Patrick J. Purcell
Social Security Administration
33 Papers
173 Citations
Patrick J. Purcell is an academic researcher from Social Security Administration. The author has contributed to research in topics: Social security & Earnings. The author has an hindex of 10, co-authored 33 publications.
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Papers
How do the changing labor supply behavior and marriage patterns of women affect Social Security replacement rates
April Yanyuan Wu,Nadia S. Karamcheva,Nadia S. Karamcheva,Nadia S. Karamcheva,Alicia H. Munnell,Patrick J. Purcell +5 more
TL;DR: In this article, the impact of the changing lives of women on Social Security replacement rates was studied and it was shown that increased labor force participation and earnings of women explain more than one third of the change in replacement rates.
•Posted Content
Shifting Income Sources of the Aged
TL;DR: It is concluded that Census Bureau's Current Population Survey (CPS), one of the primary sources of income data, greatly underreports distributions from DC plans and IRAs, posing an increasing problem for measuring retirement income in the future.
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•Journal Article
Shifting income sources of the aged.
TL;DR: In this article, the authors conclude that the Census Bureau's Current Population Survey (CPS) greatly underreported distributions from tax-qualified defined contribution (DC) plans and IRAs, posing an increasing problem for measuring retirement income in the future.
20
•Posted Content
The Relationship between Job Characteristics and Retirement Savings in Defined Contribution Plans During the 2007-2009 Recession
TL;DR: In this article, the authors examined how DC participants' industry and employer characteristics relate to the prevalence of reduced retirement account contributions in a time of severe recession (2007-2009) and found that job-related factors, most notably a decline in real earnings, were linked to declines in participants' contributions to defined contribution retirement plans during the recession of 2007-2009; employer size, occupation, and industry specific employment losses, among other characteristics, were also associated with changes in retirement plan contributions.
15
•Posted Content
The Impact of Retirement Account Distributions on Measures of Family Income
TL;DR: It is found that about one-fifth of aged families received distributions from retirement accounts in 2009, which would be about 15 percent higher and median income would be 18 percent higher if those distributions were included in the SIPP summary measure of family income.
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