THE RATE OF RETURN ON SAVINGS AND LOAN ASSETS

Abstract

Using Cointegration Tests, Granger‐Causality Tests, and OLS, this study empirically investigates the determinants of the rate of return on savings and loan assets over the 1965–1991 period. It is found that it is determined by the mortgage rate, the capital/asset ratio, the price of imported crude oil, the cost of deposits, and the ceiling on federal deposit insurance.

Citation

Cebula, R.J. (1997), "THE RATE OF RETURN ON SAVINGS AND LOAN ASSETS", Studies in Economics and Finance, Vol. 17 No. 2, pp. 3-24. https://doi.org/10.1108/eb028729