I. Introduction -- II. So what went wrong in the 1980s? -- III. Analyzing the economic effects of the S&L losses -- IV. Estimating the economic effects of the S

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, i

An in-depth scrutiny into the American savings and loan financial crisis in the 1980s. The authors come to conclusions about the deliberate nature of this finan