In this paper we compute the singular homology of the space of immersions of
the circle into the n-sphere. Equipped with Chas-Sullivan's loop product
these homology groups are graded commutative algebras, we also compute these
algebras. We enrich Morse spectral sequences for fibrations of free loop spaces
together with loop products, this offers some new computational tools for
string topology.Comment: 32 pages, 12 figure