Contract Terms, Employment Shocks, and Default in Credit Cards.

Regulatory concerns over a tension between expanding financial access and limiting default have led to significant restrictions on contract terms in a number of countries, despite limited evidence on their effectiveness. We use a large nation-wide RCT to examine new borrower responses to changes in...

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Bibliographic Details

Published in:	Review of Economic Studies Vol. 93; no. 4; pp. 2451 - 2490
Main Authors:	Castellanos, Sara G, Jiménez-Hernández, Diego, Mahajan, Aprajit, Prous, Eduardo Alcaraz, Seira, Enrique
Format:	Article
Published:	Oxford University Press / USA Jul2026
Subjects:	Mexico Unemployment Contracts Randomized controlled trials Default (Finance) Interest rates Credit cards Financial inclusion
Online Access:	View this record in EBSCOhost