Current Awareness in Aging Research (CAAR) Report #497 -- July 23, 2009

CAAR (Current Awareness in Aging Research) is a weekly email report produced by the Center for Demography of Health and Aging at the University of Wisconsin-Madison that helps researchers keep up to date with the latest developments in the field. For more information, including an archive of back issues and subscription information see:

http://www.ssc.wisc.edu/cdha/caar.html

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I. Data:

1. HEALTH AND RETIREMENT SURVEY: The University of Michigan, Institute for Social Research HRS has announced the latest release of "Imputations for Employer-Sponsored Pension Wealth from Current Jobs in 2004 (V1.0)." (Jul. 22, 2009). For more information see:

http://hrsonline.isr.umich.edu/news/index.php?p=shownews3x1&hfyle=news266

Data access:

http://hrsonline.isr.umich.edu/index.php?p=data

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2. CENSUS BUREAU: On July 16, 2009, the Census Bureau announced an update to the "USA Counties" online database. "New and revised data items include 2008 age, sex, race and Hispanic origin; 2006 births, deaths and infant deaths; 2007 Census of Agriculture; 2008 civilian labor force; 2007 personal income and earnings; 2007 total employment by industry; and 2008 building permits." Note: The press release provides a link to the USA Counties database.

http://www.census.gov/Press-Release/www/releases/archives/miscellaneous/013994.html

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3. NATIONAL CENTER FOR HEALTH STATISTICS: "2007 National Home Health Aide Survey," (July 2009, data in ASCII and SAS format, documentation in .pdf format, SAS programming statements are available, SPSS and Stata programming statement will be coming soon).

http://www.cdc.gov/nchs/nhhas.htm

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4. WISCONSIN DEPARTMENT OF HEALTH SERVICES: DHS has updated Life Expectancy Tables for Wisconsin with death rate data through 2007. To view the tables, go to:

http://dhs.wisconsin.gov/stats/lifeexpectancy.htm

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II. Reports and articles:

5. US CENSUS BUREAU REPORT: "An Aging World: 2008," by Kevin Kinsella and Wan He (P95/09-1, June 2009, .pdf format, 191p.).

http://www.census.gov/prod/2009pubs/p95-09-1.pdf

Related NIA Press Release:

http://www.nia.nih.gov/NewsAndEvents/PressReleases/20090720global.htm

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6. US SOCIAL SECURITY ADMINISTRATION, OFFICE OF POLICY VARIOUS:

A. "Annual Statistical Report on the Social Security Disability Insurance Program, 2008," (July 2009, .pdf and Excel format, 173p.).

http://www.socialsecurity.gov/policy/docs/statcomps/di_asr/2008/index.html

B. "SSI Monthly Statistics," (June 2009, HTML and .pdf format).

http://www.ssa.gov/policy/docs/statcomps/ssi_monthly/2009-06/index.html

C. "Access Restrictions and Confidentiality Protections in the Health and Retirement Study," by Lionel P. Deang and Paul S. Davies (Research and Statistics Note No. 2009-01, July 2009, .pdf and HTML format, 9p.).

HTML:

http://www.ssa.gov/policy/docs/rsnotes/rsn2009-01.html

PDF:

http://www.ssa.gov/policy/docs/rsnotes/rsn2009-01.pdf

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7. US GOVERNMENT ACCOUNTABILITY OFFICE CORRESPONDENCE: "Improper Payments: Responses to Posthearing Questions Related to Eliminating Waste and Fraud in Medicare and Medicaid," (GAO-09-838R, July 20, 2009, .pdf format, 10p.).

http://www.gao.gov/products/GAO-09-838R

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8. NATIONAL CENTER FOR HEALTH STATISTICS REPORT: "Aging Differently: Physical Limitations Among Adults Aged 50 years and Over: United States, 2001-2007," by Julia Holmes, Eve Powell-Griner, Margaret Lethbridge-Cejku, and Kathleen Heyman (Data Brief No. 20, July 2009, .pdf and HTML format, 8p.).

