Do Deficits Affect the Level of Insurance?

Gertrud M Fremling and Lott, John R,

Journal of Money, Credit and Banking, 1994, vol. 26, issue 4, 934-40

Abstract: The authors' note shows that the level of risk-sharing is not likely to increase when a deficit is created. A certain level of insurance can as easily be accomplished under a balanced budget or under a surplus, and the creation of a deficit does not provide a superior means, and probably an inferior one, of accomplishing risk reduction. Copyright 1994 by Ohio State University Press.

Date: 1994
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