Abstract
This brief note applies Granger causality testing to the issue of whether federal deposit insurance has caused S&L failures. The findings strongly indicate that federal deposit insurance has Granger-caused S&L failures over the 1934–1991 period.
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Reichert, U.N. A brief note examining the impact of federal deposit insurance on savings and loan failures using granger causality tests. J Econ Finance 21, 61–64 (1997). https://doi.org/10.1007/BF02929039
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DOI: https://doi.org/10.1007/BF02929039