http://www.cdc.gov/nchs/data/databriefs/db20.htm

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9. CONGRESSIONAL RESEARCH SERVICE REPORT: "401(k) Plans and Retirement Savings: Issues for Congress," by Patrick Purcell and John J. Topoleski (R40707, July 2009, .pdf format, 28p.).

http://opencrs.com/document/R40707/

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10. DEPARTMENT OF SOCIAL AND FAMILY AFFAIRS/AN ROINN GNOTHAI SOISIALACHA AGUS TEAGHLAIGH [IRELAND] REPORT: "Green Paper on Pensions," (July 2009, .pdf format, 254p.).

http://www.pensionsgreenpaper.ie/publications_greenpaper.html

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11. AUSTRALIAN DEPARTMENT OF HEALTH AND AGEING PRESS RELEASE: "$43.8 Million Package to Train More Than 8000 Aged Care Workers," (July 23, 2009, .pdf and HTML format, 2p.).

http://www.health.gov.au/internet/ministers/publishing.nsf/Content/mr-yr09-je-je092.htm

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12. PENSIONS INSTITUTE, CASS BUSINESS SCHOOL, CITY UNIVERSITY [LONDON, UK] REPORT: "Increasing Longevity and the Economic Value of Healthy Ageing and Working Longer," by Les Mayhew (July 2009, .pdf format, 69p.).

http://www.pensions-institute.org/reports/increasinglongevity_report.pdf

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13. CENTER FOR RETIREMENT RESEARCH AT BOSTON COLLEGE ISSUE BRIEF: "Should You Carry a Mortgage into Retirement?" by Anthony Webb (IB No. 9-15, July 2009, .pdf format, 5p.).

http://crr.bc.edu/briefs/should_you_carry_a_mortgage_into_retirement_.html

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14. KAISER FAMILY FOUNDATION REPORT: "Strategies for Simplifying the Medicare Advantage Market," by Marsha Gold (July 2009, .pdf format, 42p.).

http://www.kff.org/medicare/7935a.cfm

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15. SLOAN CENTER ON AGING AND WORK AT BOSTON COLLEGE REPORT: "Phased Retirement," by Chantel Sheaks, Marcie Pitt-Catsouphes, & Michael A. Smyer (July 2009, .pdf format, 10p.).

http://agingandwork.bc.edu/documents/PhasedRetirement08-07.pdf

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16. FAMILY CAREGIVER ALLIANCE PERIODICAL: Caregiving PolicyDigest (Vol. 9, No. 15, July 22, 2009).

http://www.caregiver.org/caregiver/jsp/content_node.jsp?nodeid=467

More information about FCA:

http://www.caregiver.org/caregiver/jsp/content_node.jsp?nodeid=509

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17. PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES ARTICLE ABSTRACTS:

A. "Dynamics of locking of peptides onto growing amyloid fibrils," by Govardhan Reddya, John E. Straubb and D. Thirumalai (Vol. 106, No. 29, July 21, 2009, p. 11948-11953).

http://www.pnas.org/content/106/29/11948.abstract

B. "Neuroprotective natural antibodies to assemblies of amyloidogenic peptides decrease with normal aging and advancing Alzheimer's disease," by M. Britschgi, C. E. Olin, H. T. Johns, Y. Takeda-Uchimura, M. C. LeMieux, K. Rufibach, J. Rajadas, H. Zhang, B. Tomooka, W. H. Robinson, C. M. Clark, A. M. Fagan, D. R. Galasko, D. M. Holtzman, M. Jutel, J. A. Kaye, C. A. Lemere, J. Leszek, G. Li, E. R. Peskind, J. F. Quinn, J. A. Yesavage, J. A. Ghiso, and T. Wyss-Coray (Vol. 106, No. 29, July 21, 2009, p. 12145-12150).

