Do Deficits Affect the Level of Insurance: Note
这篇注释指出,创造赤字并不会提高风险分担水平;在平衡预算或盈余下同样可以实现一定程度的保险,赤字并非降低风险的更优手段。
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.