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A market-based solution for fire sales and other pecuniary externalities
Kilenthong, Weerachart T.; Townsend, Robert M. - In: Journal of political economy 129 (2021) 4, pp. 981-1010
Persistent link: https://www.econbiz.de/10012610438
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Currency and credit in a private information economy
Townsend, Robert M. - In: Journal of political economy 97 (1989) 6, pp. 1323-1344
Persistent link: https://www.econbiz.de/10001083159
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Forecasting the forecasts of others
Townsend, Robert M. - In: Journal of political economy 91 (1983) 4, pp. 546-588
Persistent link: https://www.econbiz.de/10002915735
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Optimal multiperiod contracts and the gain from enduring relationships under private information
Townsend, Robert M. - In: Journal of political economy 90 (1982) 6, pp. 1166-1186
Persistent link: https://www.econbiz.de/10002915851
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Firms as Clubs in Walrasian Markets with Private Information
Prescott, Edward Simpson; Townsend, Robert M. - In: Journal of political economy 114 (2006) 4, pp. 644-671
Persistent link: https://www.econbiz.de/10007630504
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Distinguishing Limited Liability from Moral Hazard in a Model of Entrepreneurship
Paulson, Anna L.; Townsend, Robert M.; Karaivanov, Alexander - In: Journal of political economy 114 (2006) 1, pp. 100-144
Persistent link: https://www.econbiz.de/10007633898
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Dynamic bank expansion : spatial growth, financial access, and inequality
Ji, Yan; Teng, Songyuan; Townsend, Robert M. - In: Journal of political economy 131 (2023) 8, pp. 2209-2275
Persistent link: https://www.econbiz.de/10014339688
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Firms as clubs in Walrasian markets with private information
Prescott, Edward Simpson; Townsend, Robert M. - In: Journal of political economy 114 (2006) 4, pp. 644-671
Persistent link: https://www.econbiz.de/10003375162
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Distinguishing limited liability from moral hazard in a model of entrepreneurship
Paulson, Anna Louise; Townsend, Robert M.; Karajvanov, … - In: Journal of political economy 114 (2006) 1, pp. 100-144
Persistent link: https://www.econbiz.de/10003301898
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Curbing shocks to corporate liquidity : the role of trade credit
Amberg, Niklas; Jacobson, Tor; Schedvin, Erik von; … - In: Journal of political economy 129 (2021) 1, pp. 182-242
Persistent link: https://www.econbiz.de/10012610404