http://www.pnas.org/content/106/29/12145.abstract

C. "Inhibition of prostate cancer cell growth by second-site androgen receptor antagonists," by James D. Joseph, Bryan M. Wittmann, Mary A. Dwyer, Huaxia Cui, Delita A. Dye, Donald P. McDonnell, and John D. Norris (Vol. 106, No. 29, July 21, 2009, p. 12178-12183).

http://www.pnas.org/content/106/29/12178.abstract

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18. PUBLIC LIBRARY OF SCIENCE (PLoS) ONE ARTICLES:

A. "Longitudinal Study of CSF Biomarkers in Patients with Alzheimer's Disease," by Peder Buchhave, Kaj Blennow, Henrik Zetterberg, Erik Stomrud, Elisabet Londos, Niels Andreasen, Lennart Minthon, and Oskar Hansson (PLoS ONE 4(7): e6294. doi:10.1371/journal.pone.0006294, XML, HTML, and .pdf format, 5p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0006294

B. "Humanin: A Novel Central Regulator of Peripheral Insulin Action," by Radhika H. Muzumdar, Derek M. Huffman, Gil Atzmon, Christoph Buettner, Laura J. Cobb, Sigal Fishman, Temuri Budagov, Lingguang Cui, Francine H. Einstein, Aruna Poduval, David Hwang, Nir Barzilai, and Pinchas Cohen (PLoS ONE 4(7): e6334. doi:10.1371/journal.pone.0006334, XML, HTML, and .pdf format, 11p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0006334

C. "The Excitotoxin Quinolinic Acid Induces Tau Phosphorylation in Human Neurons," by Abdur Rahman, Kaka Ting, Karen M. Cullen, Nady Braidy, Bruce J. Brew, Gilles J. Guillemin (PLoS ONE 4(7): e6344. doi:10.1371/journal.pone.0006344, XML, HTML, and .pdf format, 15p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0006344

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19. JOURNAL OF THE AMERICAN MEDICAL ASSOCIATION ARTICLE ABSTRACT: "CSF Biomarkers and Incipient Alzheimer Disease in Patients With Mild Cognitive Impairment," by Niklas Mattsson, Henrik Zetterberg, Oskar Hansson, Niels Andreasen, Lucilla Parnetti; Michael Jonsson, Sanna-Kaisa Herukka, Wiesje M. van der Flier, Marinus A. Blankenstein, Michael Ewers, Kenneth Rich, Elmar Kaiser, Marcel Verbeek, Magda Tsolaki, Ezra Mulugeta, Erik Rosen, Dag Aarsland, Pieter Jelle Visser, Johannes Schroder, Jan Marcusson, Mony de Leon; Harald Hampel, Philip Scheltens, Tuula Pirttila, Anders Wallin, Maria Eriksdotter Jonhagen, Lennart Minthon, Bengt Winblad, and Kaj Blennow (Vol. 302, No. 4, July 22, 2009 p. 385-393).

http://jama.ama-assn.org/cgi/content/abstract/302/4/385?etoc

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20. NEW ENGLAND JOURNAL OF MEDICINE REPORT EXTRACT: "Medicare Part D Update - Lessons Learned and Unfinished Business," by Patricia Neuman and Juliette Cubanski (Vol. 361, No. 4, July 23, 2009, p. 406-414).

http://content.nejm.org/cgi/content/extract/361/4/406

Full-text of this article is available via Kaiser Family Foundation:

http://www.kff.org/medicare/med072309oth.cfm

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21. IN THESE TIMES ARTICLE: "Granny Get Your Gun: Is America on the verge of a geriatric crime wave?" by Nathan Comp (August 2009).

http://www.inthesetimes.com/article/4560/granny_get_your_gun/

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III. Working Papers:

22. NATIONAL BUREAU OF ECONOMIC RESEARCH:

A. "Market Valuation of Accrued Social Security Benefits," by John Geanakoplos and Stephen P. Zeldes (w15170, July 2009, .pdf format, 21p.).

