Population ageing is associated with increasing healthcare expenditure. To guide policy and the adaptation of health systems, however, a more accurate understanding of the quantitative effect of different components of ageing and other factors that influence cost dynamics is needed. This study...

In this paper, we propose a simple dynamic mortality model to ft and forecast mortality rates for measuring longevity and mortality risks. This proposal is based on a methodology for modelling interest rates, which assumes that changes in spot interest rates depend linearly on a small number of...