Exchange Rates Dependence: What Drives It?

Heterogeneous Exchange Rate Pass-Through in Mexico: What Drives It?

This paper focuses on the pass-through of exchange rate fluctuations into prices of final goods and services, and examines whether contrasting pass-through rates are associated with regionaland/or product-specific characteristics. Using CPI microdata, we estimate industry-specific rates of pass-through across regions in Mexico. By looking at within country price responses, this study alleviates...

What is trustworthiness and what drives it?

This paper reports the results of experiments designed to isolate the impact of various combinations of the following motives on trustworthiness: (i) unconditional other-regarding preferences — like altruism, inequality aversion, quasi-maximin, etc.; (ii) deal-responsiveness — reacting to actions that allow for a mutual improvement by adopting behavior that implies a mutual improvement; (iii) g...

Store Loyalty as a Category - Specific Trait – What Drives It ?

The literature on store loyalty views a consumer as possessing store loyalty towards a particular store for her/his overall grocery shopping needs. In this study, we show that store loyalty is a category-specific trait of a consumer. In other words, while a given customer may be loyal to Store A in category 1, the same customer may be loyal to Store B in category 2. We call this store-category ...

Flow in e-learning: What drives it and why it matters

This paper seeks to explain why some individuals sink further into states of flow than others, and what effects flow has in the context of a virtual education environment. Our findings—gathered from both questionnaire and behavioural data—reveal that flow states are elicited by the e-learners’ senses of controlling the virtual education environment, their attention centred on the learning activ...

Nonlinearity In Exchange Rates and Forecasting