2014 Chapters (Layout Features)
Income Contingent Loans for the Unemployed: A Preulde to a General Theory of the Efficient Provision of Social Insurance
Income contingent loans (ICL) have mainly been discussed in the context of the finance of education. But, in fact, they are equally relevant whenever there is a simultaneous need for smoothing across states of nature and over time. This chapter explores in detail one such application, to unemployment.
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Also Published In
- Title
- Income Contingent Loans
- Publisher
- Palgrave Macmillan
- DOI
- https://doi.org/10.1057/9781137413208_17
More About This Work
- Academic Units
- Economics
- Published Here
- February 5, 2019