Title of article :
Contrarian MacParity
Author/Authors :
Click، نويسنده , , Reid W، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1996
Abstract :
Conventional wisdom asserts that PPP does not hold for Big Mac prices. To the contrary, this paper demonstrates that PPP holds in the time-series dimension and that country effects are linked to income, as suggested by the Balassa-Samuelson effect.
Keywords :
Non-traded inputs , Balassa-Samuelson effect , Purchasing power parity , Big Mac index
Journal title :
Economics Letters
Journal title :
Economics Letters
