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Income Contingent Loans: Some General Theoretical Considerations, with Applications
Income-contingent loan programs run by governments represent an important social innovation, an improvement over previous mechanisms for funding investment such as education and now showing its merits in a host of other arenas. This paper, and the other papers presented in this session, lay out the theory of income-contingent loans and describe experiences with this type of program in education and other areas.
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Also Published In
- Title
- Contemporary Issues in Microeconomics
- Publisher
- Palgrave Macmillan
- DOI
- https://doi.org/10.1057/9781137529718_7
More About This Work
- Academic Units
- Economics
- Published Here
- April 15, 2019
Notes
Also published in IEA Conference Volume, No. 155-III