NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Welfare Cost of Social Security's Impact on Private Saving

Martin Feldstein

NBER Working Paper No. 969 (Also Reprint No. r1133)
Issued in August 1982
NBER Program(s):   PE

Although there have been several studies of the effect of social security on private saving, there has been no attempt to measure the welfare cost of this distortion. The present paper develops an analytic framework for this evaluation and presents numerical calculations.

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Document Object Identifier (DOI): 10.3386/w0969

Published: Feldstein, Martin. "The Welfare Cost of Social Security's Impact on Private Saving," ed. M. Boskin, Essays in Honor of Arnold Harberger, Oxford: England, Basil Blackwell, Inc., 1987, pp. 1-13.

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