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The Big Mac Index - Applications of Purchasing Power Parity (Hardcover, 2003 ed.) Loot Price: R2,628
Discovery Miles 26 280
Repayment Terms: R246 pm x 12*
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The Big Mac Index - Applications of Purchasing Power Parity (Hardcover, 2003 ed.): Long

The Big Mac Index - Applications of Purchasing Power Parity (Hardcover, 2003 ed.)

Long

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Loot Price R2,628 Discovery Miles 26 280 | Repayment Terms: R246 pm x 12*

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This book demonstrates the applications of Purchasing Power Parity (PPP) 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.

General

Imprint: Palgrave Macmillan
Country of origin: United States
Release date: March 2003
First published: 2003
Authors: Long
Dimensions: 216 x 140 x 13mm (L x W x T)
Format: Hardcover
Pages: 126
Edition: 2003 ed.
ISBN-13: 978-1-4039-0310-5
Categories: Books > Business & Economics > Economics > Economic forecasting
Books > Business & Economics > Economics > International economics > General
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LSN: 1-4039-0310-7
Barcode: 9781403903105

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