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October 28, 2014

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Purchasing Power Parity 101 – A Beginner’s Guide

October 28, 2014
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Purchasing Power Parity Explained If you have spent any amount of time with the Big Mac Index, then you have certainly come across the term “Purchasing Power Parity”.  The Economist’s official Big Mac Index page states that the Big Mac Index is “based on the theory of purchasing-power partiy (PPP)” but what does that mean? […]

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Big Mac Index 2014

January 24, 2014
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Click here to download the complete spreadsheet. Big Mac Index information is from the Economist, click here for the Kindle version of the Economist.     Country local_price dollar_ex dollar_price dollar_ppp dollar_valuation dollar_adj_valuation euro_adj_valuation sterling_adj_valuation yen_adj_valuation yuan_adj_valuation Argentina 21 6.92 3.03 4.54 -34.39 2.58 -11.95 -6.88 55.73 1.36 Australia 5.05 1.13 4.47 1.09 -3.26 -17.60 […]

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Big Mac Index Publishing Dates

June 17, 2013
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Big Mac Index 1986 September 6, 1986 Big Mac Index 1987 January 17, 1987 Big Mac Index 1988 April 2, 1988 Big Mac Index 1989 April 15, 1989 Big Mac Index 1990 May 5, 1990 Big Mac Index 1991 April 13, 1991 Big Mac Index 1992 April 18, 1992 Big Mac Index 1993 April 17, […]

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Buying a house in college

May 4, 2013
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This is the summary …. 1.  Searched Craigslist for home sellers willing to sell their house on a land contract and eventually found one that made financial sense (see below for details on land contracts). 2.  Borrowed $5,000 from my parents and used $10,000 that I had saved up as a down payment.  The sale […]

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Big Mac Index 2013

January 27, 2013
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Click here to download the complete spreadsheet. Big Mac Index information is from the Economist, click here for the Kindle version of the Economist. Country Big Mac prices in local currency Big Mac prices in dollars* Implied PPP† of the dollar Actual dollar exchange rate January 2013 Under (-)/ over (+) valuation against the dollar, […]

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McDonalds locations per person

December 1, 2012
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According to the Malaysian Insider … Switzerland has one McDonalds location per 52,300 people. The United States had one McDonald’s location per 24,585 people. McDonalds is setting their sights on China as the next big area for growth. For more info, see here.

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World’s most expensive cities … Big Macs and Iphones

September 24, 2012
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It takes on average 18 minutes of work to buy a Big Mac in Norway (according to the 2012 Big Mac Index) and 36 hours to buy and Iphone.  Zurich is the second most expensive city polled.  Tokyo?  Only 9 minutes to buy a Big Mac … not to shabby.  Nairobi?  Yeah, that will take […]

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China, Romney, and the Big Mac Index

September 10, 2012
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So is the China bashing coming out of the republican party justified?  The charge is that China is using their foreign reserves to keep their currency, the Yuan, undervalued.  This stimulates their exports by making them cheaper to foreign purchasers.  The problem is … according to the Big Mac Index of 2012, this is becoming […]

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How well is the Euro priced? Pretty well according to SocGen.

September 4, 2012
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Check out the following chart which was compiled by SocGen and used data from the 2012 Big Mac Index.  Apparently the Euro is priced correctly according to the Big Mac Index.  That’s pretty interesting considering the turmoil surrounding the Euro.  As the article states “The Euro’s problems are not with “valuation”, but with “survivability”.  

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