Wage Collective Bargaining and Employee Voluntary Quits: A Romanian Empirical Analysis
In this paper, we analyze Hirschman's "voice-exit" theory on the Romanian labour market. In other words, we study the relationship between wage collective bargaining and employee voluntary departures. We assess a kernel matching estimator on a recent Romanian survey of 783 firms. We highlight that, in Romania, before the integration to the European Union, wage collective bargaining implies a weakly significant increase in the probability of experiencing voluntary separations. This result is contrary to the relationship found in empirical studies implemented on developed countries.
Finding the main influencers in brand indicators is a challenge for every marketing manager and researchers working in the branding investments area. How much to invest, which is the proper media channel mix or what is the influence of brand heritage are the questions of interest and which the paper responds to. Therefore, this paper is aiming to analyze the brand performance indicators in 2018 (awareness, trial and usage) for over 700 brands in Romania based on their investment on each media channel for 2014-2018 period and 2014 brand indicators. As for characterization of media investment 47 variables were retained, principal component analysis was used for reducing factors of influence. Thus, four main components were retrieved: media investment in absolute measures, main and second proportion in terms of media channel mix, and qualitative aspects of the brand. In conclusion, some multivariate regressions were built for identifying impact on each 2018 brand indicator using the four principal components and 2014 levels of the brand indicators.
Quality of life is a broad multidimensional concept that usually includes both objective and subjective evaluations of positive and negative aspects of life.
This paper analyzes the interdependencies between the nine dimensions of quality of life in EU countries, based on objective indicators according to EUROSTAT approach.
The main objective of this paper is to identify some patterns among EU countries and some directions of improvement of quality of life in Romania by using correlation analysis, principal component analysis and cluster methods. There are identified three main dimensions of quality of life: Material dimension, Social dimension and Educational and environmental dimension. Moreover there are identified three clusters among EU countries: one with high levels of all dimensions, one with high levels of Material dimension but low levels of Social dimension and the third one with low levels of Material dimension and Educational and environmental dimension. Romania is included in the third cluster with a high level on Social dimension but a low level in Material dimension and Educational and environmental dimension.