TR
EN
The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries
Abstract
The study aims to measure the relationship between labor market indicators and quality of life. 35 OECD countries were selected as a sample and the data set for the year 2018 was studied. The relevant data set was obtained from the sub-variables of the Better Life Index included in the OECD statistics. The hypothesis that is the subject of the research has been tested by Canonical Correlation Analysis. The labor market canonical variable was measured on the basis of labor market indicators of employment rate, personal earning, long-term unemployment rate and labor market insecurity variables. The canonical variable of quality of life is formed by the variables life expectancy, self-reported health and life satisfaction. As a result of the study, according to the 2018 Better Life Index data in OECD member countries; the variable that contributes the most to obtaining the labor market canonical variable is personal earning also, there is a negative correlation between labor market and labor market insecurity and long-term unemployment rate, and a positive correlation between labor market and employment rate and personal earnings. It was determined that the life satisfaction variable contributed the most in obtaining the canonical variable of quality of life also, there is a positive correlation between quality of life and life expectancy, self-reported health and life satisfaction. A strong positive correlation between the labor market and quality of life canonical variables is among the findings.
Keywords
References
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Details
Primary Language
English
Subjects
Economics
Journal Section
Research Article
Authors
Publication Date
January 15, 2022
Submission Date
December 10, 2021
Acceptance Date
January 9, 2022
Published in Issue
Year 2022 Volume: 5 Number: 1
APA
Yalçın, E. C. (2022). The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries. Uluslararası Ekonomi Siyaset İnsan Ve Toplum Bilimleri Dergisi, 5(1), 17-28. https://izlik.org/JA27NH79ZG
AMA
1.Yalçın EC. The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries. Uluslararası Ekonomi Siyaset İnsan ve Toplum Bilimleri Dergisi. 2022;5(1):17-28. https://izlik.org/JA27NH79ZG
Chicago
Yalçın, Esin Cumhur. 2022. “The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries”. Uluslararası Ekonomi Siyaset İnsan Ve Toplum Bilimleri Dergisi 5 (1): 17-28. https://izlik.org/JA27NH79ZG.
EndNote
Yalçın EC (January 1, 2022) The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries. Uluslararası Ekonomi Siyaset İnsan ve Toplum Bilimleri Dergisi 5 1 17–28.
IEEE
[1]E. C. Yalçın, “The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries”, Uluslararası Ekonomi Siyaset İnsan ve Toplum Bilimleri Dergisi, vol. 5, no. 1, pp. 17–28, Jan. 2022, [Online]. Available: https://izlik.org/JA27NH79ZG
ISNAD
Yalçın, Esin Cumhur. “The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries”. Uluslararası Ekonomi Siyaset İnsan ve Toplum Bilimleri Dergisi 5/1 (January 1, 2022): 17-28. https://izlik.org/JA27NH79ZG.
JAMA
1.Yalçın EC. The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries. Uluslararası Ekonomi Siyaset İnsan ve Toplum Bilimleri Dergisi. 2022;5:17–28.
MLA
Yalçın, Esin Cumhur. “The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries”. Uluslararası Ekonomi Siyaset İnsan Ve Toplum Bilimleri Dergisi, vol. 5, no. 1, Jan. 2022, pp. 17-28, https://izlik.org/JA27NH79ZG.
Vancouver
1.Esin Cumhur Yalçın. The Relationship Between Labor Market Indicators and Quality of Life: Canonical Correlation Analysis for the OECD Countries. Uluslararası Ekonomi Siyaset İnsan ve Toplum Bilimleri Dergisi [Internet]. 2022 Jan. 1;5(1):17-28. Available from: https://izlik.org/JA27NH79ZG