A Micro-level Analysis of Recent Increases in Labor Force Participation among Older Workers

Aggregate data reveal a sizable increase in labor force participation rates since 2000 among workers on the cusp of retirement, reverting back to levels for older men not seen since the 1970s. These aggregate numbers are useful in that they document overall trends, but they lack the ability to identify the reasons behind workers’ decisions. The Health and Retirement Study (HRS) spans the last dozen years from 1992 to 2004, includes two cohorts of retirees, and provides micro-level data regarding these recent trends. Moreover, the HRS contains information on older Americans and the types of jobs they are taking (full-time versus part-time, self-employed versus wage-and-salary, low-paying versus high-paying, blue collar versus white collar, etc.). This study capitalizes on the richness of the HRS data and explores labor force determinants and outcomes of older Americans, with an emphasis on retirees' choices in recent years. We present a cross-sectional and longitudinal description of the financial, health, and employment situation of older Americans. We then explore retirement determinants using a multinomial approach to model gradual retirement and a two-step approach to model the work-leisure and hours intensity decisions of older workers. Evidence suggests that the majority of older Americans retire gradually, in stages, and that younger retirees continue to respond to financial incentives just as their predecessors did. In addition, recent macro-level changes appear to have blurred the distinction between younger and middle-aged retirees.Economics of Aging, Partial Retirement, Gradual Retirement

An Update on Bridge Jobs: The HRS War Babies

Are today’s youngest retirees following in the footsteps of their older peers with respect to gradual retirement? Recent evidence from the Health and Retirement Study (HRS) suggests that most older Americans with full-time career jobs later in life transitioned to another job prior to complete labor force withdrawal. This paper explores the retirement patterns of a younger cohort of individuals from the HRS known as the “War Babies.” These survey respondents were born between 1942 and 1947 and were 57 to 62 years of age at the time of their fourth bi-annual HRS interview in 2004. We compare the War Babies to an older cohort of HRS respondents and find that, for the most part, the War Babies have followed the gradual-retirement trends of their slightly older predecessors. Traditional one-time, permanent retirements appear to be fading, a sign that the impact of changes in the retirement income landscape since the 1980s continues to unfold.Economics of Aging, Partial Retirement, Gradual Retirement

The Role of Re-entry in the Retirement Process

To what extent do older Americans re-enter the labor force after an initial exit and what drives these “unretirement” decisions? Retirement for most older Americans with full-time career jobs is not a one-time, permanent event. Labor force exit is more likely to be a process. Prior studies have found that between one half and two thirds of career workers take at least one other job before exiting from the labor force completely. The transitional nature of retirement may be even more pronounced when considering the impact of re-entry. This paper examines the extent to which older Americans with career jobs re-entered the labor force. The analysis is based on data from the Health and Retirement Study (HRS), an ongoing, longitudinal survey of older Americans that began in 1992. We examined the retirement patterns of a subset of 5,617 HRS respondents who were on a full-time career job at the time of the first interview. Logistic regression was used to explore determinants of re-entry among those who initially exited the labor force. We found that approximately 15 percent of older Americans with career jobs returned to the labor force after initially exiting. Respondents were more likely to re-enter if they were younger, were in better health, or had a defined-contribution pension plan. This research provides empirical evidence of how older Americans are utilizing bridge jobs as they transition from career employment, and that re-entry may be an important part of the work experience of older Americans.Economics of Aging, Partial Retirement, Bridge Jobs, Gradual Retirement

Self-Employment Transitions among Older American Workers with Career Jobs

What role does self-employment play in the retirement process? Older Americans are staying in the labor force longer than prior trends would have predicted and many change jobs later in life. These job transitions are often within the same occupation or across occupations within wage-and-salary employment. The transition can also be out of wage-and-salary work and into self employment. Indeed, national statistics show that self employment becomes more prevalent with age, partly because self employment provides older workers with opportunities not found in traditional wage-and-salary jobs, such as flexibility in hours worked and independence. This paper analyzes transitions into and out of self employment among older workers who have had career jobs. We utilize the Health and Retirement Study, a nationally-representative dataset of older Americans, to investigate the prevalence of self employment among older workers who made a job transition later in life and to explore the factors that determine the choice of wage-and-salary employment or self employment. We find that post-career transitions into and out of self employment are common and that health status, career occupation, and financial variables are important determinants of these transitions. As older Americans and the country as a whole face financial strains in retirement income in the years ahead, self employment may be a vital part of the pro-work solution.Retirement, Retirement Transitions, Self Employment

pMSSM Benchmark Models for Snowmass 2013

We present several benchmark points in the phenomenological Minimal Supersymmetric Standard Model (pMSSM). We select these models as experimentally well-motivated examples of the MSSM which predict the observed Higgs mass and dark matter relic density while evading the current LHC searches. We also use benchmarks to generate spokes in parameter space by scaling the mass parameters in a manner which keeps the Higgs mass and relic density approximately constant.Comment: 10 pages, 6 figure

Can a Logarithmically Running Coupling Mimic a String Tension?

