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- W1665947173 abstract "This paper aims to highlight key limitations of “The Economist” magazine’s Big Mac Index (BMI). The Economist markets the BMI as a tool to determine valuation of currencies. This paper shows that the BMI is a misleading measure of currency valuation for economies whose markets are structurally different from the benchmark currency countries." @default.
- W1665947173 created "2016-06-24" @default.
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- W1665947173 date "2011-01-01" @default.
- W1665947173 modified "2023-09-26" @default.
- W1665947173 title "Currency Valuation and Purchasing Power Parity" @default.
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- W1665947173 doi "https://doi.org/10.2139/ssrn.1864343" @default.
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