Period effect
\ˈpɪriəd\ \ɪˈfɛkt\
A common way to analyse historical mortality improvements is to break them down into three components: age, period and cohort. Period effects relate to factors that affect all age groups at a particular time.
\ˈpɪriəd\ \ɪˈfɛkt\
A common way to analyse historical mortality improvements is to break them down into three components: age, period and cohort. Period effects relate to factors that affect all age groups at a particular time.