Working Paper: NBER ID: w0969
Authors: Martin Feldstein
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.
Keywords: No keywords provided
JEL Codes: No JEL codes provided
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| social security wealth (H55) | private saving (D14) |
| social security wealth (H55) | overall welfare (I31) |