Current Awareness in Aging Research (CAAR) Report #519 -- January 14, 2010

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 Health and Retirement Survey has announced the release of three data files:

- HRS Cross-Wave Master ID 2008 (Early, Version 1.0) (Dec. 18, 2009).

http://hrsonline.isr.umich.edu/news/index.php?p=shownews3x1&hfyle=news276

- HRS 2008 Exit (Early, Version 1.0) (Dec. 23, 2009).

http://hrsonline.isr.umich.edu/news/index.php?p=shownews3x1&hfyle=news277

- HRS Tracker 2008 (Early, Version 1.0) (Dec. 17, 2009).

http://hrsonline.isr.umich.edu/news/index.php?p=shownews3x1&hfyle=news275

Data access:

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

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II. Reports and articles:

2. US ADMINISTRATION ON AGING COMPENDIUM: A Profile of Older Americans: 2009 (January 2010, .pdf and Excel format, 17p.).

http://www.aoa.gov/AoARoot/Aging_Statistics/Profile/index.aspx

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3. US GOVERNMENT ACCOUNTABILITY OFFICE CORRESPONDENCE: "Social Security: Options to Protect Benefits for Vulnerable Groups When Addressing Program Solvency," (GAO-10-101R, December 2009, .pdf format, 35p.).

http://www.gao.gov/products/GAO-10-101R

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4. FEDERAL INTERAGENCY FORUM ON AGING-RELATED STATISTICS COMPENDIUM: Data Sources On Older Americans 2009 (January 2010, .pdf format, 143p.).

http://www.agingstats.gov/agingstatsdotnet/Main_Site/Data/2009_Documents/Final_DSOA2009_508.pdf

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5. US SOCIAL SECURITY ADMINISTRATION, OFFICE OF POLICY REPORT: "International Update, January 2010" (HTML and .pdf format, 3p.).

http://www.ssa.gov/policy/docs/progdesc/intl_update/2010-01/index.html

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6. US DEPARTMENT OF HEALTH AND HUMAN SERVICES, OFFICE OF THE INSPECTOR GENERAL REPORTS:

A. "Medicare Part B Services During Non-Part A Nursing Home Stays: Enteral Nutrient Pricing," (OEI-06-07-00590, January 2010, .pdf format, 24p.).

Summary:

This evaluation report presents findings based on our review of Part B enteral nutrient payments during non-Part A nursing home stays in 2006. We found that Medicare's fee schedule amounts for nutrients provided during non-Part A stays exceeded prices available to nursing home suppliers and other purchasers by more than 50 percent.

Medicare Part A covers nursing home care for up to 100 days in a skilled nursing facility (SNF). If nursing home care is still needed after the 100 days or the beneficiary did not qualify for a Part A SNF stay, Medicare Part B may provide coverage for certain medical and other health services. In these situations, the stays are termed "non-Part A nursing home stays." However, Part B does not pay for enteral nutrition therapy (ENT) during a Part A stay in a nursing home as it is covered by the daily per diem rate provided to the nursing home. To identify payments for ENT, we used resident assessment data to determine all nursing home stays nationwide during 2006. We then analyzed related Medicare claims data for any ENT payments for nutrients, supplies, and equipment during these stays.

To control Part B expenditures for ENT, we recommended that CMS take steps to adjust the Medicare fee schedule amounts for enteral nutrients to more accurately reflect supplier prices. CMS agreed with our recommendation and cited the resumption of the competitive bidding program and consideration of adjustment of the Medicare fee schedule for enteral nutrients, once sufficient data is available from the bidding process, as its opportunities to address enteral pricing concerns.

http://www.oig.hhs.gov/oei/reports/oei-06-07-00590.pdf

B. "Adverse Events in Hospitals: Public Disclosure of Information about Events," (OEI-06-09-00360, January 2010, .pdf format, 19p.).

Summary:

OIG found only limited public disclosure of information about adverse events among entities reviewed including, State adverse event reporting systems, Patient Safety Organizations (PSOs), and CMS. Publicly disclosing adverse event information can educate healthcare providers about causes of events, compel providers to correct vulnerabilities that lead to events, and assist patients in making decisions about their care. Additionally, all reviewed entities maintain policies, practices, and legal provisions to protect patient privacy.