It is shown that a Coulomb potential using a running coupling slightly modified from the perturbative form can produce an interquark potential that appears nearly linear over a large distance range. Recent high-statistics SU(2) lattice gauge theory data fit well to this potential without the need for a linear string-tension term. This calls into question the accuracy of string tension measurements which are based on the assumption of a constant coefficient for the Coulomb term. It also opens up the possibility of obtaining an effectively confining potential from gluon exchange alone.Comment: 13 pages, LaTeX, two figures not included, available from author. revision - Line lengths fixed so it will tex properl

Delayed Diagnosis of Mycobacterium bovis bacillus Calmette-Guérin Periprosthetic Joint Infection Following Total Knee Arthroplasty

Periprosthetic joint infection (PJI) can present challenges in diagnosis and treatment, particularly in the setting of atypical causative organisms such as fungi and mycobacteria. Herein, we present a case and provide a review of the diagnosis and treatment of an unusual PJI caused by bacillus Calmette-Guérin, administered during the treatment of bladder cancer 3 years prior to total knee arthroplasty and subsequent PJI. Although the patient\u27s history of bladder cancer was known, neither his Bacillus Calmette-Guérin treatment nor its potential for distant site spread that could lead to PJI were appreciated, leading to a prolonged diagnostic evaluation and treatment course

SLAC-PUB-15458 pMSSM Benchmark Models for Snowmass 2013 ∗

We present several benchmark points in the phenomenological Minimal Supersymmetric Standard Model (pMSSM). We select these models as experimentally wellmotivated examples of the MSSM which predict the observed Higgs mass and dark matter relic density while evading the current LHC searches. We also use benchmarks to generate spokes in parameter space by scaling the mass parameters in a manner which keeps the Higgs mass and relic density approximately constant. 1 pMSSM Model Generation Despite the continued null results from the LHC, supersymmetry in general and the MSSM in particular remain well-motivated and therefore of considerable interest to future experimental programs. We therefore introduce several benchmark points within the MSSM which predict the observed Higgs mass and dark matter relic density, yet are allowed by current experimental data. These points were taken from scans of the phenomenological MSSM (pMSSM), a subspace of the MSSM with parameters defined at the electroweak scale [1]. The pMSSM is defined by applying the following experimentally-motivated constraints to the R-parity conserving MSSM: (i) CP conservation, (ii) Minimal Flavor Violation at the electroweak scale, (iii) degenerate first and second generation sfermion masses, (iv) negligible Yukawa couplings and A-terms for the first two generations. In particular, no assumptions are made about physics at high scales, e.g. unification or SUSY breaking, in order to capture electroweak scale phenomenology for which a UV-complete theory may not yet exist. Imposing the constraints (i)-(v) decreases the number of free parameters from 105 to 19, o

Myocardial Infarction and Aortic Root Mycotic Aneurysm Complicating Aortic Valve Endocarditis: Utility of Cardiac CT

Aortic mycotic aneurysms are a rare but life-threatening potential complication of infective endocarditis. Rapid deterioration of the vascular wall in highly focal areas makes these pseudoaneurysms particularly prone to rupture, resulting in uncontrolled aortic hemorrhage. While computed tomography angiography (CTA) is the imaging modality of choice for the evaluation of mycotic aneurysms, it is not routinely performed in patients with known or suspected infective endocarditis (IE). However, current valvular heart disease guidelines support the use of cardiac CTA in cases of IE and suspected perivalvular extension when there is inadequate or ambiguous visualization on echocardiography. Here, we describe a case of IE in which cardiac CTA was used for two purposes: to assess perivalvular complications and to define coronary anatomy in a patient with a suspected embolic myocardial infarction. Subsequent detection of an aortic root mycotic aneurysm not previously demonstrated on transthoracic or transesophageal echocardiography allowed for timely and uncomplicated surgical intervention, while avoiding invasive coronary angiography

Direct comparison between confocal and multiphoton microscopy for rapid histopathological evaluation of unfixed human breast tissue

Rapid histopathological examination of surgical specimen margins using fluorescence microscopy during breast conservation therapy has the potential to reduce the rate of positive margins on postoperative histopathology and the need for repeat surgeries. To assess the suitability of imaging modalities, we perform a direct comparison between confocal fluorescence microscopy and multiphoton microscopy for imaging unfixed tissue and compare to paraffin-embedded histology. An imaging protocol including dual channel detection of two contrast agents to implement virtual hematoxylin and eosin images is introduced that provides high quality imaging under both one and two photon excitation. Corresponding images of unfixed human breast tissue show that both confocal and multiphoton microscopy can reproduce the appearance of conventional histology without the need for physical sectioning. We further compare normal breast tissue and invasive cancer specimens imaged at multiple magnifications, and assess the effects of photobleaching for both modalities using the staining protocol. The results demonstrate that confocal fluorescence microscopy is a promising and cost-effective alternative to multiphoton microscopy for rapid histopathological evaluation of ex vivo breast tissue.National Institutes of Health (U.S.) (Grant R01-CA178636-02)National Institutes of Health (U.S.) (Grant R01-CA075289-18)National Institutes of Health (U.S.) (Grant F32-CA183400-03)United States. Air Force. Office of Scientific Research (Grant FA9550-12-1-0551)United States. Air Force. Office of Scientific Research (Grant FA9550-15-1-0473