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Assessing the Resolution of Insolvent Thrift Institutions post FIRREA: The Impact of Resolution Delays

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  • NIKHIL VARAIYA
  • DAVID ELY

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  • Nikhil Varaiya & David Ely, 1997. "Assessing the Resolution of Insolvent Thrift Institutions post FIRREA: The Impact of Resolution Delays," Journal of Financial Services Research, Springer;Western Finance Association, vol. 11(3), pages 255-282, June.
    • Handle: RePEc:kap:jfsres:v:11:y:1997:i:3:p:255-282
    DOI: 10.1023/A:1007993509169
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    References listed on IDEAS

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    1. 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.
    2. Kane, Edward J, 1990. "Principal-Agent Problems in S&L Salvage," Journal of Finance, American Finance Association, vol. 45(3), pages 755-764, July.
    3. Milgrom, Paul R & Weber, Robert J, 1982. "A Theory of Auctions and Competitive Bidding," Econometrica, Econometric Society, vol. 50(5), pages 1089-1122, September.
    4. Michael H. Rothkopf & Ronald M. Harstad, 1994. "Modeling Competitive Bidding: A Critical Essay," Management Science, INFORMS, vol. 40(3), pages 364-384, March.
    5. Kane, Edward J & Unal, Haluk, 1990. "Modeling Structural and Temporal Variation in the Market's Valuation of Banking Firms," Journal of Finance, American Finance Association, vol. 45(1), pages 113-136, March.
    6. Cochran, Bruce & Rose, Lawrence C. & Fraser, Donald R., 1995. "A market evaluation of FDIC assisted transactions," Journal of Banking & Finance, Elsevier, vol. 19(2), pages 261-279, May.
    7. 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.).
    8. James, Christopher & Wier, Peggy, 1987. "An analysis of FDIC failed bank auctions," Journal of Monetary Economics, Elsevier, vol. 20(1), pages 141-153, July.
    9. McAfee, R Preston & McMillan, John, 1987. "Auctions and Bidding," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 699-738, June.
    10. James, Christopher, 1991. "The Losses Realized in Bank Failures," Journal of Finance, American Finance Association, vol. 46(4), pages 1223-1242, September.
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    Cited by:

    1. Roy Gardner & Roger Stover, 1998. "The Role of Information in Resolution Trust Corporation Auctions of Failed Thrifts," Journal of Financial Services Research, Springer;Western Finance Association, vol. 14(3), pages 209-221, December.
    2. Christian Harm, 2002. "Bank management between shareholders and regulators," SUERF Studies, SUERF - The European Money and Finance Forum, number 21 edited by Morten Balling, May.
    3. Ely, David P. & Varaiya, Nikhil P., 1996. "Opportunity costs incurred by the RTC in cleaning up S&L insolvencies," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(3), pages 291-310.
    4. 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.

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