New Models to Deliver Social Impact
A concise introduction to the “pay for success” model with resource links for additional study.
American Economic Review
We analyze two noncontributory Mexican pension programs for the elderly. Both paid similar amounts, but one paid monthly while the other paid every two months. The Life Cycle Hypothesis suggests frequency of benefits payments should not affect consumption smoothing, but … Continue reading
Do hybrid firms out-provide traditional business structures? An examination of prosocial behavior in North Carolina firms
USC Price Center for Social Innovation
Hybrid organizations are organizations that employ a for-profit model with a social mission. In recent years, there has been a push to create formal legal designations that protect the organization’s social mission while allowing it to access investment capital and … Continue reading
A concise introduction to the concept of “collective impact” with two examples of significant initiatives in Los Angeles.
The Journal of the Economics of Ageing
Aging populations and the prevalence of poverty in old age have led to the introduction of noncontributory pensions in many countries. We consider a number of alternative targeting approaches and simulate their effects in an empirical application in the State … Continue reading