Canonical correlations and its application to economics, 1979

The main purpose of this thesis is twofold: first, to discuss and explain the canonical correlations theory in simpler mathematics than the mathematics used by H. Hotellingthe originator of the concept; secondly, to show the application of this concept, in theoretical statistics, to the reduced form of the simultaneous equations, and in applied field, to an economic model. This way the conceptwhich is a generalization of the simple correlation coefficient theorymay become more well-known and popular. This simplification of mathematics of the concept shows how important is this concept in multivariate analysis as well as in applied fields