Currency Valuation and Purchasing Power Parity

Jamal Haidar ()

Working Paper from Harvard University OpenScholar

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.

New Economics Papers: this item is included in nep-ger
References: Add references at CitEc
Citations:

Downloads: (external link)
http://scholar.harvard.edu/haidar/node/310231

Related works:
Journal Article: Currency Valuation and Purchasing Power Parity (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qsh:wpaper:310231

Access Statistics for this paper

More papers in Working Paper from Harvard University OpenScholar Contact information at EDIRC.
Bibliographic data for series maintained by Richard Brandon ( this e-mail address is bad, please contact ).