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Burgernomics: A Big Mac™ Guide to Purchasing Power Parity.

Authors :
Pakko, Michael R.
Pollard, Patricia S.
Source :
Review (00149187); Nov/Dec2003, Vol. 85 Issue 6, p9-27, 19p, 5 Charts, 7 Graphs
Publication Year :
2003

Abstract

Discusses the theory of purchasing power parity as one of the foundations of international economics using international hamburger prices. Illustration of the principles and limitations of purchasing power parity; Indicators of purchasing power parity worldwide in 2000; Barriers to the trade; Explanation for the deviations from purchasing power parity.

Subjects

Subjects :
PURCHASING power parity
FOREIGN exchange
PURCHASING power
CONSUMPTION (Economics)
ECONOMIC indicators

Details

Language :
English
ISSN :
00149187
Volume :
85
Issue :
6
Database :
Complementary Index
Journal :
Review (00149187)
Publication Type :
Academic Journal
Accession number :
11540299
Full Text :
https://doi.org/10.20955/r.85.9-28
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