Terms vs Burgernomics - What's the difference?
terms | burgernomics |
An informal measurement of the purchasing power parity between currencies]], based on the price of a Big Mac in various [[country, countries.
* 1995 , James W Eaton, Frederic S Mishkin, 1995 readings to accompany Mishkin, The economics of money, banking, and financial markets
* 1998 , Nick Perry, Hyperreality and global culture
* 2004 , Adrian Buckley, Multinational Finance
* 2008 , Glen Arnold, Corporate Financial Management
* 2009 , Theo S Eicher, John H Mutti, Michelle H Turnovsky, Robert M Dunn, International Economics
As nouns the difference between terms and burgernomics
is that terms is while burgernomics is an informal measurement of the purchasing power parity between currencies]], based on the price of a big mac in various [[country|countries.burgernomics
English
Noun
(-) (wikipedia burgernomics)- Burgernomics is based upon the theory of purchasing-power parity (PPP)...
- Both The Economist's and Smart's study move at the intersection between burgernomics and burgerology. But they also move across each other and thereby point to a more general contrast.
- Light-hearted burgernomics has become a matter of increasing academic interest and has spawned many articles and even a whole book by Ong (2003) of the International Monetary Fund.
- Burgernomics hints that their currencies are a little overcooked.
- Curiously, however, burgernomics has an impressive record in predicting exchange rates: currencies that show up as overvalued often tend to weaken in later years.