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Working Papers | CFSP | Consortium on Financial Systems and Poverty
Home › Publications › Working Papers

Working Papers

We invite you to explore the working papers supported directly by CFSP as well as key working papers in the field of financial systems and poverty that were written by Consortium researchers.

Recent Working Papers

Segregated Security Exchanges with Ex Ante Rights to Trade: A Market-Based Solution to Collateral-Constrained Externalities
Robert M. Townsend, Weerachart T. Kilenthong
2014

This paper studies a competitive general equilibrium model with default and endogenous...

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Are Information Disclosure Mandates Effective? Evidence from the Credit Card Market
Enrique Seira, Alan Elizondo
2014
Consumer protection in fi nancial markets in the form of information disclosure is high on...
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Observability and Endogenous Organizations
Weerachart T. Kilenthong, Gabriel Madeira
2014
This paper establishes a relationship between the observability of common shocks and optimal...
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Access to ICT in Rural and Urban Thailand
Weerachart T. Kilenthong, Patarapan Odton
2014
This paper studies the information and communication technology adoption decision of Thai...
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Savings Monitors
Emily Breza, Arun Chandrasekhar
2014
We conduct a field experiment in India to explore two interventions to help individuals to...
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Mobile Phones in Developing Countries
Jerry Hausman, Zhong Liu
2014
Mobile phone networks have been in operation for about 30 years. Penetration is now rapidly...
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A Market Based Solution to Price Externalities: A Generalized Framework
Weerachart T. Kilenthong, Robert M. Townsend
2014

Pecuniary externalities have regained the interest of researchers as they seek policy...

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Risk and Return in Village Economies
Krislert Samphantharak, Robert M. Townsend
2013

We present a model for the study of risk and return of household assets in village economies....

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Agricultural Decisions After Relaxing Credit and Risk Constraints
Dean Karlan, Christopher Udry, Robert Osei, Isaac Osei-Akoto
2013

The investment decisions of small‐scale farmers in developing countries are conditioned by...

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Spatial Competition Among Financial Service Providers and Optimal Contract Design
Robert M. Townsend, Victor Zhorin
2013

We present a contract-based model of industrial organization that allows us to consider in a...

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