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The cost of buying time: lessons from the thrift debacle

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  • James B. Thomson

Abstract

An argument that capital forbearance for thrifts in the 1980s was at best a misguided policy whose costs will have long-term consequences for the health of both the nation's depositories and the overall economy.

Suggested Citation

  • James B. Thomson, 1993. "The cost of buying time: lessons from the thrift debacle," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jan.
    • Handle: RePEc:fip:fedcec:y:1993:i:jan1
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    References listed on IDEAS

    as
    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.
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    Cited by:

    1. Jerry L. Jordan, 1994. "A Market Approach to Banking Regulation," Cato Journal, Cato Journal, Cato Institute, vol. 13(3), pages 315-337, Winter.

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    Keywords

    Savings and loan associations;

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