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Income Contingent Loans

Theory, Practice and Prospects

Income Contingent Loans by B. Chapman
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This study explores the prospect of the application of the basic principles of ICL into many other potential areas of social and economic policy. Using case studies it evaluates previously implemented ICL schemes where interest rate subsidies are usually the norm, and questions the merits of this approach.
Palgrave Macmillan UK; May 2014
280 pages; ISBN 9781137413208
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Title: Income Contingent Loans
Author: B. Chapman; Timothy Higgins; J. Stiglitz
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