This memorandum report is one in a series to fulfill the requirements of the Tax Relief and Health Care Act of 2006 (the Act), which requires that OIG report to Congress regarding never events among Medicare beneficiaries. The term "never events" refers to a specific list of 28 serious reportable events developed by the National Quality Forum. For the series of reports, we expand beyond never events to address "adverse events," defined as harm experienced by a patient as a result of medical care. This memorandum report examines the policies, practices, and plans for publicly disclosing information about adverse events, and protecting patient privacy, of 17 State adverse event reporting systems, 8 PSOs overseen by AHRQ, and CMS regarding its Medicare claims data. We selected these entities because many State systems have a history of collecting and analyzing adverse event data; PSOs represent a significant, recent Federal effort to collect national adverse event data; and CMS has claims data that document hospital stays of Medicare beneficiaries, a specific population of interest identified in the Act.

Among these entities, seven State systems disclosed more extensive information than other State systems. Such disclosure included analysis of the causes of adverse events, guidance for reducing future occurrences, and information about improvements made by hospitals. Another three State systems disclosed less extensive information about events. AHRQ plans to disclose information about events from PSO data once its Network of Patient Safety Databases (NPSD) is operational. However, AHRQ has not yet announced a timeline for completing the NPSD, and possible barriers to submission of adverse event information exist, including that some hospitals questioned the value of participating with a PSO. CMS is considering public disclosure of information about hospital-acquired conditions experienced by Medicare beneficiaries during hospital stays, a subset of adverse events.

The more extensive disclosure practices of seven State systems can serve as models for other entities. Although PSOs are expected to provide AHRQ with national data that can be used to improve patient safety, AHRQ will want to address barriers that could limit PSO data. Finally, CMS plans to supplement Medicare claims data have potential to generate new and useful information about hospital-acquired conditions.

http://www.oig.hhs.gov/oei/reports/oei-06-09-00360.pdf

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7. CENTERS FOR MEDICARE AND MEDICAID SERVICES MEDICARE AND MEDICAID STATISTICAL SUPPLEMENT UPDATES: The following tables were updated from Jan. 12, 2010 (all compressed and uncompressed .pdf format): "Medicare Hospices: Tables 8.1-8.3", "Medicare Home Health Agencies: Tables 7.1-7.7," and "Medicare Skilled Nursing Facilities: Tables 6.1-6.9."

http://www.cms.hhs.gov/MedicareMedicaidStatSupp/LT/list.asp?filterType=none&filterByDID=0&sortByDID=2&sortOrder=descending&intNumPerPage=10

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8. US RAILROAD RETIREMENT BOARD REPORT: "Longevity of Railroad Retirement Beneficiaries," (November 2009, .pdf format, 4p.).

http://www.rrb.gov/pdf/act/longevity.pdf

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9. US ADMINISTRATION ON AGING PERIODICAL: E-News (January 2010, .pdf format, 8p.).

http://www.aoa.gov/AoARoot/Press_Room/Enews/index.aspx

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10. STATISTICS CANADA/STATISTIQUE CANADA REPORT: "Pension Coverage, Retirement Status, and Earnings Replacement Rates Among a Cohort of Canadian Seniors," by Yuri Ostrovsky and Grant Schellenberg (Report No. 321, December 2009, .pdf and HTML format, 33p.).

http://www.statcan.gc.ca/pub/11f0019m/11f0019m2009321-eng.htm

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11. UK DEPARTMENT OF WORK AND PENSIONS REPORT: "Consultation on: Workplace Pension Reform - Completing the Picture Qualitative research with small and medium-sized companies," by Andrew Wood, Marisa Robertson and Dominika Wintersgill (Research Report No. 636, January 2010, .pdf format, 16p.).

http://research.dwp.gov.uk/asd/asd5/rports2009-2010/rrep636.pdf

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12. AUSTRALIAN DEPARTMENT OF HEALTH AND AGEING PRESS RELEASE: "Respite for Australian carers - More than $4 Million in grants," (January 2010, .pdf and HTML format, 2p.).

http://www.health.gov.au/internet/ministers/publishing.nsf/Content/mr-yr10-je-je001.htm

