The Distributional Impact of Social Security.
本文基于退休历史调查数据，估计社会保障体系中的转移支付（即预期福利现值与调整后的预期税收现值之差），并研究1970至2020年间六个队列中不同收入家庭的转移情况。
Abstract The article presents information on the working paper, The Distributional Impact of Social Security, by John B. Shoven and Michael D. Hurd. In the first part of the paper, the authors estimated transfers in the Social Security system for the Retirement History Survey sample. Transfers are the difference between the expected present value of benefits and the expected present value of taxes paid in, where the latter is adjusted for the probability of' living to retirement age. In the second part of the paper, the authors study transfers for six cohorts, whose heads are age 65 in the ten-year intervals 1970 through 2020. Twelve families are defined according to earnings levels within each cohort.