A Current Evaluation of U.S. Banking Legislation: The Federal Deposit Insurance Corporation Improvement Act and Its Performance in Terms of Financial Services Industry Impacts
AbstractThis study describes the principal provisions in the Federal Deposit Insurance Corporation Improvement Act of 1991. The study then empirically investigates the impact of this statute on bank and savings and loan failures. The empirical findings indicate that, because of the changes brought about by this legislation, both the bank failure rate and the savings and loan failure rate declined significantly.
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Bibliographic InfoArticle provided by Swiss Society of Economics and Statistics (SSES) in its journal Swiss Journal of Economics and Statistics.
Volume (Year): 135 (1999)
Issue (Month): II (June)
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