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This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
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Anleihenrenditen-Verteilung; Festzinsanlagen-Portfolios; Hauptkomponentenanalyse; Kredit-Rating; Nicht …
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Republic of Korea; Malaysia; and Singapore, using a principal component analysis (PCA) methodology from Hatzius et al. (2010 …
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Common factor analysis (CFA) and principal component analysis (PCA) are widely used multivariate techniques. Using … simulations, we compared CFA with PCA loadings for distortions of a perfect cluster configuration. Results showed that nonzero PCA … loadings were higher and more stable than nonzero CFA loadings. Compared to CFA loadings, PCA loadings correlated weakly with …
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