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- W2093209587 abstract "Since 1986 The Economist annually computes exchange rate over- or undervaluation using the prices of McDonald's Big Mac hamburger in different currencies. In this paper we tested whether currency portfolios based on these so-called misalignments earned the German, the Japanese or the U.S. investor an excess return. In general, we find such excess returns when misalignments are computed with reference to a relative version of PPP." @default.
- W2093209587 created "2016-06-24" @default.
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- W2093209587 date "1997-01-01" @default.
- W2093209587 modified "2023-10-16" @default.
- W2093209587 title "The Big Mac: More than a junk asset allocator?" @default.
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- W2093209587 doi "https://doi.org/10.1016/s1057-5219(97)90001-6" @default.
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