“Private Pensions: Timely Action Needed to Address Impending Multiemployer Plan Insolvencies,” (GAO-13-240, March 2013, .pdf format, 66p.).
April 8, 2013
CAAR – US Medicare Payment Advisory Committee Hearing Transcript – April 8, 2013
A transcript of the Apr. 4-5, 2013 meeting is available (.pdf format, 496p.).
www.medpac.gov/meeting_search.cfm?SelectedDate=2013-04-04 00:00:00.0
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CAAR – Public Library of Science (PLoS) Articles
A. “Cognitive Training Improves Sleep Quality and Cognitive Function among Older Adults with Insomnia,” by Iris Haimov and Evelyn Shatil (PLoS ONE 8(4): e61390. doi:10.1371/journal.pone.0061390, XML, HTML, and .pdf format, 17p.).
www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0061390
B. “Prion Protein Is Decreased in Alzheimer’s Brain and Inversely Correlates with BACE1 Activity, Amyloid-{beta} Levels and Braak Stage,” by Isobel J. Whitehouse, J. Scott Miners, Elizabeth B. C. Glennon, Patrick G. Kehoe, Seth Love, Katherine A. B. Kellett, and Nigel M. Hooper (PLoS ONE 8(4): e59554. doi:10.1371/journal.pone.0059554, XML, HTML, and .pdf format, 8p.).
www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0059554
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CAAR – Lancet Oncology Article Abstract – April 8, 2013
“Two dosing regimens of tosedostat in elderly patients with relapsed or refractory acute myeloid leukaemia (OPAL): a randomised open-label phase 2 study,” by Jorge Cortes, Eric Feldman, Karen Yee, David Rizzieri, Anjali S. Advani, Anthony Charman, Richard Spruyt, Martin Toal, and Hagop Kantarjian (Vol. 14, No. 4, April 2013, p. 354-362).
www.thelancet.com/journals/lanonc/article/PIIS1470-2045%2813%2970037-8/abstract
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CAAR – US Administration on Aging Funding Opportunities – April 8, 2013
A. “2013 Lifespan Respite Care Program: Building Integrated and Sustainable Lifespan Respite,” (HHS-2013-ACL-AOA-LR-0048, .pdf format, 45p.). Note: The deadline for application is May 20, 2013.
acl.gov/Funding_Opportunities/Announcements/docs/2013/ACL%20Announcement%20LR48.pdf
B. “2013 Lifespan Respite Care Program: Grants to New States,” (HHS-2013-ACL-AOA-LR-0047, .pdf format, 45p.). Note: The deadline for application is May 20, 2013.
acl.gov/Funding_Opportunities/Announcements/docs/2013/ACL%20Announcement%20LR47.pdf
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CAAR – Pensions Institute (Cass Business School, City University of London) [UK] Working Paper – April 8, 2013
“Adjusted Money’s Worth Ratios In Life Annuities,” by Jaime Casassus and Eduardo Walker (PI-1303, February 2013, .pdf format, 53p.).
Abstract:
The Money’s Worth Ratio (MWR) measures an annuity’s actuarial fairness. It is calculated as the discounted present value of the annuity’s expected future payments divided by its cost. We argue that, this measure may overestimate the value-for-money obtained by annuitants, since it does not adjust for liquidity or risk factors. Measuring these factors is challenging, requiring detailed knowledge of the annuity provider’s assets, liabilities, and of the stochastic processes followed by them. Using a multi-factor continuous-time model and option pricing theory, we propose a simple solution for an Adjusted MWR (AMWR), which does consider illiquidity and default risk. We implement this solution for the competitive Chilean annuity market, which offers unadjusted MWRs above 1, finding that indeed these ratios are biased upward 7 percent on average. We also present estimates of default option values, asset insufficiency probabilities and implied credit spreads for each annuity provider.
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CAAR – Institute for the Study of Labor (IZA) [University of Bonn, Germany] Working Papers – April 8, 2013
A. “Does Mental Productivity Decline with Age? Evidence from Chess Players,” by Marco Bertoni, Giorgio Brunello, and Lorenzo Rocco (Discussion Paper No. 7311, March 2013, .pdf format, 15p.). Note: Links to the abstract and full-text can be found at:
www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=7311
B. “Evidence on Individual Preferences for Longevity Risk,” by Gaetan Delprat, Marie-Louise Leroux, and Pierre-Carl Michaud (Discussion Paper No. 7317, March 2013, .pdf format, 19p.). Note: Links to the abstract and full-text can be found at:
www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=7317
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CAAR – Tables of Contents – April 8, 2013
Journal of Gerontological Social Work (Vol. 56, No. 3, April 2013).
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CAAR – Lancet Series Article – April 8, 2013
Note: Lancet requires free registration before providing articles. Lancet has published a series on Health In Europe (Mar. 27, 2013, HTML and .pdf format). One of the articles: “Ageing in the European Union,” by Bernd Rechel, Emily Grundy, Jean-Marie Robine, Jonathan Cylus, Johan P Mackenbach, Cecile Knai, and Martin McKee (11p.), may be of interest to researchers in aging.
www.thelancet.com/series/health-in-europe
and scroll to title.
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