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- W2289079263 abstract "We present in this model an alternative to willingness to pay measures. In order to do that, we perform a simulation model of labour supply in the short run. In this setting, changes in welfare due to schizophrenia can be determined through changes in quality of life indexes. Our main hypothesis is that quality of life indexes act in the same way as tax rates in a standard labour supply model with taxes. Teherefore illness acts as a health tax and a medical treatment acts as a health subsidy. Therefore once some quality of life indexes are determined, it is possible to distinguish between the decrease in welfare, in terms of an equivalent variation of income and changes in the incentives to work caused by illness. This equivalent variation on the labour supply is defined in terms of the difference between the individual actual wage and a hypothetical quality of life adjusted wage, which defines the consumption capacity determined by illness. For the empirical test of the model we develop a survey applied on a sample of 1232 patients either involved in a first treatment against schizophrenia or changing in that kind of treatment. The quality of life indexes are EuroQol 5D type determined through a clinical trial developed in Spain and some other EU countries." @default.
- W2289079263 created "2016-06-24" @default.
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- W2289079263 date "2007-07-01" @default.
- W2289079263 modified "2023-10-02" @default.
- W2289079263 title "A New Model to Measure the Economic Burden of Illness: An Application to Schizophrenia in Some EU Countries" @default.
- W2289079263 hasPublicationYear "2007" @default.
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