Turning the Big Mac Index into the Medical MAC Index
نویسندگان
چکیده
منابع مشابه
Does PPP hold for Big Mac price or consumer price index? Evidence from panel cointegration
This paper examines the validity of purchasing power parity (PPP) using CPI and Big Mac prices. The benchmark model, i.e., the OLS method, which does not take nonstationarity into account, rejects the hypothesis of PPP regardless of prices used. We next use the panel cointegration method to consider the nonstationary nature of variables. Estimated results for CPI are mixed. The PPP is rejected ...
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ژورنال
عنوان ژورنال: Southern African Journal of Anaesthesia and Analgesia
سال: 2013
ISSN: 2220-1181,2220-1173
DOI: 10.1080/22201173.2013.10872946