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Analyze age voucher

Analyze age voucher easily

Aug 6th, 2022

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How to analyze age voucher

4.9 out of 5

51 votes

Age, period, and cohort effects can influence how health changes over time. Age effects involve individuals becoming less healthy as they get older, period effects show everyone getting healthier due to medical advancements, and cohort effects imply people being born healthier than previous generations. These effects can all exist simultaneously, but separating them is challenging because they are collinear. Knowing an individual's age and the year they are being measured also reveals their cohort, making it difficult to distinguish between the three effects.

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