Abstract:

One measure of the health of the Social Security system is the difference between the market value of the trust fund and the present value of benefits accrued to date. How should present values be computed for this calculation in light of future uncertainties? We think it is important to use market value. Since claims on accrued benefits are not currently traded in financial markets, we cannot directly observe a market value. In this paper, we use a model to estimate what the market price for these claims would be if they were traded.

In valuing such claims, the key issue is properly adjusting for risk. The traditional actuarial approach - the approach currently used by the Social Security Administration in generating its most widely cited numbers - ignores risk and instead simply discounts "expected" future flows back to the present using a risk-free rate. If benefits are risky and this risk is priced by the market, then actuarial estimates will differ from market value. Effectively, market valuation uses a discount rate that incorporates a risk premium.

Developing the proper adjustment for risk requires a careful examination of the stream of future benefits. The U.S. Social Security system is "wage-indexed": future benefits depend directly on future realizations of the economy-wide average wage index. We assume that there is a positive long-run correlation between average labor earnings and the stock market. We then use derivative pricing methods standard in the finance literature to compute the market price of individual claims on future benefits, which depend on age and macro state variables. Finally, we aggregate the market value of benefits across all cohorts to arrive at an overall value of accrued benefits.

We find that the difference between market valuation and "actuarial" valuation is large, especially when valuing the benefits of younger cohorts. Overall, the market value of accrued benefits is only 4/5 of that implied by the actuarial approach. Ignoring cohorts over age 60 (for whom the valuations are the same), market value is only 70% as large as that implied by the actuarial approach.

http://papers.nber.org/papers/w15170

B. "Selection Stories: Understanding Movement Across Health Plans," by David M. Cutler, Bryan Lincoln, and Richard J. Zeckhauser (w15164, July 2009, .pdf format, 23p.).

Abstract:

This study assesses the factors influencing the movement of people across health plans. We distinguish three types of cost-related transitions: adverse selection, the movement of the less healthy to more generous plans; adverse retention, the tendency for people to stay where they are when they get sick; and aging in place, where lack of all movement makes plans with initially older enrollees increase in cost over time. Using data from the Group Insurance Commission in Massachusetts, we show that aging in place and adverse selection are both quantitatively important. Each can materially impact equilibrium enrollments, especially when premiums to enrollees reflect these costs.

http://papers.nber.org/papers/w15164

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23. ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT: "Investment Regulations and Defined Contribution Pensions," by Pablo Antolin, Sandra Blome, David Karim, Sthanie Payet, Jordy Peek, Gerhard Scheuenstuhl, and Juan Yermo (OECD Working Paper on Insurance and Private Pensions, July 2009, .pdf format, 36p.).

http://www.oecd.org/dataoecd/38/15/43347646.pdf

Summary:

http://www.oecd.org/document/57/0,3343,en_2649_34853_43347705_1_1_1_1,00.html

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24. PENSIONS INSTITUTE, CASS BUSINESS SCHOOL, CITY UNIVERSITY [LONDON, UK]: "Barriers to Increased Effectiveness of Investment by Pension Funds in Poland," by Filip Chybalski (Discussion Paper PI-0910, July 2009, .pdf format, 19p.).

Abstract:

http://www.pensions-institute.org/workingpapers/wp0910.htm

Full-text:

http://www.pensions-institute.org/workingpapers/wp0910.pdf

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25. CENTER FOR ECONOMIC STUDIES/Ifo INSTITUTE FOR ECONOMIC RESEARCH (CESifo) [UNIVERSITY OF BONN, GERMANY]: "Annuity Market Imperfection, Retirement and Economic Growth," by Ben J. Heijdra and Jochen O. Mierau (CESifo Working Paper No. 2717, July 2009, .pdf format, 41p.). Links to the abstract and full-text can be found at:

http://www.cesifo-group.de/portal/page/portal/ifoHome/b-publ/b3publwp/_wp_abstract?p_file_id=16886

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IV. Journal Tables of Contents (check your library for availability):

26. Aging and Mental Health (Vol. 13, No. 4, 2009).

http://www.informaworld.com/smpp/title~content=t713404778~db=all/title~db=all~content=g913326101

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27. AMEDEO MEDICAL LITERATURE: Note: "AMEDEO has been created to serve the needs of healthcare professionals, including physicians, nurses, pharmacists, administrators, other members of the health professions, and patients and their friends. They can easily access timely, relevant information within their respective fields... All AMEDEO services are free of charge. This policy was made possible thanks to generous unrestricted educational grants provided by AMGEN, Berlex, Eisai, Glaxo Wellcome, Novartis, Pfizer, Roche, and Schering AG."

