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Inflation and Benefits under the U.S. Old Age, Survivors and Disability Insurance

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  • Neil Swan

    (Queen's University)

Abstract

The aim of this paper is to estimate under limits on the loss from inflation for a typical OASDI (Old-age,Survivors and Disability/Insurance) beneficiary and thus to show that for the majority of old-age pensioners in the United States protection against inflation is quite good. Moreover, the protection is not fortuitous, but a necessary consequence of the way benefits are set.

Suggested Citation

  • Neil Swan, 1969. "Inflation and Benefits under the U.S. Old Age, Survivors and Disability Insurance," Working Paper 7, Economics Department, Queen's University.
    • Handle: RePEc:qed:wpaper:7
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    File URL: http://qed.econ.queensu.ca/working_papers/papers/qed_wp_7.pdf
    File Function: First version 1969
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