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.
|Number of pages||5|
|Journal||International Journal of Microsimulation|
|Publication status||Published - 2011|
- cost of ill health
- lost labour force participation
- disease prevention