… ”, Working Paper Kaboski, J. P., and Townsend, R. M. (2011). “ A structural evaluation of a large‐scale … ”. Econometrica Kaboski, J.P., and Townshend, R.M. (2012). The Impact of Credit on Village Economies. American … and testing scalable versions of this idea in Colombia and India. Initial research by Meghir and coauthors shows …