The Rate of Return on Savings and Loan Assets

Cebula, Richard (1996): The Rate of Return on Savings and Loan Assets. Published in: Studies in Economics and Finance , Vol. 17, No. 2 (25 April 1997): pp. 3-24.

Abstract

Using Co-integration 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.

• Item Type: MPRA Paper
• Language: English
• Keywords: rate of return; savings and loan assets; mortgage rate; crude oil prices; cost of deposits; deposit insurance
• Subjects: E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy; G - Financial Economics > G1 - General Financial Markets > G12 - Asset Pricing ; Trading Volume ; Bond Interest Rates; G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions ; Financial Instruments ; Institutional Investors; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M2 - Business Economics > M21 - Business Economics

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