1. Moral Hazard, portfolio allocation, and asset returns for thrift institutions

   • Joseph A. Mckenzie
   • Rebel A. Cole
   • Richard A. Brown

   OriginalPaper Pages: 315 - 339

2. Cointegration and causal relations in mortgage and capital markets

   • Mike Devaney
   • Karen Pickerill
   • Fred Krause

   OriginalPaper Pages: 341 - 353

3. Corporate capital and government guarantees

   • Edward J. Kane

   Policy Analysis Section Pages: 357 - 368

4. The purpose of capital for institutions with government-insured deposits

   • George J. Benston

   Policy Analysis Section Pages: 369 - 384

5. Capital in banking: Past, present and future

   • George G. Kaufman

   Policy Analysis Section Pages: 385 - 402