This paper examines the convexity bias introduced by pricing interest rate swaps off the Eurocurrency futures curve and the market's adjustment of this bias in prices over time. The convexity bias arises because of the difference between a futures contract and a forward contract on interest...

Bank credit has evolved from the traditional relationship banking model to an originate-to-distribute model. We show that the borrowers whose loans are sold in the secondary market underperform their peers by about 9% per year (risk-adjusted) over the three-year period following the initial sale...

It is beneficial for the consumer to have solar cookers of various varieties in terms of geometrical designs, performance and price but it is also a challenge to develop a uniform test standard for evaluating the thermal performance of the cookers irrespective of their geometrical construction....