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13. EMPLOYEE BENEFIT RESEARCH INSTITUTE ISSUE BRIEF, PERIODICAL:

A. "Implications of Health Reform for Retiree Health Benefits," by Paul Fronstin (EBRI Issue Brief No. 338, January 2010, .pdf format, 20p.).

http://www.ebri.org/publications/ib/index.cfm?fa=ibDisp&content_id=4433

B. _EBRI Notes_ (Vol. 31, No. 1, January 2010, .pdf format, 20p.). Note: "Employee Tenure, 2008," by Craig Copeland; "Retiree Health Benefit Trends Among the Medicare-Eligible Population," by Paul Fronstin.

http://www.ebri.org/publications/notes/index.cfm?fa=notesDisp&content_id=4447

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14. URBAN INSTITUTE REPORT: "Unemployment Statistics on Older Americans (Updated 1/10)," by Richard W. Johnson and Corina Mommaerts (January 2010, .pdf format, 11p.).

http://www.urban.org/publications/411904.html

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15. AARP REPORTS:

A. "Federal and State Income Tax Incentives for Private Long-Term Care Insurance," by David Baer and Ellen O'Brien (November 2009, .pdf format, 42p.).

http://www.aarp.org/research/ppi/ltc/ltc-ins/articles/2009-19-tax-incentives.html

B. "Employer-Provided Pensions: Less to Count On," by Sandy Mackenzie and Kebin Wu (October 2009, .pdf format, 39p.).

http://www.aarp.org/research/ppi/econ-sec/pensions/articles/2009-17-pensions.html

C. "The Social Compact in the Twenty-First Century," (November 2009, .pdf format, 97p.).

http://www.aarp.org/research/ppi/econ-sec/work/articles/d19224-sc.html

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16. INVESTMENT COMPANY INSTITUTE REPORT: "Enduring Confidence in the 401(k) System: Investor Attitudes and Actions," (January 2010, .pdf format, 30p.).

http://www.ici.org/pdf/ppr_10_ret_saving.pdf

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17. AMERICAN HEALTH CARE ASSOCIATION REPORT: "A Report on Shortfalls in Medicaid Funding for Nursing Home Care," (November 2009, .pdf format, 39p.).

http://www.ahcancal.org/research_data/funding/Documents/2009%20Medicaid%20Shortfall%20Report.pdf

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18. FAMILY CAREGIVER ALLIANCE PERIODICAL: Caregiving PolicyDigest (Vol. 10, No. 1, Jan. 6, 2010).

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=349

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

A. "Homocystamides promote free-radical and oxidative damage to proteins," by Martha Sibrian-Vazquez, Jorge O. Escobedo, Soojin Lim, George K. Samoei, and Robert M. Strongin (Vol. 107, No. 2, January 12, 2010, .pdf and HTML format, p. 551-554). Note: _PNAS_ is providing open access to the full-text of this article.

http://www.pnas.org/content/107/2/551.abstract

B. "Suppression of human prostate tumor growth by a unique prostate-specific monoclonal antibody F77 targeting a glycolipid marker," by Geng Zhang, Hongtao Zhang, Qiang Wang, Priti Lal, Ann M. Carroll, Margarita de la Llera-Moya, Xiaowei Xu, and Mark I. Greene (Vol. 107, No. 2, January 12, 2010, p. 732-737).

http://www.pnas.org/content/107/2/732.abstract

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

A. "The Lipid Profile and Mortality Risk in Elderly Type 2 Diabetic Patients: A Ten-Year Follow-Up Study (ZODIAC-13)," by Kornelis J. J. van Hateren, Gijs W. D. Landman, Nanne Kleefstra, Susan J. J. Logtenberg, Klaas H. Groenier, Adriaan M. Kamper, Sebastiaan T. Houweling, and Henk J. G. Bilo (PLoS ONE 4(12): e8464. doi:10.1371/journal.pone.0008464, XML, HTML, and .pdf format, 6p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008464

B. "LDLR Expression and Localization Are Altered in Mouse and Human Cell Culture Models of Alzheimer's Disease," by Jose F. Abisambra, Tina Fiorelli, Jaya Padmanabhan, Peter Neame, Inge Wefes, and Huntington Potter (PLoS ONE 5(1): e8556. doi:10.1371/journal.pone.0008556, XML, HTML, and .pdf format, 13p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008556

