Social Security and Saving : New Time Series Evidence

  title={Social Security and Saving : New Time Series Evidence},
  author={Martin S. Feldstein}
This paper reexamines the results of my 1974 paper on Social Security and saving with the help of an additional 21 years of data. The estimates presented here reconfirm that each dollar of Social Security wealth (SSW) reduces private saving by between two and three cents. The parameter estimates for the postwar period and for the entire sample since 1930 are very similar. The correction of the error in the original SSW series between 1958– 1971 therefore does not significantly affect the… CONTINUE READING
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Inflation , Tax Rules and Investment : Some Econometric Evidence . ” The 1980 Fisher – Schultz Lecture of the Econometric Society

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  • Econometrica 50 No .
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Highly Influential
8 Excerpts

The Missing Piece in Policy Analysis: Social Security Reform.

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Social Security and Private Saving: New Time Series Evidence.

  • Leimer, Dean, Selig Lesnoy
  • Journal of Political Economy
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Social Security and Private Saving: Reply.

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  • 1982

Inflation, Tax Rules and Investment: Some Econometric Evidence.

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The Effect of Social Security on Saving: Review of Studies Using Time-Series Data.

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The Impact of Social Security on Private Saving

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  • 1978

Social Security, Induced Retirement and Aggregate Capital Accumulation.

  • Feldstein, Martin
  • Journal of Political Economy
  • 1974

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