The aim of this paper is to analyze entrepreneurial activity in OECD countries over the period 1999-2012 in order to make a distinction between economies that are more or less entrepreneurial. A combined use of multidimensional and evolutive data analysis methods is used with variables...

Due to their well-known indeterminacies, factor models require identifying assumptions to guarantee unique parameter estimates. For Bayesian estimation, these identifying assumptions are usually implemented by imposing constraints on certain model parameters. This strategy, however, may result...

We study the importance of noncognitive skills in explaining differences in the labor market performance of individuals by means of machine learning techniques. Unlike previous em- pirical approaches centering around the within-sample explanatory power of noncognitive skills our approach focuses...

In this research, we propose the bootstrap procedure as a method for train/test splitting in machine learning algorithms for classification. We show that this resampling method can be a reliable alternative to cross validation and repeated random test/train splitting algorithms. The bootstrap...

In the context of demographic changes and active aging in the workplace, managing age diversity contributes to creating new perspectives across the entire field of human resource management. The main objective of this paper is to determine the impact of appropriate working conditions and...

Digitization in the tourism sector beside hospitality information systems application as its integral part has also led to the application of on-line booking systems, which enable the booking of the desired tourist arrangement via the Internet. Consequently, the emergence of the e-booking...

Romania's significant agricultural productive potential can fully cover domestic demand and can ensure important export deliveries. However, the yield of cereal production is below the European Union average. Of these, an important place is occupied by wheat production. Taking into account these...

Azerbaijan has an oil-led economy, which according to the well-known resource curse and Dutch disease hypotheses decreases the role of non-oil tradable sectors. Nevertheless, the government has actively fostered the growth of non-oil tradable sectors as the export orientation of Azerbaijan is...

The confirmed approach to choosing the number of principal components for prediction models includes exploring the contribution of each principal component to the total variance of the target variable. A combination of possible important principal components can be chosen to explain a big part...

Implementation and usage of the latest inventions in information technology provides enterprises better position on the global market. Radio Frequency Identification (RFID) presents the innovative information technology that can change and improve many of the enterprises collaboration operations...