Current Awareness in Aging Research (CAAR) Report #430--March 27, 2008

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:


I. Reports and articles:

1. AGINGSTATS.GOV CHARTBOOK: "2008 Older Americans : Key indicators of Well-Being" (US Federal Interagency Forum on Aging-Related Statistics, March 2008, HTML, .pdf, or .zip compressed Microsoft PowerPoint format, 161p., with an accompanying press release [.pdf or Microsoft Word format], and 39 detailed indicator tables in Microsoft Excel format).



A. "Social Security Programs Throughout the World: The Americas, 2007" (March 2008, .pdf format, 190p.).

B. "Social Security Programs Throughout the World: Africa, 2007" (September 2007, HTML and .pdf format, 188p.).

C. "SSI (Supplemental Security Income) Monthly Statistics, February 2008" (March 2008, HTML and .pdf format).



A. 2008 Medicare Trustees Report (March 2008, .pdf format, 236p.).

Scroll to bottom of the page for link to full text, as well as links to full text of reports from 2002-2007).

B. "Medicare To Save Average of 26% for Some Durable Medical Equipment, Prosthetics, Orthotics, and Supplies in Selected Areas" (Mar. 21, 2008).


4. US BUREAU OF LABOR STATISTICS REPORT: "National Compensation Survey: Employee Benefits in State and Local Governments in the United States, September 2007," (Summary 08-02, March 2008, .pdf format, 32p.).


5. US CONGRESSIONAL RESEARCH SERVICE REPORT: "Impact of Rising Energy Costs on Older Americans," by Janemarie Mulvey (RS22826, March 2008, .pdf format, 6p.).


6. OHIO JOB AND FAMILY SERVICES REPORT: "Ohio's Graying Labor Force: Aging through 2016" (February 2008, .pdf format, 26p.).


7. UNITED NATIONS WORLD HEALTH ORGANIZATION/POPULATION FUND REPORT: "Women, Ageing and Health: A Framework for Action" (2007, .pdf format, 55p.).



A. "Government working on 158 million dollar transition beds -- getting elderly into appropriate aged care" (Mar. 25, 2008, HTML and .pdf format, 2p.).

B. "Better protection for frail aged Australians" (Mar. 22, 2008, HTML and .pdf format, 3p.).

C. "300 million dollars zero real interest loans -- attracting proven providers to Australia's areas of high need for aged care beds" (Mar. 22, 2008, HTML and .pdf format, 2p.).



A. "Canadian Joint Replacement Registry (CJRR) 2007 Annual Report: Hip and Knee Replacements in Canada" (March 2008, .pdf format, 123p.).

B. "Hospitalizations, Early Revisions and Infections Following Joint Replacements," (March 2008, .pdf format, 18p.).


10. STATISTICS CANADA/STATISTIQUE CANADA REPORT:"Income Security and Stability During Retirement in Canada," by Sebastien LaRochelle-Cote, John Myles and Garnett Picot (Analytical Studies Branch Research Paper Series, No. 306. March 2008,.pdf format, 59p.).



A. "Opinions of Pennsylvanians Age 50+ on Health Care Reform," by Brittne M. Nelson and Katherine Bridges (March 2008, .pdf format, 20p.).

B. "The Employee Point of View: Opinions of Workers in North Carolina on Election Issues, Retirement, Caregiving, and Job Benefits," by Terri Guengerich (March 2008, .pdf format, 33p.).

C. AARP The Magazine (May/June 2008). Selected articles from the latest issue are available at the site.

D. "AARP Prime Time Radio: The following Prime Time Radio show (RealPlayer format, running time, between 23 and 30 minutes) has been added to the PTR site:

Attracting Young Physicians to Geriatrics: Mar. 25, 2008.

Note: this is a temporary address. When new PTR shows are released, these will be available at:



A. "When Should Married Men Claim Social Security Benefits?" by Steven A. Sass, Wei Sun, and Anthony Webb (IB#8-4, March 2008, .pdf format, 7p.).

B. "Social Security's Financial Outlook: The 2008 Update in Perspective," by Alicia H. Munnell (IB#8-5, March 2008, .pdf format, 8p.).


13. UNIVERSITY OF MICHIGAN RETIREMENT RESEARCH CENTER REPORT: "Key Findings on Health and Disability" (March 2008, .pdf format, 4p.).


14. RAND CORPORATION RESEARCH BRIEF: "Modeling the Health and Medical Care Spending of the Future Elderly," by Dana P. Goldman, David M. Cutler, Paul G. Shekelle, Jay Bhattacharya, Baoping Shang, Geoffrey F. Joyce, Michael Hurd, Dawn Matsui, Sydne Newberry, Constantijn (Stan) Panis, Michael W. Rich, Catherine K. Su, Emmett B. Keeler, Darius N. Lakdawalla, Matthew E. Chernew, Feng Pan, Eduardo Ortiz, Robert H. Brook, A. M. Garber, Shannon Rhodes (March 2008, HTML and .pdf format, 9p.).


15. EMPLOYEE BENEFIT RESEARCH INSTITUTE NOTES: "Total Individual Account Retirement Plan Assets, by Demographics, 2004," (Vol.29, No.3, March 2008,.pdf format, 11p.).


16. INTERNATIONAL CENTER FOR LONGEVITY USA PERIODICAL: ILC Policy Report: March 2008 (March 2008, .pdf format, 5p.). "The ILC Policy Report is "a monthly compilation of longevity news and trends in the U.S. and abroad".

Scroll to "Policy Report."


17. NEWSWEEK ARTICLE: "Retirement Postponed: Baby boomers who'd expected to quit work by now discover they can't afford it. Blame the meltdown," by Daniel McGinn and Temma Ehrenfeld (Mar. 31, 2008).


