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Principal components analysis of employment in Eastern Europe

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  • Savić Mirko

Abstract

For the last decade, the employment structure is one of the fastest changing areas of Eastern Europe. This paper explores the best methodology to compare the employment situations in the countries of this region. Multivariate statistical analyses are very reliable in portraying the full picture of the problem. Principal components analysis is one of the simplest multivariate methods. It can produce very useful information about Eastern European employment in a very easy and understandable way.

Suggested Citation

  • Savić Mirko, 2011. "Principal components analysis of employment in Eastern Europe," Вестник Омского университета. Серия «Экономика», CyberLeninka;Федеральное государственное бюджетное образовательное учреждение высшего образования «Омский государственный университет им. Ф.М. Достоевского», issue 2, pages 41-47.
    • Handle: RePEc:scn:025682:14487964
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