The Distributional Effects of an Investment-Based Social Security System

Martin S. Feldstein and Jeffrey B. Liebman, The Distributional Aspects of Social Security and Social Security Reform (University of Chicago Press, 2002), chap. 8, https://www.nber.org/books-and-chapters/distributional-aspects-social-security-and-social-security-reform/distributional-effects-investment-based-social-security-system.