C. "Acute Administration of Non-Classical Estrogen Receptor Agonists Attenuates Ischemia-Induced Hippocampal Neuron Loss in Middle-Aged Female Rats," by Diane Lebesgue, Michael Traub, Maxine De Butte-Smith, Christopher Chen, R. Suzanne Zukin, Martin J. Kelly, and Anne M. Etgen (PLoS ONE 5(1): e8642. doi:10.1371/journal.pone.0008642, XML, HTML, and .pdf format, 8p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008642

D. "Telomere Length Trajectory and Its Determinants in Persons with Coronary Artery Disease: Longitudinal Findings from the Heart and Soul Study," by Ramin Farzaneh-Far, Jue Lin, Elissa Epel, Kyle Lapham, Elizabeth Blackburn, and Mary A. Whooley (PLoS ONE 5(1): e8612. doi:10.1371/journal.pone.0008612, XML, HTML, and .pdf format, 7p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008612

E. "A New Target for Amyloid Beta Toxicity Validated by Standard and High-Throughput Electrophysiology," by Kucku Varghese, Peter Molnar, Mainak Das, Neelima Bhargava, Stephen Lambert, Mark S. Kindy, and James J. Hickman (PLoS ONE 5(1): e8643. doi:10.1371/journal.pone.0008643, XML, HTML, and .pdf format, 8p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008643

F. "Control of Alzheimer's Amyloid Beta Toxicity by the High Molecular Weight Immunophilin FKBP52 and Copper Homeostasis in Drosophila," by Reiko Sanokawa-Akakura, Weihuan Cao, Kirsten Allan, Khyati Patel, Anupama Ganesh, Gary Heiman, Richard Burke, Francis W. Kemp, John D. Bogden, James Camakaris, Raymond B. Birge, and Mary Konsolaki (PLoS ONE 5(1): e8626. doi:10.1371/journal.pone.0008626, XML, HTML, and .pdf format, 10p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008626

G. "Altered Levels of Acetylcholinesterase in Alzheimer Plasma," by María-Salud García-Ayllón, Iolanda Riba-Llena, Carol Serra-Basante, Jordi Alom, Rathnam Boopathy, and Javier Sáez-Valero (PLoS ONE 5(1): e8701. doi:10.1371/journal.pone.0008701, XML, HTML, and .pdf format, 11p.).

http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0008701

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21. LANCET ARTICLE ABSTRACT: Note: Lancet requires free registration before providing content: "C-reactive protein concentration and risk of coronary heart disease, stroke, and mortality: an individual participant meta-analysis," by The Emerging Risk Factors Collaboration (Vol. 375, No. 9709, January 9, 2010, p. 132-140).

http://www.thelancet.com/journals/lancet/article/PIIS0140-6736%2809%2961717-7/abstract

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22. BRITISH MEDICAL JOURNAL ARTICLE: "Health and disease in 85 year olds: baseline findings from the Newcastle 85+ cohort study," by Joanna Collerton, Karen Davies, Carol Jagger, Andrew Kingston, John Bond, Martin P. Eccles, Louise A. Robinson, Carmen Martin-Ruiz, Thomas von Zglinicki, Oliver F. W. James, and Thomas B. L. Kirkwood (BMJ 2009;339:b4904, January 9, 2010).

http://www.bmj.com/cgi/content/full/339/dec22_1/b4904

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23. JOURNAL OF THE AMERICAN MEDICAL ASSOCIATION ARTICLE ABSTRACT: "Association of a Functional Polymorphism in the Cholesteryl Ester Transfer Protein (CETP) Gene With Memory Decline and Incidence of Dementia," by Amy E. Sanders, Cuiling Wang, Mindy Katz, Carol A. Derby, Nir Barzilai, Laurie Ozelius, and Richard B. Lipton (Vol. 303, No. 2, January 13, 2010, p. 150-158).

http://jama.ama-assn.org/cgi/content/abstract/303/2/150

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24. NATION ARTICLES:

