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Taxpayer subsidies in failed thrift resolution: The impact of FIRREA

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  • Gupta, Atul
  • LeCompte, Richard L. B.
  • Misra, Lalatendu

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  • Gupta, Atul & LeCompte, Richard L. B. & Misra, Lalatendu, 1997. "Taxpayer subsidies in failed thrift resolution: The impact of FIRREA," Journal of Monetary Economics, Elsevier, vol. 39(2), pages 327-339, July.
    • Handle: RePEc:eee:moneco:v:39:y:1997:i:2:p:327-339
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    References listed on IDEAS

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    1. James, Christopher & Wier, Peggy, 1987. "An analysis of FDIC failed bank auctions," Journal of Monetary Economics, Elsevier, vol. 20(1), pages 141-153, July.
    2. French, Kenneth R & McCormick, Robert E, 1984. "Sealed Bids, Sunk Costs, and the Process of Competition," The Journal of Business, University of Chicago Press, vol. 57(4), pages 417-441, October.
    3. Kane, Edward J, 1990. "Principal-Agent Problems in S&L Salvage," Journal of Finance, American Finance Association, vol. 45(3), pages 755-764, July.
    4. Sushka, Marie E. & Bendeck, Yvette, 1988. "Bank acquisition and stockholders' wealth," Journal of Banking & Finance, Elsevier, vol. 12(4), pages 551-562, December.
    5. Barth, James R & Bartholomew, Philip F & Bradley, Michael, 1990. "Determinants of Thrift Institution Resolution Costs," Journal of Finance, American Finance Association, vol. 45(3), pages 731-754, July.
    6. Rebel A. Cole & Robert A. Eisenbeis & Joseph A. McKenzie, 1993. "Asymmetric-information and principal-agent problems as sources of value in FSLIC-assisted acquisitions of insolvent thrifts," Finance and Economics Discussion Series 93-35, Board of Governors of the Federal Reserve System (U.S.).
    7. Baibirer, Sheldon D. & Jud, G. Donald & Lindahl, Frederick W., 1992. "Regulation, competition, and abnormal returns in the market for failed thrifts," Journal of Financial Economics, Elsevier, vol. 31(1), pages 107-131.
    8. Gupta, Atul & LeCompte, Richard L. B. & Misra, Lalatendu, 1993. "FSLIC assistance and the wealth effects of savings and loan acquisitions," Journal of Monetary Economics, Elsevier, vol. 31(1), pages 117-128, February.
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    Cited by:

    1. Mark M. Spiegel, 2001. "The disposition of failed bank assets: put guarantees or loss-sharing arrangements?," Working Paper Series 2001-12, Federal Reserve Bank of San Francisco.
    2. Mark M. Spiegel, 2002. "The disposition of failed Japanese bank assets: lessons from the U.S. savings and loan crisis," Economic Review, Federal Reserve Bank of San Francisco, pages 1-15.
    3. Loveland, Robert, 2016. "How prompt was regulatory corrective action during the financial crisis?," Journal of Financial Stability, Elsevier, vol. 25(C), pages 16-36.
    4. Gupta, Atul & Misra, Lalatendu, 2002. "Regulatory learning in failed thrift auctions," Journal of Banking & Finance, Elsevier, vol. 26(4), pages 651-669, April.

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