Residential Mortgages and Mortgage-Backed Securities
Mortgage Servicing Rights and Interest Rate Volatility
Working paper
Optimal Mortgage Refinancing: Application of Bond Valuation Tools to Household Risk Management
Applied Financial Economic Letters (Vol. 1, 2008)
The True Cost of No-Cost Mortgages
Mortgage Risk (October 2007)
A Pointer on Points
OR/MS Today (June 2007)
Is There a Financial Engineer in the House?
Financial Engineering News (March/April 2006)
An Option-Theoretic Prepayment Model for Mortgages and Mortgage-Backed Securities
International Journal of Theoretical and Applied Finance (December 2004)
Ginnie Mae and the Secondary Mortgage Market: An Integral Part of the American Economic Engine
Bond Valuation and Structuring
When It's Time to Get off the Tree
Financial Engineering News (November/December 2006)
Some Bonds Are Worth More Dead than Alive
Financial Engineering News (September/October 2006)
What's Bad About Yield-to-Worst
Leverage World (August 15 2003)
Taking the Friction out of Saving Interest
BondWeek (July 14 2003)
Insuring Callable Bonds: Selecting the Right Payment Plan
The Journal of Risk Finance (Spring 2003)
Ratchet Bonds: Maximum Refunding Efficiency at Minimum Transaction Cost
Journal of Applied Corporate Finance (Spring 1999)
Everything You Always Wanted to Know About Ratchet Bonds
BondWeek (July 13 1998)
The Problem with Black, Scholes et al.
Derivatives Strategy (November 1995)
The Perils of Monte Carlo
Derivatives Strategy (June 1994)
Mickey Mouse Analysis
F&T Risk Advisor (December 1993)
A Model for Valuing Bonds and Embedded Options
Financial Analysts Journal (May/June 1993)
The Valuation and Management of Bonds with Sinking Fund Provisions
Financial Analysts Journal (March/April 1992)
Sinking Fund Prepurchases and the Designation Option
Financial Management (Winter 1992)
Managing the Capital Structure
The Handbook of Modern Finance (Warren, Gorham & Lamont, Inc. 1989)
An Analysis of Original Issue Discount Bonds
Financial Management (Autumn 1984)
Innovations in Corporate Finance: Deep Discount Private Placements
Financial Management (Spring 1982)
Sinking Funds and the Realized Cost of Debt
Financial Management (Spring 1982)
Long-Term Debt and Equity Markets and Instruments
The Financial Handbook (John Wiley & Sons, Inc. 1981)
On the Management of Sinking Funds
Financial Management (Spring 1981)
Debt Management
Calling and Refunding
Optimal Mortgage Refinancing: Application of Bond Valuation Tools to Household Risk Management
Applied Financial Economic Letters (Vol. 1, 2008)
Refunding Efficiency: A Generalized Approach
Applied Financial Economic Letters (Vol. 3, 2007)
When It's Time to Get off the Tree
Financial Engineering News (November/December 2006)
Insuring Callable Bonds: Selecting the Right Payment Plan
The Journal of Risk Finance (Spring 2003)
Ratchet Bonds: Maximum Refunding Efficiency at Minimum Transaction Cost
Journal of Applied Corporate Finance (Spring 1999)
The Timing of Advanced Refunding of Tax-Exempt Municipal Bonds
Municipal Finance Journal (Summer 1998)
Refunding Tax-Exempt Corporate Bonds in Advance of the Call
The Financier (February 1994)
The Management of Sinking Funds: The World Bank Experience
Journal of Fixed Income (June 1993)
The Sure Thing – Bond Refunding: How Operations Research Made Its Mark on Wall Street
OR/MS Today (April 1993)
Embedded Call Options and Refunding Efficiency
Advances in Futures and Options Research (Vol. 3, 1988)
Optimum Bond Calling and Refunding
Interfaces (November 1979)
Tax Differentials and Callable Bonds
Journal of Finance (September 1979)
On the Advanced Refunding of Discounted Debt
Financial Management (Summer 1978)
A Comment on Bond Refunding
Financial Management (Autumn 1976)
Structured Transactions and Interest Rate Derivatives
Insuring Callable Bonds: Selecting the Right Payment Plan
Journal of Risk Finance (Spring 2003)
Putable/Callable/Reset Bonds: Inter-market Arbitrage with Unpleasant Side Effects
Journal of Derivatives (Summer 1999)
How to Succeed in Derivatives without Really Buying
Journal of Applied Corporate Finance (Fall 1993)
The Valuation and Management of Bonds with Sinking Fund Provisions
Financial Analysts Journal (March/April 1992)
Innovations in Corporate Finance: Deep Discount Private Placements
Financial Management (Spring 1982)
Tax-Driven Transactions
Premium Debt Swaps: The Best of Both Worlds?
Financial Management (Autumn 1998)
A Tale of Two Bond Swaps
Journal of Financial Engineering (December 1992)
Tax Differentials and Callable Bonds
Journal of Finance (September 1979)
On the Advanced Refunding of Discounted Debt
Financial Management (Summer 1978)
Accounting and Regulatory Finance
Testing Hedge Effectiveness for FAS 133: The Volatility Reduction Measure
Journal of Applied Corporate Finance (Winter 2001)
Earnings Impact of Derivatives under Hedge Accounting
FAS 133 and the New Derivatives Accounting Landscape (Fall 2001)
The Volatility Reduction Measure
Derivatives Strategy (March 2001)
FAS 133: Hedge Effectiveness Testing
Reuters Risk Review (Vol. 2, 2000)
Refunding Considerations under Rate-Base Regulation
Financial Management (Autumn 1984)
Bond Redemption under Rate-Base Regulation
Public Utilities Fortnightly (March 1979)
Municipal Finance
The Right Discount Rate Can Save Your Life
Financial Engineering News (January/February 2007)
Subsidized Borrowing and The Discount Rate: The Case of Municipal Capital Budgeting and Financial Management
Municipal Finance Journal (Winter 1999)
The Timing of Advance Refunding of Tax-Exempt Municipal Bonds
Municipal Finance Journal (Summer 1998)
Refunding Tax-Exempt Corporate Bonds in Advance of the Call
The Financier (February 1994)
On the Maturity Mix of Public Utility Debt
Public Utilities Fortnightly (1980)
Innovations
A Framework for Corporate Treasury Performance Measurement
Journal of Applied Corporate Finance (Winter 2005)
Taking the Friction out of Saving Interest
BondWeek (July 14 2003)
Testing Hedge Effectiveness for FAS 133: The Volatility Reduction Measure
Journal of Applied Corporate Finance (Winter 2001)
The Volatility Reduction Measure
Derivatives Strategy (March 2001)
The Challenge of Managing Credit Spreads: New Tools on the Horizon
Journal of Applied Corporate Finance (Fall 1999)
Ratchet Bonds: Maximum Refunding Efficiency at Minimum Transaction Cost
Journal of Applied Corporate Finance (Spring 1999)
Everything You Always Wanted to Know About Ratchet Bonds
BondWeek (July 13 1998)
Innovations in Corporate Finance: Deep Discount Private Placements
Financial Management(Spring 1982)