Advanced Search
DSpace@MIT

Browsing MIT Open Access Articles by Author "Townsend, Robert"

Research and Teaching Output of the MIT Community

Browsing MIT Open Access Articles by Author "Townsend, Robert"

Sort by: Order: Results:

  • Cole, Shawn; Gine, Xavier; Tobacman, Jeremy; Topalova, Petia; Townsend, Robert; Vickery, James (Taylor & Francis Group, )
    Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and non-price factors in the ...
  • Townsend, Robert (Annual Reviews, 2010-06)
    This review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy makers targeting ...
  • Felkner, John S.; Townsend, Robert (Oxford University Press, 2011)
    A nation's economic geography can have an enormous impact on its development. In Thailand, we show that a high concentration of enterprise in an area predicts high subsequent growth in and around that area. We also find ...
  • Felkner, John; Tazhibayeva, Kamilya; Townsend, Robert (American Economic Association, 2009-05)
    Our goal is to evaluate crop yield impacts from likely climate changes for Southeast Asia. To do so we link soil science crop modeling, weather simulators, and global climate change modeling into an integrated economic ...
  • Townsend, Robert; Kaboski, Joseph P. (American Economic Association, 2012-04)
    This paper evaluates the short- and longer term impact of Thailand's "Million Baht Village Fund" program, among the largest scale government microfinance iniatives in the world, using pre- and post-program panel data and ...
  • Kinnan, Cynthia; Townsend, Robert (American Economic Association, 2012-05)
    Kinship networks are beneficial for smoothing consumption and investment, but the channels are not well understood. We study the financing devices used for consumption and investment by Thai households. Households that are ...
  • Townsend, Robert; Urzula, Sergio S. (Cambridge University Press, 2009-09)
    We study the impact that financial intermediation can have on productivity through the alleviation of credit constraints in occupation choice and/or an improved allocation of risk, using both static and dynamic structural ...
  • Jack, William; Suri, Tavneet; Townsend, Robert (Federal Reserve Bank of Richmond, 2010-01)
    This article uses a class of models of money and the payments system to inform an analysis of "mobile banking" in the context of the rapid expansion of M-PESA, a new technology in Kenya that allows payments via mobile ...
  • Kaboski, Joseph P.; Townsend, Robert (Econometric Society, 2010-04)
    This paper uses a structural model to understand, predict, and evaluate the impact of an exogenous microcredit intervention program, the ThaiMillion Baht Village Fund program. We model household decisions in the face of ...
  • Townsend, Robert; Paweenawat, Archawa (American Economic Association, 2012-05)
    We propose a framework to create village economic and balance of payments accounts from a micro-level household survey. Using the Townsend Thai data, we create the accounts for villages in rural and semi-urban areas of ...
  • Pawasutipaisit, Anan; Townsend, Robert (Elsevier B.V., 2011-03)
    We use detailed income, balance sheet, and cash flow statements constructed for households in a long monthly panel in an emerging market economy, and some recent contributions in economic theory, to document and better ...
  • Townsend, Robert; Ueda, Kenichi (John Wiley & Sons, Inc., 2010-08)
    Financial liberalization has been a controversial issue, as empirical evidence for growth enhancing effects is mixed. Here, we find sizable welfare gains from liberalization (cost to repression), though the gain in ...
Open Access