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- Title
Bérelőrejelzések - prediktorok és tanulságok.
- Authors
Takács, Olga; Vincze, János
- Abstract
The paper investigates the Hungarian “wage equation” using data-mining techniques. The first is CART (Classification and Regression Trees) methodology, which usually yields clearly interpretable results. Though the technique is fundamentally “predictive”, the authors formulate certain substantive guesses about wage formation in Hungary in 2015. They then check the robustness of their findings with the “random forest” algorithm, which is seen as superior to CART as a predictive device, but is less amenable to separation of the effects of individual variables.
- Publication
Economic Review / Kozgazdasagi Szemle, 2018, Vol 65, p592
- ISSN
0023-4346
- Publication type
Article
- DOI
10.18414/KSZ.2018.6.592