Remarks at United States Military Academy at West Point, West Point, New York.

Remarks at the National Association for Business Economics Annual Meeting, New York City.

Remarks at the New College of Florida 44th Annual Commencement, Sarasota, Florida.

Remarks at the at the Society of American Business Editors and Writers Fall Conference, City University of New York, Graduate School of Journalism, New York City.

The optimal prepayment model asserts that rational homeowners would refinance if they can reduce the current value of their liabilities by an amount greater than the refinancing threshold, defined as the cost of carrying the transaction plus the time value of the embedded call option. To compute...

Remarks at the Japan Society, New York City.

Remarks at 2010 CFA Institute Fixed Income Management Conference, Newport Beach, California.

Remarks at the National Association for Business Economics Policy Conference, Arlington, Virginia

Remarks at the Annual Meeting with Primary Dealers, New York City.