This lecture covers the research methods used to evaluate microcredit programs.

Lecture 11: Evaluation of a Large Scale Microfinance Experiment

Prof. Robert Townsend discusses research methods and concepts about studying risk and return in village households.

Lecture 7: Capital Asset Pricing

Prof. Townsend introduces the course to the students, explains the syllabus, and covers the topics of finance, growth, and volatility.

Lecture 1: Finance, Growth, and Volatility

In this lecture, Prof. Townsend discusses insurance as it relates to financial access and targeting to risk instruments.

Lecture 6: Insurance

In this lecture, Prof. Townsend reviews research about financial infrastructure and impact.

Lecture 12: From Reduced Form to Structural Evaluation

In this lecture, Prof. Townsend reviews the research about dynamic financial constraints.

Lecture 10: Dynamic Financial Constraints

This lecture continues the topic of consumption smoothing.

Lecture 8: Macro Approaches to Consumption Smoothing and Risk Sharing

In this lecture, Prof. Townsend discusses labor and development including  the topics of sharing wage risk and labor and aggregation.

Lecture 9: Labor and Development

In this lecture, Prof. Townsend explains the methods of measurement in the field of development economics.

Lecture 5: Measurement in Development

In this lecture, Prof. Robert Townsend explains growth, TFP, domestic and international capital flows with other frictions in financial intermediation.

Lecture 4: Growth, TFP, Domestic and International Capital Flows

In this lecture, Prof. Townsend explains growth, TFP, and financial market imperfections.

Lecture 3: Growth, TFP, and Inequality

This lecture covers economic research about micro-founded macro models.

Lecture 2: Micro-Founded Macro Models

Development Economics: Macroeconomics

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