""Big Mac Affordability"" and Real Income Inequality Across Countries

Orkideh Gharehgozli () and Vidya Atal

No 776, LIS Working papers from LIS Cross-National Data Center in Luxembourg

Abstract: Using the Big Mac Index and focusing on the deciles of the income distribution, we produce a descriptive study of real income inequality from households in 29 countries and for period 2000 to 2013. Using daily Big Mac Affordability (BMA), we rank and show differences in the living standards and the purchasing power of individuals belonging to different income deciles in these countries. We also provide a multidimensional \Big Mac real"" income inequality analysis by looking at Coefficient of Variation as well as the share of bottom to top decile BMA (as a measures of dispersion) across countries.

JEL-codes: D31 O57 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2019-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Applied Economics Letters, 27, no.16 (2020): 1352-1356. https://doi.org/10.1080/13504851.2019.1679342

Downloads: (external link)
http://www.lisdatacenter.org/wps/liswps/776.pdf (application/pdf)

Related works:
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:lis:liswps:776

Access Statistics for this paper

More papers in LIS Working papers from LIS Cross-National Data Center in Luxembourg Contact information at EDIRC.
Bibliographic data for series maintained by Piotr Paradowski ().