Multiple correspondence analysis, Clustering and Tandem Analysis through a basic income analysis example

Abstract Okay… So there were several basic income experiments launched in 2017, Finland started a two-year experiment by giving 2,000 unemployed citizens approximately $600 a month. In the Silicon Valley, Y Combinator, announced in mid-2016 that it would begin paying out monthly salaries between $1,000 and $2,000 a month to 100 families in Oakland, while in Utrecht, Netherland 250 Dutch citizens will receive about $1,100 per month. These are just three of the already launched experiments, and their aim is to measure how basic income could provide new structure for social security and to see how people’s… Read More

Principal Component Analysis through the Happiness Index exemple

Abstract What determines happiness? Why countries are more (or less) happy than other ones? In 2017, Norway tops the global happiness ranking, made as an annual publication of the United Nations Sustainable Development Solutions Network. In this article, we use their data to show correlations of the variables used in this Index, furthermore we analyse the countries with the help of the Principal Component Analysis technic.