The Big Mac Index
eBook - PDF

The Big Mac Index

Applications of Purchasing Power Parity

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

The Big Mac Index

Applications of Purchasing Power Parity

About this book

PPP is one of the most widely researched areas in international finance and one of the most controversial in the theory of exchange rate determination. This book demonstrates the applications of Purchasing Power Parity in exchange rate determination as well as more practical applications of salary comparison and the cost-of living across borders. It uses The Economist's annual Big Mac Index in place of the traditional basket of services used in PPP research. The author demonstrates that this is a good solution to the index-number problem since it is readily available and more appealing as an international monetary standard. The book also shows how The Big Mac Index could have been used to predict the Asian Currency Crisis and the Mexican Peso stand-off where more traditional economic measures failed.

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Yes, you can access The Big Mac Index by L. Ong in PDF and/or ePUB format, as well as other popular books in Business & Corporate Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Palgrave Macmillan
Year
2003
Print ISBN
9781403903105
eBook ISBN
9780230512412
Topic
Business
Subtopic
Corporate Finance
Index
Business

Table of contents

  1. Cover
  2. Half-Title
  3. Title
  4. Copyright
  5. Dedication
  6. Contents
  7. List of Tables
  8. List of Figures
  9. Foreword
  10. Preface
  11. Acknowledgements
  12. Notes on the Contributors
  13. 1 Purchasing Power Parity: A Survey of the Issues
  14. 2 The Growing Evidence on Purchasing Power Parity
  15. 3 The Economics of the Big Mac Standard
  16. 4 'Burgernomics' and the ASEAN Currency Crisis
  17. 5 Big Macs and Wages To Go, Please: Comparing the Purchasing Power of Earnings Around the World
  18. 6 Professors and Hamburgers: An International Comparison of Real Academic Salaries
  19. Index