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

18 Pages Posted: 27 Feb 2001 Last revised: 27 Aug 2010

See all articles by Martin S. Feldstein

Martin S. Feldstein

National Bureau of Economic Research (NBER) (deceased); Harvard University (deceased)

Date Written: August 1982

Abstract

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.

Suggested Citation

Feldstein, Martin S., The Welfare Cost of Social Security's Impact on Private Saving (August 1982). NBER Working Paper No. w0969, Available at SSRN: https://ssrn.com/abstract=247712

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