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This article presents the results of the financial literacy assessment of young Mexican students between the ages of 17 and 24 enrolled in public and private institutions in five Mexican cities. This study's objective was to approach the financial knowledge, behaviors, and attitudes of young Mexicans through focus groups and questionnaires to identify their perceptions of complex thinking and its use for financial products and services. The most relevant findings suggest that (a) most of the young participants in the study use banking services through their parents, (b) there are significant gender differences in financial knowledge and behaviors, (c) critical thinking significantly and positively correlates with financial behaviors and attitudes, and (d) the level of critical thinking predicts financial behavior. There is a need to develop women's critical thinking to discern between the financial behavior they socially imitate and their capabilities to become more involved in financial issues, thus decreasing the gender gap. [ABSTRACT FROM AUTHOR]

Application of quantile regression models with measurement errors in predictors is becoming increasingly popular. High leverage points in predictors can have substantial impacts on these models. Here, we propose a predictive leverage statistic for these models, assuming that the measurement errors follow a multivariate normal distribution, and derive its exact distribution. We compare its performance versus known predictive leverage statistics using simulation and a real dataset. The proposed statistic is shown to have desirable features. It is also the first predictive leverage statistic having its distribution derived in a closed form. [ABSTRACT FROM AUTHOR]

A lack of understanding exists regarding how technology and market knowledge can be incorporated effectively within an organisation's approaches to Innovation and New Product and Service Development (I&NP&SD). We present a previously developed theoretical framework for representing both knowledge creation and idea generation within the process of I&NP&SD. We use this framework to analyse how organisations create and incorporate technology and market knowledge sources and ideas within approaches to I&NP&SD. The theoretical framework is useful in defining the need to create a broad range of technology and market knowledge sources, rather than relying on prescribed linear processes. The new knowledge generated will be subjected to invisible filters within an organisation, which can negate naïve assumptions about acceptance of the new technology and market knowledge. In practice, an eclectic range of quality mechanisms can be used to integrate and incorporate new knowledge within the I&NP&SD approaches. [ABSTRACT FROM AUTHOR]