Browsing College of Arts and Science by Author "Townsend, Robert"

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    • Selection into and across Credit Contracts: Theory and Field Research 
      Ahlin, Christian; Townsend, Robert (Vanderbilt University, 2003)
      Various theories make predictions about the relative advantages of individual loans versus joint liability loans. If we imagine that lenders facing moral hazard make relative performance comparisons in determining stringency ...
    • Using Repayment Data to Test Across Models of Joint Liability Lending 
      Ahlin, Christian; Townsend, Robert (Vanderbilt University, 2002)
      Spurred by its successful delivery of credit to poor borrowers in diverse areas of the developing world, joint liability lending has caught the imagination of development theorists and practitioners. Various theories have ...