SOCIAL FINANCE

Karan Bhanot ()
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Karan Bhanot: UTSA

Working Papers from College of Business, University of Texas at San Antonio

Abstract: This paper characterizes the optimal contract for the financing of social programs. “Social- Finance” is unique insofar that it considers the constraints of many participating agents (government, non-profits, the implementation agency and private investors), that program outcomes are apparent only over long periods in time, and that effort and expertise of the implementing agencies is private information. We illustrate the financing of programs for the remediation juvenile crime and homelessness using publicly available data.

Keywords: government; non-profits; the implementation agency and private investors (search for similar items in EconPapers)
JEL-codes: G10 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2016
New Economics Papers: this item is included in nep-mic and nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:tsa:wpaper:0160fin

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