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Uday Rajan

Institution

University of Michigan

PhD Year

1995

Phone

734-764-2310

urajan@umich.edu

FTG Membership

Member

Website

http://webuser.bus.umich.edu/urajan/

Featured Work

Jan 26, 2025

Uday Rajan | Working Paper No. 00148-00

Data Regulation in Credit Markets

We study a credit market in which lending decisions depend on a borrower's digital profile, and the borrower can manipulate their digital profile. When the borrower observes the amount of...

Dec 28, 2016

Uday Rajan | Working Paper No. 00012-00

Contracting on Credit Ratings: Adding Value to Public Information

We provide a novel interpretation of the role of credit ratings when contracts between investors and portfolio managers are incomplete. In our model, a credit rating on a bond provides...

Dec 28, 2016

Uday Rajan | Working Paper No. 00003-00

Credit Ratings: Strategic Issuer Disclosure and Optimal Screening

We study a model in which an issuer can manipulate information obtained by a credit rating agency (CRA) seeking to screen and rate its financial claim. Better CRA screening leads...