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Various 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....
Persistent link: https://www.econbiz.de/10009486105
<p>"Only entropy comes easily" - Anton Chekhov <p>Various 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...</p></p>
Persistent link: https://www.econbiz.de/10009649767
Various 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....
Persistent link: https://www.econbiz.de/10010288329