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Aprajit Mahajan

Associate Professor · UC Berkeley (Agricultural and Resource Economics)

Associate Professor in the Department of Agricultural and Resource Economics at UC Berkeley and NBER affiliate. Works on development economics and econometrics, including technology adoption, health, agriculture and firm management.

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Published Review of Economic Studies Online 24 Sep 2025 Published Jul 2026
Contract Terms, Employment Shocks, and Default in Credit Cards

Sara G Castellanos · Diego Jiménez-Hernández · Aprajit Mahajan · Eduardo Alcaraz Prous · Enrique Seira

This paper asks two related questions bearing on financial inclusion policy in developing countries: (1) How effective are credit card contract term changes — specifically interest rate reductions and …