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Does the Big Mac Predict Exchange Rates?
Robert Dunn
Challenge , 2007, vol. 50, issue 3, pages 113-122
Abstract:
Traders, political analysts, and even tourists are always looking for ways to forecast changes in the value of currencies. But this economist finds that no models predict well, including the Economist's Big Mac Index.
Date: 2007
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Persistent link: http://EconPapers.repec.org/RePEc:mes:challe:v:50:y:2007:i:3:p:113-122
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