The Continued Interest Rate Vulnerability of Thrifts
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The 1980s S&L debacle is generally viewed as the result of: (1) sharply rising interest rates eliminating the net worth of thrifts funding fixed-rate loans with short-term deposits and (2) thrifts responding by taking even greater interest-rate and credit risks. The question investigated in this
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美国国家经济研究局创建时间：
1990-08-01
