The Relationship Between the Big Mac Index and Purchasing Power Parity: A Case Study of Colombia
The relevance of the Big Mac as a proxy indicator for Purchasing Power Parity becomes highly significant during periods of high currency depreciation. Are currencies undervalued or overvalued concerning the dollar? Is absolute and relative purchasing power parity (PPP) observed in Colombia? We addre...
Main Authors: | Chaves Castro, Álvaro Hernando, Torres Tamayo, María Constanza, Perdomo Strauch, Alvaro Andrés |
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Format: | Online |
Language: | spa |
Published: |
Universidad Pedagógica y Tecnológica de Colombia
2024
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Subjects: | |
Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/16689 |
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