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Showing 1 to 2 of 2 for “"Refunding"”.

  1. Optimal Bond Refunding: Evidence From the Municipal Bond Market

    This dissertation empirically examines refunding decisions employed by issuers of tax-exempt bonds. Callable bonds contain embedded call options by virtue of provisions in bond indentures that permit the issuing firm to buy back the bond at a predetermined strike price. Such an embedded American …

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  2. Efficient and Equitable Travel Demand Management Using Price and Quantity Controls

    … and deployment of congestion pricing. Although refunding revenues in a personalized manner has the potential to improve its acceptance by being Pareto-improving, there is limited research on methodologies to do so. An alternative approach to travel demand management termed tradable mobility …

    mit Repository record for Efficient and Equitable Travel Demand Management Using Price and Quantity Controls (opens in a new tab)