The cost of buying time: lessons from the thrift debacle

James Thomson

Economic Commentary, 1993, issue Jan

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.

Keywords: Savings; and; loan; associations (search for similar items in EconPapers)
Date: 1993
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