Deposit insurance, regulation, and moral hazard in the thrift industry: evidence from the 1930's

Article Abstract:

The risk-taking behaviors of insured and uninsured savings and loan associations under different levels of regulation in the 1930s were studied. Uninsured thrifts took more risks than those that had become insured recently, but moral hazard became apparent gradually. Insured thrifts that were highly regulated took fewer risks than those that were less regulated. This implies that the stability of thrifts under the deposit insurance system of the 1990s depends on effective systems of regulation and supervision.

Risk (Economics), Savings and loan associations, Industry regulations, Government regulation of business, Trade regulation, Deposit insurance, 1930s (Decade) AD

---

Effects of air quality regulation

Article Abstract:

The impact of air quality regulation to control ozone depletion on economic activity is investigated. Regulatory activity varies by county attainment status and state attitudes. A change from attainment to nonattainment status initiates more local regulatory activity which leads to air quality improvement and the termination of polluting factories. Polluting companies change location, moving from the polluted to the less polluted areas.

Air Pollution Control, Waste Management and Remediation Services, Environmental aspects, Environmental policy, Industry, Industries, Air quality management

---

Rent regulation and housing-market dynamics

Article Abstract:

The impact of rent regulation on the market for rental housing was studied. Data from the New York City Housing and Vacancy Survey were used to analyze the values of three variables: vacancy, turnover and the expected duration of vacancy. The results indicated that rent regulation did not affect the probability of vacancy in a housing unit, but it did decrease the inflow into vacancy.

Analysis, Housing research, Rent control

Similar abstracts:

• Abstracts: Ideas versus rival human capital: industry evidence on growth models. Identification and the narrative approach: a reply to Leeper
• Abstracts: Double-sided moral hazard and the nature of share contracts. The choice of cooperative strategies in sealed bid auctions
• Abstracts: Cost functions and cost efficiency in electricity distribution: a stochastic frontier approach. Is more information a good thing? Bias nonmonotonicity in stochastic difference equations
• Abstracts: Intertemporal dimensions of international economic adjustment: evidence from the Franco-Prussian war indemnity
• Abstracts: Approaches for estimating noncompliance: examples from federal taxation in the United States. Anatomy of an experimental political stock market

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.