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来源类型Working Paper
规范类型报告
DOI10.3386/w18991
来源IDWorking 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
URLhttps://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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