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Social Security Wealth: The Impact of Alternative Inflation Adjustments / Martin Feldstein, Anthony J. Pellechio.
- Format:
- Book
- Author/Creator:
- Feldstein, Martin.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w0212.
- NBER working paper series no. w0212
- Language:
- English
- Subjects (All):
- Social security.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Social Security Wealth
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1977.
- Cambridge, Massachusetts : National Bureau of Economic Research, 1977.
- Summary:
- 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.
- Notes:
- Print version record
- November 1977.
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