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Financial Structure and Economic Organization
Book by Townsend, Robert M.
564 pages, Hardcover
First published January 1, 1990
2 people want to read
About the author
Robert M. Townsend
10 books3 followersRobert M. Townsend is the Elizabeth & James Killian Professor of Economics at Massachusetts Institute of Technology.
He is the author of Chronicles from the Field (2013) with Sombat Sakuntasathien and Rob Jordan; Financial Systems in Developing Economies (2011); Households as Corporate Firms (2010) with Krislert Samphantharak; The Medieval Village Economy (1993); Financial Structure and Economic Organization (1990); and numerous professional articles.
A theorist, macroeconomist, and development economist, Townsend analyzes the role and impact of economic organization and financial systems through applied general equilibrium models, contract theory and the use of micro data.
He is known for his seminal work on costly state verification, the revelation principle, optimal multi-period contracts, decentralization of economies with private information, models of money with spatially separated agents, forecasting the forecasts of others and insurance and credit in developing countries.
He is the author of Chronicles from the Field (2013) with Sombat Sakuntasathien and Rob Jordan; Financial Systems in Developing Economies (2011); Households as Corporate Firms (2010) with Krislert Samphantharak; The Medieval Village Economy (1993); Financial Structure and Economic Organization (1990); and numerous professional articles.
A theorist, macroeconomist, and development economist, Townsend analyzes the role and impact of economic organization and financial systems through applied general equilibrium models, contract theory and the use of micro data.
He is known for his seminal work on costly state verification, the revelation principle, optimal multi-period contracts, decentralization of economies with private information, models of money with spatially separated agents, forecasting the forecasts of others and insurance and credit in developing countries.
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