When and why did FSLIC resolve insolvent thrifts?

Article Abstract:

An optimal resolution triage strategy for a deposit-insurance regulator was developed. The objective was to study in particular the relative roles of value maximization and constraint pressures in regulators' decisions to grant capital forbearance. Results demonstrate that regulators seldom conformed to the benchmark resolution-timing strategy than an unconflicted agent would follow under only a budget constraint. Findings support the hypothesis that insolvency resolution timing was distorted by political, personal, informational and legal constraints faced by regulators.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Insurance Regulation, Laws, regulations and rules, Insurance law, Deposit insurance, United States. Federal Savings and Loan Insurance Corp.

---

Savings and loan ownership structure and expense-preference: reply

Article Abstract:

The criticisms made by Krinsky and Thomas against the methodology used in deriving conclusions about savings and loans associations (S&L) are not valid and thus fail to rob the study of its relevance. The study's use of total assets as a control regression variable is defended. Likewise, the use of the least squares method appropriately weighted as a legitimate representation for heteroskedasticity is maintained.

Management, Bankers

---

Long-run estimates of technological change and scale economies in a dynamic framework: Australian permanent building societies, 1974-1990

Article Abstract:

In investigating Australian Building Societies, this paper shows that the permanent building societies adjust costs quickly to long -run levels. Also, it shows that cost dynamics and technological change influence economies of scale estimates, the identification of the timing of shifts and the growth of total factor productivity.

Australia, Credit Unions, Statistical Data Included, Banking industry, History, Influence, Deregulation

Similar abstracts:

• Abstracts: Riding the trust tiger: despite the bad press, unit trusts remain the most convenient way for non-professional investors to put money into share and bond markets. An with a modicum of research, the risks can be reduced
• Abstracts: On the interrelation between production technology, job design, and incentives. Performance measurement systems, incentives, and the optimal allocation of responsibilities
• Abstracts: Continental Europe offers growing room. Quest for quality - Douglas Plating: meeting the stringent demands of suppliers is a key selling point. But keeping abreast of international quality control standards is expensive
• Abstracts: Pep mortgages take centre stage: using the stock market to help repay your mortgage seems an excellent idea and the personal equity plan seems an ideal way to do it. The problems is to choose the right investment and the right plan
• Abstracts: The performance of hedge funds: risk, return, and incentives. Returns from investing in equity mutual funds 1971 to 1991

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.