A. "Looting Social Security, Part 2," by William Greider (January 4, 2010).

http://www.thenation.com/doc/20100111/greider

B. "Looting Social Security," by William Greider (February 11, 2009).

http://www.thenation.com/doc/20090302/greider

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25. TIME ARTICLE: "Workouts For Your Brain," by Bonnie Rochman (Vol. 175, No. 2, January 18, 2010).

http://www.time.com/time/magazine/article/0,9171,1952329,00.html

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26. FORBES ARTICLE: "Wal-Mart 401(k) Pays Retail," by Stephane Fitch (January 18, 2010).

http://www.forbes.com/forbes/2010/0118/investing-walmart-retirement-401k-paying-retail.html

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III. Working Papers:

27. RAND CORPORATION:

A. "Building Up, Spending Down: Financial Literacy, Retirement Savings Management, and Decumulation," by Angela A. Hung, Erik Meijer, Kata Mihaly, and Joanne Yoong (WR-712, September 2009, .pdf format, 38p.). Links to the abstract and full-text can be found at:

http://www.rand.org/pubs/working_papers/WR712/

B. "On the Rise of Health Spending and Longevity," by Raquel Fonseca, Pierre-Carl Michaud, and Titus Galama, Arie Kapteyn (WR-722, December 2009, .pdf format, 49p.). Links to the abstract and full-text can be found at:

http://www.rand.org/pubs/working_papers/WR722/

C. "How Longer Work Lives Ease the Crunch of Population Aging," by Nicole Maestas and Julie Zissimopoulos (WR-728, December 2009, .pdf format, 30p.). Links to the abstract and full-text can be found at:

http://www.rand.org/pubs/working_papers/WR728/

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28. WHARTON PENSION RESEARCH COUNCIL (UNIVERSITY OF PENNSYLVANIA): Note: WPRC requires free registration before providing working papers. "Collective Investments for Pension Saving: Lessons from Singapore’s Central Provident Fund Scheme," by Benedict S. Koh, Olivia S. Mitchell and Joelle HY. Fong (WP 2010-01, January 2010, .pdf format, 18p.). Links to the abstract and full-text can be found at:

http://www.pensionresearchcouncil.org/publications/document.php?file=821

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29. CENTER FOR RETIREMENT RESEARCH AT BOSTON COLLEGE: "Impact of Immigration on the Distribution of American Well-Being," by Gary Burtless (WP No. 2009-34, December 2009, .pdf format, 42p.). Links to the abstract and full-text can be found at:

http://crr.bc.edu/working_papers/impact_of_immigration_on_the_distribution_of_american_well-being_.html

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30. NATIONAL BUREAU OF ECONOMIC RESEARCH:

A. "Causes and Consequences of Early Life Health," by Anne Case and Christina Paxson (w15637, January 2010, .pdf format, 38p.).

Abstract:

We examine the consequences of childhood health for economic and health outcomes in adulthood, using height as a marker of health in childhood. After reviewing previous evidence, we present a conceptual framework that highlights data limitations and methodological problems associated with the study of this topic. We present estimates of the associations between height and a range of outcomes, including schooling, employment, earnings, health and cognitive ability, using data collected from early to late adulthood on cohort members in five longitudinal data sets. We find height is uniformly associated with better economic, health and cognitive outcomes - a result only partially explained by the higher average educational attainment of taller individuals. We then turn to the NLSY79 Children and Young Adult Survey to better understand what specific aspects of early childhood are captured by height. We find, even among maternal siblings, taller siblings score better on cognitive tests and progress through school more quickly. Part of the differences found between siblings arises from differences in their birth weights and lengths attributable to mother’s behaviors while pregnant. Taken together, these results support the hypothesis that childhood health influences health and economic status throughout the life course.

http://papers.nber.org/papers/w15637

B. "The Long Reach of Childhood Health and Circumstance: Evidence from the Whitehall II Study," by Anne Case and Christina Paxson (w15640, January 2010, .pdf format, 34p.).

