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...

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Main Authors:	Chaves Castro, Álvaro Hernando, Torres Tamayo, María Constanza, Perdomo Strauch, Alvaro Andrés
格式:	Online
語言:	spa
出版:	Universidad Pedagógica y Tecnológica de Colombia 2024
主題:	Index appreciation depreciation cointegration exchange rate Colombia índice apreciación depreciación cointegración tasa de cambio
在線閱讀:	https://revistas.uptc.edu.co/index.php/cenes/article/view/16689