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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

  • 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;)

This paper provides a detailed description of the construction of Health&WealthMOD (Version II). It is Australia’s 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.

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File URL: http://ima.natsem.canberra.edu.au/IJM/V4_3/Schofield%201%20paper%20v2.pdf
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Article provided by International Microsimulation Association in its journal International Journal of Microsimulation.

Volume (Year): 4 (2011)
Issue (Month): 3 ()
Pages: 32-36

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Handle: RePEc:ijm:journl:v:4:y:2011:i:3:p:32-36
Contact details of provider: Web page: http://www.microsimulation.org/ijm/

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