TY  - JOUR
AU  - Feldstein,Martin
AU  - Pellechio,Anthony J.
TI  - Social Security Wealth: The Impact of Alternative Inflation Adjustments
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 212
PY  - 1980
Y2  - April 1980
UR  - http://www.nber.org/papers/w0212
L1  - http://www.nber.org/papers/w0212.pdf
N1  - Author contact info:
Martin S. Feldstein
President Emeritus
NBER
1050 Massachusetts Avenue
Cambridge, MA  02138-5398
Tel: 617/868-3905
Fax: 617/868-7194
E-Mail: msfeldst@nber.org

Anthony J. Pellechio
AB  - 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.
ER  -