A. Osteoporosis: Literature for the week of July 20, 2009:

http://www.amedeo.com/medicine/ost.htm

B. Alzheimer's Disease: Literature for the week of July 20, 2009:

http://www.amedeo.com/medicine/ad.htm

C. Parkinson's Disease: Literature for the week of July 20, 2009:

http://www.amedeo.com/medicine/pd.htm

D. Prostate Cancer: Literature for the week of July 20, 2009:

http://www.amedeo.com/medicine/prc.htm

E. Stem Cell Research: Literature for the week of July 20, 2009:

http://www.amedeo.com/medicine/stc.htm

F. Ophthalmology: Literature for the week of July 20, 2009:

http://www.amedeo.com/medicine/eye.htm

AMEDEO Literature Guide:

http://www.amedeo.com/index.htm

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V. Funding Opportunities:

28. US NATIONAL INSTITUTES OF HEALTH:

A. "Awards to Support Research on the Biology of Aging in Invertebrates (R01)," (RFA-AG-10-004, National Institute on Aging, July 17, 2009).

http://grants.nih.gov/grants/guide/rfa-files/RFA-AG-10-004.html

B. "Building Interdisciplinary Research Careers in Women's Health (K12)," (RFA-OD-09-006, this is a re-issue of RFA-OD-06-004, National Institute on Aging, in conjunction with other agencies, July 17, 2009).

http://grants.nih.gov/grants/guide/rfa-files/RFA-OD-09-006.html

C. "Improving Diet and Physical Activity Assessment (R21)," (PAR-09-225, this is a reissue of PAR-06-103, National Institute on Aging, in conjunction with other agencies, July 17, 2009).

http://grants.nih.gov/grants/guide/pa-files/PAR-09-225.html

D. "The Human Connectome Project (U54)," (RFA-MH-10-020, National Institute on Aging, in conjunction with other agencies, July 15, 2009).

http://grants.nih.gov/grants/guide/rfa-files/RFA-MH-10-020.html

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VI. Conferences:

29. PANEL STUDY OF INCOME DYNAMICS: The PSID project (Institute for Social Research, University of Michigan) has issued a "Call for Papers: Research on Connections between Health and SES Using PSID Data." "The Panel Study of Income Dynamics (PSID), with support from the National Institute on Aging, announces a call for papers using PSID data to conduct research on the connection between health and socioeconomic status within and across generations." The deadline for application is October 16, 2009.

http://psidonline.isr.umich.edu/Publications/CallforPapersFinal.pdf

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VII. Websites of Interest:

30. US CENTER FOR MEDICARE AND MEDICAID SERVICES MEDICARE.GOV UPDATES: The following Medicare.gov site was updated Jul. 23, 2009: "Nursing Home Compare."

http://www.medicare.gov/Updates.asp

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31. UK DEPARTMENT OF HEALTH: "Prevention package for older people," (July 2009). This is a series of guides designed to promote better health for older adults.

http://www.dh.gov.uk/en/Publicationsandstatistics/Publications/PublicationsPolicyAndGuidance/DH_103146

Thanks,

Charlie

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Charlie Fiss
Information Manager
Data and Information Services Center
Rm. 3329 Social Science Bldg
1180 Observatory Drive
Madison, WI 53706-1393
Phone: (608) 265-9240
Fax: (608) 262-8400
Email: fiss@ssc.wisc.edu

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