NBER Digest Reports on AMC's and Vaccine Development

The NBER Digest reports on a study by Professor Christopher Snyder and co-authors Michael Kremer and Jonathan D. Levin. Their working paper Advance Market Commitments: Insights from Theory and Experience reviews the economic logic behind AMCs and describes a pilot AMC supporting the development and distribution of a pneumococcal conjugate vaccine (PCV).

Read the NBER article here.