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This paper proposes a methodology to jointly generate optimal forecasts from an autoregression of order p for 1 to h steps ahead. The relevant model is a Partial Least Squares Autoregression, which is positioned in between a single AR(p) model for all forecast horizons and different AR models...
Persistent link: https://www.econbiz.de/10005450912
The paper at hand presents a customer satisfaction model for the private banking industry. We empirically assess the postulated model with the help of partial least squares (PLS) and use formative measurement models for the predictors of customer satisfaction and customer loyalty. The results of...
Persistent link: https://www.econbiz.de/10011096060
The massive amount of data collected from industrial processes has challenged researchers and practitioners, turning variable selection into a research topic of interest both in academia and in industry. The use of redundant, irrelevant, and noisy variables tends to compromise the performance of...
Persistent link: https://www.econbiz.de/10011093675
This study aims to examine the role of a specific type of organizational leadership – knowledge-oriented leadership – in knowledge management (KM) initiatives that seek to achieve innovation. An analysis of the knowledge-based view of the firm gives rise to several hypotheses, with...
Persistent link: https://www.econbiz.de/10011117151
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/10011210453
This paper reviews various treatments of non-metric variables in Partial Least Squares (PLS) and Principal Component Analysis (PCA) algorithms. The performance of different treatments is compared in the extensive simulation study under several typical data generating processes and...
Persistent link: https://www.econbiz.de/10011212213
In this paper the Social Institutions and Gender Index (SIGI) is constructed with Principal Component Analysis (PCA) and Partial Least Squares (PLS). Using the SIGI, we test the effects of social institutions related to gender inequality on several development outcomes, such as female education,...
Persistent link: https://www.econbiz.de/10011212214