The aim of the paper is to analyze the development of the Estonian credit and saving market, especially considering the sector of households and non-financial corporations, in order to reveal the potential of saving and loan association (SLA) to enhance the economic and social development...

An empirical analysis of a sample of publicly-traded thrifts demonstrates that there is little evidence that the supervisory goodwill “asset” conferred on thrifts by regulators in the late-1970s and 19080s possessed meaningful economic value in 1989 when, pursuant to the Financial...