NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Social Security Wealth: The Impact of Alternative Inflation Adjustments

Martin Feldstein, Anthony J. Pellechio

NBER Working Paper No. 212 (Also Reprint No. r0040)
Issued in November 1977
NBER Program(s):, PE

The distribution of wealth is one of the most important and least studied features of our economic life. A lack of good data on household wealth is the primary reason for the inadequate attention to this subject. Moreover, the evidence that is available from household surveys and estate records excludes the most important asset of the vast majority of households: the value of future social security benefits. The purpose of the current paper is to present evidence on the distribution of social security wealth and to use these estimates to analyze the impact of alternative methods of adjusting future benefits for changes in the price level.

download in pdf format
   (253 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w0212

Published: Feldstein, Martin S. and Pellechio, Anthony. "Social Security Wealth: The Impact of Alternative Inflation Adjustments." Financial Social Security, edited by Colin D. Campbell, pp. 91-117. Washington, D.C.: American Enterprise Institute for Research, 1979.

Users who downloaded this paper also downloaded* these:
Gustman, Mitchell, Samwick, and Steinmeier w5912 Pension and Social Security Wealth in the Health and Retirement Study
Feldstein and Liebman w8451 Social Security
Feldstein w0334 The Effect of Social Security on Saving
Abramovitz Chronology of Long Swings in the Level of Construction Activity
Campbell w1626 Stock Returns and the Term Structure
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us