Abstract:

We use data from the Whitehall II study to examine the potential role played by early-life health and circumstances in determining health and employment status in middle and older ages. The population from which the Whitehall II cohort was drawn consisted almost exclusively of white collar civil servants. We demonstrate that estimates of the impact of early-life conditions based on the Whitehall II cohort provide a lower bound on the effect of early-life circumstances on adult health and economic status for the population as a whole. That said, using the Whitehall II cohort data, we find early life circumstances are all predictive of entry grade and promotion to higher grade in Whitehall. Even with controls for entry grade or current grade, we find that childhood circumstances predict cohort members' current health status. Using fixed effect and first-difference models of self-assessed health status and civil service employment grade, we find no evidence of civil service grade affecting future self-assessed health. However, we find self-assessed health has a significant effect on future civil service grade.

http://papers.nber.org/papers/w15640

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31. MAX PLANCK INSTITUTE OF DEMOGRAPHIC RESEARCH WORKING PAPER: "Assessing old-age long-term care using the concepts of healthy life expectancy and care duration: the new parameter "Long-Term Care-Free Life-Expectancy (LTCF)," by Rembrandt D. Scholz and Anne Schulz (WP-2010-001, January 2010, .pdf format, 13p.).

Abstract:

Achieving old ages is also connected with prevalence of illness and long-term care. With the introduction of the statutory long-term care insurance in 1996 and the long-term care statistics in 1999 research data of about 2.3 million people receiving long-term care benefits is available. Average life expectancy can be qualitatively divided into lifetime spent in good health and lifetime spent in long-term care dependence (average care duration). In Germany women's and men's average care duration amount 3.6 years respectively 2.1 years.

http://www.demogr.mpg.de/papers/working/wp-2010-001.pdf

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32. UNITED NATIONS DEPARTMENT OF ECONOMIC AND SOCIAL AFFAIRS: "World Population Ageing, 2009," (January 2010, .pdf format, 66p.). Note: There is no abstract for this paper.

http://www.un.org/esa/population/publications/WPA2009/WPA2009_WorkingPaper.pdf

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33. CENTER FOR ECONOMIC STUDIES/IFO INSTITUTE FOR ECONOMIC RESEARCH (CESIFO) [MUNICH, BAVARIA, GERMANY]:

A. "What is an Adequate Standard of Living during Retirement?" by Johannes Binswanger and Daniel Schunk (Working Paper No. 2893, December 2009, .pdf format, 30p.). 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=17236

B. "Economic Growth and Longevity Risk with Adverse Selection," by Ben J. Heijdra and Laurie S. M. Reijnders (Working Paper No. 2898, December 2009, .pdf format, 31p.). 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=17240

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34. PENSIONS INSTITUTE [CASS BUSINESS SCHOOL, CITY UNIVERSITY, LONDON, UK]:

A. "Bayesian Stochastic Mortality Modelling for Two Populations," by Andrew Cairns, David Blake, Kevin Dowd, Guy Coughlan and Marwa Khalaf-Allah (PI-1001, January 2010, .pdf format, 66p.).

Abstract:

The paper introduces a new framework for modelling the joint development over time of mortality rates in a pair of related populations by combining a number of recent and novel developments in stochastic mortality modelling. First, we develop an underlying stochastic model which incorporates a mean-reverting stochastic spread that allows for different trends in mortality improvement rates in the short-run, but parallel improvements in the long run in line with the principles of biological reasonableness. Second, we fit the model using a Bayesian framework that allows us to combine estimation of the unobservable state variables and the parameters of the stochastic processes driving them into a single procedure. This procedure employs Markov chain Monte Carlo (MCMC) techniques, permitting us to analyse uncertainty in the estimates of the historical age, period and cohort effects, and this helps us to smooth out noise in parameter estimates attributable to small populations. Mortality rates arising from this framework provide consistent forecasts for the two populations. Further, estimated correlations based on the simulated mortality improvement factors for two populations are consistent with historical data. The framework is illustrated using two-population extensions of the Age-Period- Cohort and Lee-Carter models on the following populations: England & Wales national and CMI assured lives males and females, and US and California males. The approach is designed for large populations coupled with a small sub-population, but is easily adaptable to other combinations. A key application of the modelling framework would be to allow longevity risk hedgers to model the basis risk that exists between mortality rates in two populations in the case where the hedger wishes to hedge the risk in one population using a hedging instrument based on the second population.

http://www.pensions-institute.org/workingpapers/wp1001.pdf

B. "Sharing Longevity Risk: Why Governments Should Issue Longevity Bonds," by David Blake, Tom Boardman and Andrew Cairns (PI-1002, January 2010, .pdf format, 24p.).

