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Modelling the cost of ill health in Health&WealthMOD (Version II): lost labour force participation, income and taxation, and the impact of disease prevention

Author

Listed:
  • Deborah Schofield

    (NHMRC Clinical Trials Centre and School of Public Health, Faculty of Medicine, University of Sydney, 92-94 Parramatta Road, Camperdown, NSW 1450 Australia;)

  • Rupendra Shrestha

    (NHMRC Clinical Trials Centre and School of Public Health, Faculty of Medicine, University of Sydney, 92-94 Parramatta Road, Camperdown, NSW 1450 Australia;)

  • Emily Callander

    (NHMRC Clinical Trials Centre and School of Public Health, Faculty of Medicine, University of Sydney, 92-94 Parramatta Road, Camperdown, NSW 1450 Australia;)

  • Richard Pervical

    (The National Centre for Social and Economic Modelling, University of Canberra, ACT, 2601;)

  • Simon Kelly

    (The National Centre for Social and Economic Modelling, University of Canberra, ACT, 2601;)

  • Megan Passey

    (Northern Rivers University, Department of Rural Health, School of Public Health, Faculty of Medicine, University of Sydney, PO Box 3074, Lismore, NSW 2480, Australia;)

  • Susan Fletcher

    (Northern Rivers University, Department of Rural Health, School of Public Health, Faculty of Medicine, University of Sydney, PO Box 3074, Lismore, NSW 2480, Australia;)

Abstract

This paper provides a detailed description of the construction of Health&WealthMOD (Version II). It is Australias only microsimulation model of health and illness and their impacts on labour force participation, income, wealth and government revenue and expenditure. In this paper, we describe Health&WealthMOD (Version II) and its architecture, the application of the model, and some of the results it has produced.

Suggested Citation

  • Deborah Schofield & Rupendra Shrestha & Emily Callander & Richard Pervical & Simon Kelly & Megan Passey & Susan Fletcher, 2011. "Modelling the cost of ill health in Health&WealthMOD (Version II): lost labour force participation, income and taxation, and the impact of disease prevention," International Journal of Microsimulation, International Microsimulation Association, vol. 4(3), pages 32-36.
    • Handle: RePEc:ijm:journl:v:4:y:2011:i:3:p:32-36
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    File URL: http://ima.natsem.canberra.edu.au/IJM/V4_3/Schofield%201%20paper%20v2.pdf
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    Citations

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    Cited by:

    1. Deborah J Schofield & Michelle Cunich & Rupendra N Shrestha & Emily J Callander & Megan E Passey & Simon J Kelly & Robert Tanton & Lennert Veerman, 2014. "The Impact of Diabetes on the Labour Force Participation and Income Poverty of Workers Aged 45–64 Years in Australia," PLOS ONE, Public Library of Science, vol. 9(2), pages 1-7, February.
    2. Deborah J Schofield & Emily J Callander & Rupendra N Shrestha & Megan E Passey & Richard Percival & Simon J Kelly, 2013. "Multiple Chronic Health Conditions and Their Link with Labour Force Participation and Economic Status," PLOS ONE, Public Library of Science, vol. 8(11), pages 1-1, November.
    3. Hannah E Carter & Deborah J Schofield & Rupendra Shrestha, 2014. "Editorial Volume 7(3)," International Journal of Microsimulation, International Microsimulation Association, vol. 7(3), pages 33-52.
    4. Deborah Schofield & Michelle Cunich & Simon Kelly & Megan E Passey & Rupendra Shrestha & Emily Callander & Robert Tanton & Lennert Veerman, 2015. "The Impact of Diabetes on the Labour Force Participation, Savings and Retirement Income of Workers Aged 45-64 Years in Australia," PLOS ONE, Public Library of Science, vol. 10(2), pages 1-10, February.
    5. Rupendra N Shrestha & Deborah Schofield & Melanie J B Zeppel & Michelle M Cunich & Robert Tanton & Simon J Kelly & Lennert Veerman & Megan E Passey, 2018. "Care&WorkMOD: An Australian Microsimulation Model Projecting the Economic Impacts of Early Retirement in Informal Carers," International Journal of Microsimulation, International Microsimulation Association, vol. 11(3), pages 78-99.
    6. Deborah Schofield & Rupendra Shrestha & Simon Kelly & Lennert Veerman & Robert Tanton & Megan Passey & Theo Vos & Michelle Cunich & Emily Callander, 2014. "Health&WealthMOD2030: A Microsimulation Model of the Long Term Economic Impacts of Disease Leading to Premature Retirements of Australians Aged 45-64 Years Old," International Journal of Microsimulation, International Microsimulation Association, vol. 7(2), pages 94-118.

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