Munich Personal RePEc Archive

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.


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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.

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