A brief note examining the impact of federal deposit insurance on savings and loan failures using granger causality tests |
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| Authors: | Usha Nair Reichert |
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| Affiliation: | (1) Department of Economics, Georgia Institute of Technology, 30332-0615 Atlanta, GA |
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| Abstract: | This brief note applies Granger causality testing to the issue of whether federal deposit insurance has caused S&L failures. The findings strongly indicate that federal deposit insurance has Granger-caused S&L failures over the 1934–1991 period. |
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