Obtaining the information about incomes from EU-SILC data and market analysis

Authors

  • Dr. Milan Terek School of Management in Trencin

DOI:

https://doi.org/10.15549/jeecar.v6i2.313

Keywords:

incomes structure, estimated median and medial incomes, estimated population histogram, estimated inequality of incomes

Abstract

The main goal of the paper is to present the methodology of collecting the detailed information about incomes from the EU-SILC survey useful for market analyses. The application of methods will be illustrated in the EU-SILC 2014 and 2016 data on the Slovak Republic. The population histogram, median, medial, and a measure of inequality based on median and medial of the whole gross household incomes for the whole Slovak Republic and separately for eight Slovak regions are estimated and compared.

Author Biography

Dr. Milan Terek, School of Management in Trencin

Dr. Milan Terek is a full professor at the School of Management in Bratislava (course leader on: Introduction to Statistics, Statistics, Quantitative Methods for Managers, Quantitative methods in Business Management Research). Before he worked at the University of Economics in Bratislava (course leader on: Statistics, Statistical Quality Control, Decision Analysis, Data Mining, Survey Sampling, Linear Programming, Nonlinear Programming, Operations Research, System Modeling). His research activities are oriented on the applications of statistical methods in economics and management. 

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Published

2019-11-21

How to Cite

Terek, M. (2019). Obtaining the information about incomes from EU-SILC data and market analysis. Journal of Eastern European and Central Asian Research (JEECAR), 6(2), 205–219. https://doi.org/10.15549/jeecar.v6i2.313