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A Thai village study finds wide variation in risk attitudes, suggesting that policy to smooth economic volatility may need to be nuanced. The Federal Reserve Bank of Minneapolis: The Region, June 2010 Douglas Clement, Editor It may be a vestige of colonial history that leads people in industrialized...
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May/June 2011 Peter Dizikes Economists have developed a wealth of tools in recent decades. But few scholars have applied those methods to an important social question: how do poor people manage their finances? Economics professor Robert M. Townsend is shedding light on the issue through a unique long...
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New book by MIT Economist Robert M. Townsend establishes foundation for analyzing the impact of financial policies in developing countries. CHICAGO, March 22, 2011 Ever since widespread defaults on microloans in India thrust the microfinance industry into crisis, a compelling and fundamental question...
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Robert M. Townsend, Interviewed by Stephen Yeo Robert M. Townsend of MIT talks about his research on how the lives of the world’s poor can be improved through more efficient financial systems. Drawing on data gathered from an extensive survey of Thai households, Townsend discusses risk-sharing and the...
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Robert M. Townsend, Interviewed by Stephen Yeo Robert M. Townsend talks about his recent book, co-authored with Krislert Samphantharak, that analyses household finance in developing countries using integrated household surveys. Townsend describes how to create new and more comprehensive household ‘accounts...
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Leading experts will discuss ways to improve survey design and data collection in developing economies when they meet Dec. 10-11 at the World Bank in Washington, D.C. for “Survey Design and Measurement in Development Economics,” a conference presented by the University of Chicago, the World Bank and...
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KANSAS CITY, Mo., May 19 (AScribe Newswire) -- The Ewing Marion Kauffman Foundation announced today the recipients of the Kauffman Junior Faculty Fellowships in Entrepreneurship Research. Five fellowships in the amount of $50,000 each were awarded to tenured or tenure-track junior faculty members whose...
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The Enterprise Initiative is pleased to announce an upcoming lunch series focusing on current research in the area of development economics. "Eats & Economics", to be held biweekly on Tuesdays throughout the winter and spring quarters, will highlight enterprise-focused research by both...
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Published: Jan / Feb 2008 Along a narrow gravel road in central Thailand’s Lopburi province stands a two-story house with a corrugated-steel roof. On a hot day last August a family of three sat cross-legged on the cobalt-tiled floor and talked about their life and work with interviewers from the Thai...
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Published: March 20, 2008 The John Templeton Foundation has provided a $3.3 million grant for a new project to focus on wealth creation and poverty reduction in developing countries by bringing together some of the nation’s leading economists and scholars to form The Enterprise Initiative, based at the...