000			02967nam a2200421 a 4500
001			EBC1099862
003			MiAaPQ
005			20240120134309.0
006			m o d |
007			cr cn|||||||||
008			120821s2013 enkad sb 001 0 eng d
010			_z 2012033995
020			_z9781107014763
020			_a9781139612173 (electronic bk.)
035			_a(MiAaPQ)EBC1099862
035			_a(Au-PeEL)EBL1099862
035			_a(CaPaEBR)ebr10643437
035			_a(CaONFJC)MIL425557
035			_a(OCoLC)828245909
040			_aMiAaPQ _cMiAaPQ _dMiAaPQ
050		4	_aHB225 _b.C54 2013
082	0	4	_a339.3 _223
100	1		_aClements, Kenneth W., _d1950-
245	1	0	_aCurrencies, commodities and consumption _h[electronic resource] / _cKenneth W. Clements.
260			_aCambridge [England] ; _aNew York : _bCambridge University Press, _c2013.
300			_axvii, 381 p. : _bill.
504			_aIncludes bibliographical references and indexes.
505	8		_aMachine generated contents note: 1. Introduction; Part I. Exchange Rates and Prices: 2. Purchasing power parity theory and the Big Mac Index; 3. Commodity currencies and currency commodities; Part II. Commodity Prices: 4. Three facts about marijuana prices; 5. Patterns in world metal prices; Part III. International Patterns of Incomes, Prices and Consumption: 6. Disparities in incomes and prices internationally; 7. Affluence and food: a simple way to infer incomes.
520			_a"Currency values, prices, consumption and incomes are at the heart of the economic performance of all countries. In order to make a meaningful comparison between one economy and another, economists routinely make use of purchasing power parity (PPP) exchange rates, but whilst PPP rates are widely used and well understood they take a lot of effort to produce and suffer from publication delays. Currencies, Commodities and Consumption analyses the strengths and weaknesses of two alternatives to PPP. Firstly, the so-called 'Big Mac Index' which uses hamburger prices as a standard of measurement and secondly, a less well known technique which infers incomes across countries based on the proportion of consumption devoted to food. Kenneth Clements uses international macroeconomics, microeconomic theory and econometrics to provide researchers and policy makers with insights into alternatives to PPP rates and make sense of the ongoing instability of exchange rates and commodity prices"-- _cProvided by publisher.
533			_aElectronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
650		0	_aConsumer price indexes.
650		0	_aCost and standard of living.
650		0	_aPurchasing power parity.
650		0	_aForeign exchange.
655		4	_aElectronic books.
710	2		_aProQuest (Firm)
856	4	0	_uhttps://ebookcentral.proquest.com/lib/bacm-ebooks/detail.action?docID=1099862 _zClick to View
999			_c88860 _d88860