Working Papers

Alem, Mauro and Robert M. Townsend. "An Evaluation of Financial Institutions: Impact on Consumption and Investment Using the Theory of Risk Bearing.

Chiappori, Pierre Andre, Krislert Samphantharak, Sam Schulhofer-Wohl, and Robert M. Townsend "Heterogeneity and Risk Sharing in Thai Villages."

Foster, Ian, Tiberu Stef-Praun, Robert M. Townsend, Gabriel Madeira, et al. " "Accelerated Solution of Moral Hazard Problems through the Swift System."

Hansen, Lars Peter and T.J. Sargent. "Robustness Estimation and Detection."

Hsieh, Chang-Tai and Peter J. Klenow. "The Life Cycle of Plants in India and Mexico."

Karaivanov, Alexander and Robert M. Townsend. "Dynamic Financial Constraints: Distinguishing Mechanism Design from Exogenously Incomplete Regimes."

Karaivanov, Alexander, Sonia Ruano, Jesus Saurina, and Robert M. Townsend. "No Bank, Several Banks: Does It Matter for Investment?"

Kilenthong, Weerachart and Robert M Townsend. "Market-Based Segregated Exchanges in Securities with Default Risk."

Moll, Benjamin, Robert M. Townsend, and Victor Zhorin. "Finance and Development: Limited Commitment vs. Private Information."

Paulson, Anna and Robert M. Townsend. "Business Creation and Destruction: Insights from the Thai Financial Crisis."

Samphantharak, Krislert and Robert M. Townsend. " "Risk and Return in Village Economies."

Stef-Praun, Tiberiu and Robert M. Townsend. "Grid-Enabled Estimation of Structural Models."