II. Working Papers:

18. NATIONAL BUREAU OF ECONOMIC RESEARCH: "Deconstructing Lifecycle Expenditure," by Mark Aguiar and Erik Hurst (w13893, March 2008, .pdf format, 56p.).


In this paper we revisit two well-known facts regarding lifecycle expenditures. The first is the familiar "hump" shaped lifecycle profile of nondurable expenditures. We document that the behavior of total nondurables masks surprising heterogeneity in the lifecycle profile of individual sub-components. We find, for example, that while food expenditures decline after middle age, expenditures on entertainment continue to increase throughout the lifecycle. These patterns pose a challenge to models that emphasize inter-temporal substitution or movements in income, including standard models of precautionary savings, myopia, and limited commitment, to explain the lifecycle profile of expenditures. Second, we document that the increase in the cross-sectional dispersion of expenditure over the lifecycle is not greater for luxuries. In particular, the dispersion in entertainment expenditure declines relative to food expenditures as households become older, casting further doubt on theories that emphasize (exclusively) shocks to permanent income to explain the rising cross sectional expenditure dispersion over the lifecycle. We propose and test a Beckerian model that emphasizes intra-temporal substitution between time and expenditures as the opportunity cost of time varies over the lifecycle. We find this alternative model successfully explains the joint behavior of food and entertainment expenditures in the latter half of the lifecycle. The model, however, is less successful in explaining expenditure patterns early in the lifecycle.


19. FEDERAL RESERVE FINANCE AND ECONOMICS DISCISSION SERIES: "The Trajectory of Wealth in Retirement," by David A. Love, Michael G. Palumbo, and Paul A. Smith (2008-13, March 2008, .pdf format, 49p.). Links to an abstract and full text are available at:


20. SOCIAL AND ECONOMIC DIMENSIONS OF AN AGING POPULATION (SEDAP) [MCMASTER UNIVERSITY, HAMILTON ONTARIO]: "What is Retirement? A Review and Assessment of Alternative Concepts and Measures," by Frank T. Denton and Byron G. Spencer (Research Paper 231, March 2008, .pdf format, 37p.).


Since the concept of retirement is prominent in both popular thinking and academic studies it would be helpful if the notion were analytically sound, could be measured with precision, and would make possible comparisons of patterns of retirement over time and among different populations. This paper reviews and assesses the many concepts and measures that have been proposed, summarizing them in groupings that reflect non-participation or reduced participation in the labour force, receipt of pension income, end-of-career employment, self assessed retirement, or combinations of those characteristics. It concludes that there is no agreed measure and that no one measure dominates. Instead, new measures continue to be proposed to take account of additional refinements as new data sets become available, thereby further restricting possible comparisons. The confusing array of definitions reflects the practical problem that underlies the concept of retirement: it is an essentially negative notion, a notion of what people are not doing -- namely, that they are not working. A more positive approach would be to focus instead on what people are doing, including especially their involvement in non-market activities that are socially productive, even if those activities do not contribute to national income as conventionally measured.


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

21. American Journal of Epidemiology (Vol. 167, No. 6, Mar. 15, 2008).

22. Journal of Elder Abuse and Neglect (Vol. 19, No. 3-4, December 2007).

23. Medical Care (Vol. 46, No. 4, April 2008).


24. 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 Mar. 26, 2008:

B. Alzheimer's Disease: Literature for the week of Mar. 26, 2008:

C. Parkinson's Disease: Literature for the week of Mar, 26, 2008:

D. Prostate Cancer: Literature for the week of Mar, 26, 2008:

E. Stem Cell Research: Literature for the week of Mar, 26, 2008:

F. Ophthalmology Research: Literature for the week of Mar, 26, 2008:

AMEDEO Literature Guide:


IV. Conferences:

25. US ADMINISTRATION ON AGING: AoA has added the following conferences to its listings. Scroll to the data and place for more information about the conference.

Apr. 16, 2008: Waltham, Massachusetts

Apr. 30, 2008: Warwick, Rhode Island

May 7, 2008: Providence, Rhode Island

May 14, 2008: West Warwick, Rhode Island

May 15-22, 2008: York County Area, Pennsylvania

Dec. 4-6, 2008: San Antonio, Texas


V. Legislation Information Updates:

26. US HOUSE SMALL BUSINESS COMMITTEE HEARING PUBLICATION: "Hearing on Medicare's Reimbursement Cuts: The Potential Impact on Solo and Small Group Practitioners and the Businesses They Run," a hearing held Nov. 8, 2007 (House Serial Publication No. 110-59, .pdf format, 83p.).


27. US SENATE HOMELAND SECURITY AND GOVERNMENTAL AFFAIRS COMMITTEE HEARING PUBLICATION: "Up, Up, and Away! Growth Trends in Health Care Premiums for Active and Retired Federal Employees," a hearing held May 18, 2007 (Senate Hearing 110-239, .pdf format, 70p.).


VI. Bibliography Updates:

28. Panel Study Of Income Dynamics Bibliography Update: The University of Michigan Institute for Social Research PSID has recently added the following item to its bibliography. The entire bibliography can be searched or browsed in various ways at:

Hamermesh, Daniel S. and Slemrod, Joel B. The Economics of Workaholism: We Should Not Have Worked on This Paper. Contributions to Economic Analysis& Policy. 2008; 8(1):1.

Sabia, Joseph J. There's No Place Like Home: A Hazard Model Analysis of Aging in Place Among Older Homeowners in the PSID. Research On Aging. 2008; 30(1):3-35.

Shuey, Kim M. and Willson, Andrea E. Cumulative Disadvantage and Black-White Disparities in Life-Course Health Trajectories. Research on Aging. 2008; 30(2):200-225.

Jack Solock
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Social Sciences Research Services
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University of Wisconsin-Madison
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