I investigate the determinants of whether a fixed-price callable corporate bond is callable at par or at a premium. I first show that something as simple as the time-series ratio of par to premium-callable bonds is highly dependent on whether one is using SDC, FISD or Bloomberg as a data source....

Haiti, once the largest eighteenth-century economy in the Caribbean under French colonial rule, is now the poorest nation in the Western hemisphere and one of the poorest in the world. A broken financial system is partially to blame. We provide an in-depth examination of the state of financial...