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In this paper, we compare Principal Component Analysis (PCA) and Partial Least Squares (PLS) methods to generate weights for composite indices. In this context we also consider various treatments of non-metric variables when constructing such composite indices. Using simulation studies we find...
Persistent link: https://www.econbiz.de/10010496759
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization …-2004 period. According to our results, physical integrity rights significantly and robustly increase with globalization and …
Persistent link: https://www.econbiz.de/10010274933
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization …-2004 period. According to our results, physical integrity rights significantly and robustly increase with globalization and …
Persistent link: https://www.econbiz.de/10010311692
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (compensation hypothesis). Employing two different datasets and various measures of globalization, we analyze whether … globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we examine the …
Persistent link: https://www.econbiz.de/10010285894
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization ("compensation hypothesis"). Employing two different datasets and various measures of globalization, we analyze … whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we …
Persistent link: https://www.econbiz.de/10003348652
There has been no shortage of theories which purport to explain why globalisation may have, adverse, insignificant or even beneficial effects on income and earnings inequality. Surprisingly, the empirical realities remain an almost complete mystery. In this paper we use data on industrial wage...
Persistent link: https://www.econbiz.de/10003348663
of globalization on human development. Given that the concept of globalization reflects a multitude of economic and … the channels through which less researched facets of globalization affect human lives. Specifically, the first essay … scrutinizes the role of informational globalization, characterized by the exchange of information. It focuses on the s... …
Persistent link: https://www.econbiz.de/10011309263
Ein zusammengesetzter Index ist eine aggregierte Variable, die aus individuellen Indikatoren und Gewichten besteht, wobei die Gewichte die relative Wichtigkeit jedes Indikators darstellen. Zusammengesetzte Indizes werden oft benutzt um latente Phänomene zu schreiben oder komplexe Informationen...
Persistent link: https://www.econbiz.de/10011349612
For a number of OECD countries, the deterioration of labour market outcomes for less-skilled workers since the early 1980's has coincided with a steady decline in union membership. Globalisation is commonly believed to have contributed to both developments. However, recent studies fail to find...
Persistent link: https://www.econbiz.de/10003289315
Persistent link: https://www.econbiz.de/10001913493