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Impact of select variables on thrift institution profit rates, 1965-1991

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  • Richard Cebula

Abstract

Using semi-annual data, this study empirically finds that, over the 1965-91 period, the rate of return on thrift (S&L) assets is an increasing function of the S&L mortgage rate, the tangible capital/asset ratio, and energy prices, whereas it is a decreasing function of the cost of deposits and Tax Reform Act of 1986 provisions.

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  • Richard Cebula, 1998. "Impact of select variables on thrift institution profit rates, 1965-1991," Applied Economics Letters, Taylor & Francis Journals, vol. 5(10), pages 635-638.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:10:p:635-638
    DOI: 10.1080/135048598354311
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    1. James R. Barth, 1991. "The Great Savings and Loan Debacle," Books, American Enterprise Institute, number 918256, September.
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