Abstract:

Government-issued longevity bonds would allow longevity risk to be shared efficiently and fairly between generations. In exchange for paying a longevity risk premium, the current generation of retirees can look to future generations to hedge their aggregate longevity risk. There are also wider social benefits. Longevity bonds will lead to a more secure pension savings market - both defined contribution and defined benefit - together with a more efficient annuity market resulting in less means-tested benefits and a higher tax take. The emerging capital market in longevity-linked instruments can get help to kick start market participation through the establishment of reliable longevity indices and key price points on the longevity risk term structure and can build on this term structure with liquid longevity derivatives.

http://www.pensions-institute.org/workingpapers/wp1002.pdf

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35. DE NEDERLANDSCHE BANK: "Financial Literacy and Retirement Planning in the Netherlands," by Maarten van Rooij, Annamaria Lusardi and Rob Alessie (No. 231, November 2009, .pdf format, 38p.).

Abstract:

The complexity of financial decisions households are faced with has increased to unprecedented levels. At the same time, recent research documents large differences in economic knowledge among households and indicates that household financial skills may be inadequate to cope with the increasing responsibility for making retirement decisions. In this paper, we examine the relationship between financial knowledge and retirement planning in the Netherlands. For this purpose, we have designed a customized module for the DNB (De Nederlandsche Bank) Household Survey. We identify a strong and positive association between financial knowledge and retirement planning. Using information on economics education when young, we show that the nexus of causality goes from literacy to planning rather than the other way around.

http://www.dnb.nl/en/binaries/231%20Financial%20Literacy%20and%20Retirement%20Planning%20in%20the%20Netherlands_tcm47-225547.pdf

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

36. Ageing and Society (Vol. 30, No. 2, February 2010).

http://journals.cambridge.org/action/displayIssue?jid=ASO&volumeId=30&issueId=02&iid=7008624

37. Alzheimer's & Dementia: The Journal of the Alzheimer's Association (Vol. 6, No. 1, January 2010).

http://www.alzheimersanddementia.org/current

38. American Journal of Geriatric Psychiatry (Vol. 18, No. 1, January 2010).

http://journals.lww.com/ajgponline/pages/currenttoc.aspx

39. American Journal of Public Health (Vol. 100, No. 2, February 2010).

http://ajph.aphapublications.org/content/vol100/issue2/?etoc

40. Experimental Aging Research (Vol. 36, No. 1, 2010).

http://www.informaworld.com/smpp/title~content=t713722867~db=all/title~db=all~content=g918302108

41. The Gerontologist (Vol. 50, No. 1, February 2010).

http://gerontologist.oxfordjournals.org/content/vol50/issue1/index.dtl

42. Health Affairs (Vol. 29, No. 1, January 2010). Note: The theme of this issue is "Advancing Long-Term Services & Supports."

http://content.healthaffairs.org/content/vol29/issue1/

43. International Journal of Aging and Human Development (Vol. 69, No. 4, 2009).

http://baywood.metapress.com/openurl.asp?genre=issue&issn=0091-4150&volume=69&issue=4

44. International Social Security Review (Vol. 63, No. 1, Jan./March 2010).

http://www3.interscience.wiley.com/journal/118538866/home

45. Journal of Aging and Physical Activity (Vol. 18, No. 1, January 2010).

http://hk.humankinetics.com/JAPA/currentIssue.cfm

46. Journal of the American Geriatrics Society (Vol. 58, No. 1, January 2010).

http://www3.interscience.wiley.com/journal/117995531/home

47. Journals of Gerontology (A): Biological and Medical Sciences (Vol. 65A, No. 1, January 2010).

http://biomedgerontology.oxfordjournals.org/content/vol65A/issue1/index.dtl

48. Journals of Gerontology (B) Psychological and Social Sciences (Vol. 65B, No. 1, January 2010).

http://psychsocgerontology.oxfordjournals.org/content/vol65B/issue1/index.dtl

49. Medical Care (Vol. 48, No. 1, January 2010).

http://journals.lww.com/lww-medicalcare/pages/currenttoc.aspx

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50. 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 January 11, 2010:

