The inefficiency of refinancing: Why prepayment penalties...

Journal of Financial Economics 2013 / 03 Vol. 107; Iss. 3

The inefficiency of refinancing: Why prepayment penalties are good for risky borrowers

Mayer, Chris, Piskorski, Tomasz, Tchistyi, Alexei
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Volume:
107
Language:
english
Journal:
Journal of Financial Economics
DOI:
10.1016/j.jfineco.2012.10.003
Date:
March, 2013
File:
PDF, 764 KB
english, 2013
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