The age-period cohort problem: set identification and point identification

Martin Browning, Ian Crawford and Marike Knoef

No 02/12, CeMMAP working papers from Institute for Fiscal Studies

Abstract: "Only entropy comes easily" - Anton ChekhovVarious methods have been used to overcome the point identification problem inherent in the linear age-period-cohort model. This paper presents a set-identification result for the model and then considers the use of the maximum-entropy principle as a vehicle for achieving point identification. We present two substantive applications (US female mortality data and UK female labor force participation) and compare the results from our approach to some of the solutions in the literature.

Date: 2012-01-23
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Working Paper: The age-period cohort problem: set identification and point identification (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:azt:cemmap:02/12

DOI: 10.1920/wp.cem.2012.0212

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