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The Elasticity of the Demand for Insurance 220
Stimulation of the Demand for Insurance 240
Regulation of Investments
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accumulated American amount annual annuities Assurance average bank reserves billion dollars borrowing capital cash balances cent of total Charles Evans Hughes common stock company investment contract contribution corporate cost decline demand for loanable depreciation reserves depressed periods depression determined dividends earnings economic effect equity factors fall Federal Reserve Federal Reserve System Furthermore future Government bonds inasmuch income increase inflation Institute of Actuaries insurance companies insurance funds insurance in force insurance industry Insurance Investment interest assumptions interest rate investors Irving Fisher John Maynard Keynes Keynes legal reserve level premium liquidity loanable funds long-term low interest rate marginal maturity ment monetary Mortality Table offset outlets panies percentage period policy loans policyholders portfolio price level problem public utility purchase rate of interest real estate Reconstruction Finance Corporation represented rising savings securities society tion total assets United Yale Law Journal yields York Zartman