago - Economics Research Center.
- Robert M. Townsend, "undated". "Risk and Insurance in Village India," University of Chicago - Population Research Center 91-3a, Chicago - Population Research Center.
- Townsend, Robert M, 1989. "Currency and Credit in a Private Information Economy," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1323-1344, December.
- Townsend, Robert M., 1988. "Information constrained insurance : The revelation principle extended," Journal of Monetary Economics, Elsevier, vol. 21(2-3), pages 411-450.
- Townsend, Robert M, 1987. "Economic Organization with Limited Communication," American Economic Review, American Economic Association, vol. 77(5), pages 954-971, December.
- Townsend, Robert M., 1987. "Asset-return anomalies in a monetary economy," Journal of Economic Theory, Elsevier, vol. 41(2), pages 219-247, April.
- Townsend, Robert M, 1987. "Models as Economies," Economic Journal, Royal Economic Society, vol. 98(390), pages 1-24, Supplemen.
- 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.
- Edward C Prescott & Robert M Townsend, 1997. "General Competitive Analysis in an Economy with Private Information," Levine's Working Paper Archive 1578, David K. Levine.
- Prescott, Edward C & Townsend, Robert M, 1984.
"Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard,"
Econometrica, Econometric Society, vol. 52(1), pages 21-45, January.
- Edward C Prescott & Robert M Townsend, 2010. "Pareto Optima and Competitive Equilibria With Adverse Selection and Moral Hazard," Levine's Working Paper Archive 2069, David K. Levine.
- Townsend, Robert M, 1983. "Forecasting the Forecasts of Others," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 546-588, August.
- Townsend, Robert M., 1983. "Theories of intermediated structures," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 18(1), pages 221-272, January.
- Townsend, Robert M, 1983. "Financial Structure and Economic Activity," American Economic Review, American Economic Association, vol. 73(5), pages 895-911, December.
- Townsend, Robert, 1983. "Reply to John long's comments," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 18(1), pages 279-280, January.
- Townsend, Robert M, 1982. "Optimal Multiperiod Contracts and the Gain from Enduring Relationships under Private Information," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1166-1186, December.
- Harris Milton & Townsend, Robert M, 1981. "Resource Allocation under Asymmetric Information," Econometrica, Econometric Society, vol. 49(1), pages 33-64, January.
- Townsend, Robert M., 1979.
"Optimal contracts and competitive markets with costly state verification,"
Journal of Economic Theory, Elsevier, vol. 21(2), pages 265-293, October.
- Robert M. Townsend, 1979. "Optimal contracts and competitive markets with costly state verification," Staff Report 45, Federal Reserve Bank of Minneapolis.
- Townsend, Robert M, 1978. "Market Anticipations, Rational Expectations, and Bayesian Analysis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(2), pages 481-494, June.
- Townsend, Robert M, 1978. "On the Optimality of Forward Markets," American Economic Review, American Economic Association, vol. 68(1), pages 54-66, March.
- Townsend, Robert M., 1977. "The eventual failure of price fixing schemes," Journal of Economic Theory, Elsevier, vol. 14(1), pages 190-199, February.
Books
- Townsend, Robert M., 2011. "Financial Systems in Developing Economies: Growth, Inequality and Policy Evaluation in Thailand," OUP Catalogue, Oxford University Press, number 9780199533237.
- Samphantharak,Krislert & Townsend,Robert M., 2010.
"Households as Corporate Firms,"
Cambridge Books,
Cambridge University Press, number 9780521195829, October.
- Samphantharak,Krislert & Townsend,Robert M., 2010. "Households as Corporate Firms," Cambridge Books, Cambridge University Press, number 9780521124164, October.
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Featured entries
This author is featured on the following reading lists, publication compilations, Wikipedia, or ReplicationWiki entries:- Robert M. Townsend in Wikipedia (Spanish)
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NEP Fields
NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 41 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.- NEP-DEV: Development (10) 2004-08-16 2004-10-30 2005-04-03 2005-04-03 2005-10-29 2007-10-06 2007-12-15 2009-07-11 2011-01-16 2012-01-25. Author is listed
- NEP-SEA: South East Asia (7) 2005-04-03 2012-01-25 2013-06-16 2013-07-15 2013-12-29 2015-01-31 2021-04-05. Author is listed
- NEP-AGR: Agricultural Economics (6) 2007-10-06 2007-12-15 2010-11-06 2011-01-23 2013-07-15 2020-12-21. Author is listed
- NEP-IAS: Insurance Economics (6) 2007-10-06 2007-12-15 2009-07-11 2010-11-06 2011-01-23 2020-12-21. Author is listed
- NEP-MFD: Microfinance (6) 2004-08-16 2009-07-11 2010-11-06 2011-01-16 2011-01-23 2013-12-29. Author is listed
- NEP-CTA: Contract Theory and Applications (5) 2010-04-24 2010-12-18 2013-11-16 2013-11-16 2014-05-17. Author is listed
- NEP-CWA: Central and Western Asia (5) 2007-10-06 2007-12-15 2009-07-11 2011-01-23 2021-03-29. Author is listed
- NEP-DGE: Dynamic General Equilibrium (5) 2002-07-04 2002-07-04 2005-04-03 2014-05-17 2015-01-31. Author is listed
- NEP-MAC: Macroeconomics (5) 2013-11-16 2015-01-31 2017-10-15 2018-04-16 2021-04-05. Author is listed
- NEP-BAN: Banking (3) 2010-04-04 2016-06-04 2019-05-13
- NEP-FDG: Financial Development and Growth (3) 2019-05-13 2021-03-29 2021-04-05
- NEP-MIC: Microeconomics (3) 2004-12-20 2006-01-01 2020-06-08
- NEP-ACC: Accounting and Auditing (2) 2004-12-20 2017-10-15
- NEP-BEC: Business Economics (2) 2005-04-03 2010-04-04
- NEP-CBA: Central Banking (2) 2016-04-04 2016-05-08
- NEP-COM: Industrial Competition (2) 2016-04-16 2020-06-08
- NEP-EEC: European Economics (2) 2010-04-04 2024-06-17
- NEP-ENT: Entrepreneurship (2) 2004-09-12 2005-04-03
- NEP-EXP: Experimental Economics (2) 2009-07-11 2011-01-16
- NEP-NET: Network Economics (2) 2020-12-21 2022-08-29
- NEP-PAY: Payment Systems and Financial Technology (2) 2017-10-15 2020-06-08
- NEP-URE: Urban and Real Estate Economics (2) 2013-11-16 2021-04-05
- NEP-CMP: Computational Economics (1) 2005-04-03
- NEP-CNA: China (1) 2019-05-13
- NEP-EFF: Efficiency and Productivity (1) 2005-10-29
- NEP-EUR: Microeconomic European Issues (1) 2024-06-17
- NEP-FMK: Financial Markets (1) 2013-12-29
- NEP-GEO: Economic Geography (1) 2021-04-05
- NEP-HEA: Health Economics (1) 2012-01-25
- NEP-IFN: International Finance (1) 2016-04-16
- NEP-IND: Industrial Organization (1) 2003-09-08
- NEP-KNM: Knowledge Management and Knowledge Economy (1) 2006-01-01
- NEP-LAB: Labour Economics (1) 2024-06-17
- NEP-MST: Market Microstructure (1) 2019-07-29
- NEP-PKE: Post Keynesian Economics (1) 2016-05-08
- NEP-REG: Regulation (1) 2016-04-16
- NEP-RMG: Risk Management (1) 2009-07-11
- NEP-TRA: Transition Economics (1) 2019-05-13
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