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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18991 |
来源ID | Working Paper 18991 |
Social Impact Bonds in Nonprofit Health Care: New Product or New Package? | |
Mark Pauly; Ashley Swanson | |
发表日期 | 2013-04-25 |
出版年 | 2013 |
语种 | 英语 |
摘要 | This note considers a relatively new form of financing for social services, the "Social Impact Bond." Proponents of Social Impact Bonds argue that they present a solution to several problems in funding social services, including performance measurement and the distribution of risk. Using a simple model, we demonstrate that Social Impact Bonds have many features present in standard financing arrangements. They will lead to greater program success when investors' effort can positively influence outcomes, but are unlikely to do so otherwise. We conclude that the value of this funding innovation will be strongly context-dependent. |
主题 | Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health |
URL | https://www.nber.org/papers/w18991 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576665 |
推荐引用方式 GB/T 7714 | Mark Pauly,Ashley Swanson. Social Impact Bonds in Nonprofit Health Care: New Product or New Package?. 2013. |
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