Because loyal consumers are less likely to switch to competitors and because they are more tolerant toincreases in price than non-loyal consumers, one of the main aims of firms is the “generation” of loyal consumers.But what is consumer loyalty? The marketing literature emphasises that for...

Este documento describe los principales resultados de la tercera ola de la encuesta española sobre formación de salarios realizada en el marco de la red de investigación del ESCB sobre la dinámica salarial (WDN, por sus siglas en inglés). Su principal objetivo es proporcionar información...

Covers conditions under which public-sector policies, programs, and projects succeed in enhancing the economic activities of poorer groups and micro-regions in developing countries. Topics include local economic development; small enterprises; various forms of collective action; labor and worker...

This paper delves into China’s differential growths in trade flows with high income and developing countries by focusing on bilateral content of trade data over the time period 1978-2005. Unlike other studies, we account for end use of traded goods ranging from primary, intermediate, and...

This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market...

The purpose of this thesis is to examine the impact of International Monetary Fund (IMF) loans since the adoption of the governance mandate on overall government capability. The study will explore whether the presence of IMF loans in developing countries enhances state capacity. Administrative...

In the 1950s and 60s, the American view of foreign direct investment(FDI) in emerging markets, then called less-developed or developing countries, was that it was desirable for three reasons: as a vehicle for economic development and a partial substitute for foreign aid; to promote economic...