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

B. Alzheimer's Disease: Literature for the week of January 11, 2010:

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

C. Parkinson's Disease: Literature for the week of January 11, 2010:

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

D. Prostate Cancer: Literature for the week of January 11, 2010:

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

E. Stem Cell Research: Literature for the week of January 11, 2010:

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

F. Ophthalmology: Literature for the week of January 11, 2010:

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

AMEDEO Literature Guide:

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

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V. Books:

51. ASHGATE/EUROPEAN CENTRE FOR SOCIAL WELFARE POLICY AND RESEARCH: Women's Work and Pensions: What is Good, What is Best? Designing Gender-Sensitive Arrangements, edited by Bernd Marin and Eszter Zolyomi (Public Policy and Social Welfare, Vol. 37, 2010, ISBN 978-1-4094-0698-3, 324p.). Note: A summary of the book and a sample chapter are available (.pdf format).

http://www.euro.centre.org/detail.php?xml_id=1643

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VI. Funding Opportunities:

52. US NATIONAL INSTITUTES OF HEALTH:

A. "NIH Support for Conferences and Scientific Meetings (Parent R13/U13)," (PA-10-071, a reissue of PA-06-041, January 4, 2010, National Institute on Aging, in conjunction with other agencies).

http://grants.nih.gov/grants/guide/pa-files/PA-10-071.html

B. "Recovery Act Limited Competition: NIH Basic Behavioral and Social Science Opportunity Network (OppNet) Short-term Mentored Career Development Awards in the Basic Behavioral and Social Sciences for Mid-career and Senior Investigators (K18)," (RFA-OD-10-003, January 5, 2010, National Institute on Aging, in conjunction with other agencies).

http://grants.nih.gov/grants/guide/rfa-files/RFA-OD-10-003.html

C. "Notice of Cancellation of NIA Participation in Mentored Clinical Scientist Development Programs (K12 Award)," (NOT-AG-10-004, January 6, 2010, National Institute on Aging).

http://grants.nih.gov/grants/guide/notice-files/NOT-AG-10-004.html

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VII. Conferences:

53. RAND CORPORATION: "Rand Summer Institute: Demography, Economics, and Epidemiology of Aging," (July 14-15, 2010 - Santa Monica, California). Note: The deadline for applications is March 12, 2010.

http://www.rand.org/labor/aging/rsi/demography.html

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54. CONFERENCEALERTS.COM GERONTOLOGY CONFERENCES: Conferencealerts Gerontology section has recently added the following new conferences:

* Jan. 23, 2010 - TDS Remuneration Planning Retirement Benefits & Direct Tax Code, Delhi India
* Feb. 1, 2010 - Health Care 2010: Evidence, Evaluation and Engagement, Toronto Canada
* Feb. 12, 2010 - Behavioral Health and Older Adults Conference, Tucson Arizona
* Apr. 15, 2010 - New Aging, Philadelphia Pennsylvania
* May 19, 2010 - The Future of Life Assurance featuring Flexible Retirement Solutions, London United Kingdom
* Sept. 15, 2010 - The 2010 International Conference on Aging in the Americas, Austin Texas
* Oct. 1, 2010 - 5th International CECD Conference, Penticton Canada
* Oct. 1, 2010 - 5th International Dementia Conference Sponsored by CECD Conference, Penticton Canada
* Oct. 28, 2010 - 7th World Congress on Men's Health: how to overcome the challenges? Nice France
* Nov. 19, 2010 - 63rd Annual Scientific Meeting, New Orleans LA

Conferencealerts.com Gerontology Conferences:

http://www.conferencealerts.com/aging.htm

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VIII. Legislation Information Updates:

55. US SENATE SPECIAL COMMITTEE ON AGING HEARING PUBLICATION: "Boon or Bane? Examining the Value of Long-Term Care Insurance," a hearing held June 3, 2009 (S. Hrg. 111-180, ASCII text and .pdf format, 109p.).

ASCII:

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_senate_hearings&docid=f:53717.wais

PDF:

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_senate_hearings&docid=f:53717.pdf

Thanks,

Charlie

***************************************************

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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