"Information-Constrained Optima with Retrading: An Externality and Its Market-Based Solution." Weerachart Tee Kilenthong and Robert M. Townsend. Journal of Economic Theory 146(3), 2011: 1042-1077. ABSTRACT PDF
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"The Geographic Concentration of Enterprise in Developing Countries," John Felkner and Robert M. Townsend. Quarterly Journal of Economics 126 (4), 2011: 2005-2061. ABSTRACT PDF For 2009 working version: PDF
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"Wealth Accumulation and Factors Accounting for Success." Anan Pawasutipaisit and Robert M. Townsend. Journal of Econometrics. 161(1), March 2011: 56-81. ABSTRACT PDF
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"Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics." Robert M. Townsend. Annual Review of Economics. Ed. Kenneth Arrow and Timothy Bresnahan. Vol. 2, 2010: 507-546. ABSTRACT PDF
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"Monetary Theory and Electronic Money: Reflections on the Kenyan Experience." William Jack, Tavneet Suri, and Robert M. Townsend. Economic Quarterly 96(1), 2010: 83-122. LINK
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"Rainfall Insurance in Semi-Arid India: Contract Design, Household Participation and Future Prospects." Xavier Gine, Robert M. Townsend, and James Vickery. In Weather Risk Management, K. Tang (ed.), London: Risk Books, 2010. LINK
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"Welfare Gains from Financial Liberalization." Robert M. Townsend and Kenichi Ueda. International Economic Review 51(3), August 2010: 553-597. ABSTRACT PDF
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"Forecasting when it Matters: Evidence from Semi-Arid India." Xavier Gine, Robert M. Townsend, and James Vickery, World Bank mimeo, 2009.
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"Households as Corporate Firms: An Analysis of Household Finance Using Integrated Household Surveys and Corporate Financial Accounting." Krislert Samphantharak and Robert M. Townsend. Econometric Society Monograph Series No. 46, December 2009. LINK
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"Impact of Climate Change on Rice Production in Thailand." John Felkner, Kamilya Tazhibayeva, and Robert Townsend. American Economic Review 99(2), May 2009: 1-10. ABSTRACT PDF
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"Measuring the Impact of Financial Intermediation: Linking Contract Theory to Econometric Policy Evaluation." Robert M. Townsend and Sergio Urzua. Macroeconomic Dynamics 13 (S2), September 2009: 268-316. ABSTRACT PDF
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"Endogenous Groups and Dynamic Selection in Mechanism Design." Gabriel Madeira and Robert M. Townsend. Journal of Economic Theory 142(1), September 2008: 259-93. ABSTRACT PDF
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"Growth and Inequality: Model Evaluation Based on an Estimation-Calibration Strategy." Hyeok Jeong and Robert M. Townsend. Macroeconomic Dynamics Special Issue on Inequality 12; Supplement S2, September 2008: 231-84. ABSTRACT PDF
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"Introduction to Macroeconomic Dynamics Special Issue: Inequality." Robert M. Townsend. Macroeconomic Dynamics 12; Supplement S2, September 2008: 149-53. PDF
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"Patterns of Rainfall Insurance Participation in Rural India." Xavier Gine, Robert M. Townsend, and James Vickery. World Bank Economic Review 22(3), November 2008: 539-566. ABSTRACT LINK
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"Evaluating the Financial Systems of Emerging Market Economics." Robert M. Townsend. Jacob Marschak 2007 Memorial Lecture Presentation. Presented at LACEA-LAMES in Bogota, Colombia, October 5, 2007. PDF
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"Selection Into and Across Credit Contracts: Theory and Field Research." Christian Ahlin and Robert M. Townsend. Journal of Econometrics 136(2), February 2007: 665-98. ABSTRACT PDF
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"Sources of TFP Growth: Occupational Choice and Financial Deepening." Hyeok Jeong and Robert M. Townsend. Economic Theory Special Edition Honoring Edward Prescott 32(1), July 2007: 179-221. ABSTRACT PDF
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"Statistical Analysis of Rainfall Insurance Payouts in Southern India." Xavier Gine, Robert M. Townsend, and James Vickery. American Journal of Agricultural Economics 89(5), December 2007: 1248_1254. PDF
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"Using Repayment Data to Test Across Models of Joint Liability Lending." Christian Ahlin and Robert M. Townsend. Economic Journal 117(517), March 2007: F11-F51.B63. ABSTRACT PDF
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