Currencies, commodities and consumption
(eBook)
Author
Contributors
Published
Cambridge [England] ; New York : Cambridge University Press, 2013.
Physical Desc
xvii, 381 pages : ill.
Status
More Details
Format
eBook
Language
English
Notes
Bibliography
Includes bibliographical references and indexes.
Description
"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"--,Provided by publisher.
Reproduction
Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
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Citations
APA Citation, 7th Edition (style guide)
Clements, K. W. (2013). Currencies, commodities and consumption . Cambridge University Press.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Clements, Kenneth W., 1950-. 2013. Currencies, Commodities and Consumption. Cambridge University Press.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Clements, Kenneth W., 1950-. Currencies, Commodities and Consumption Cambridge University Press, 2013.
MLA Citation, 9th Edition (style guide)Clements, Kenneth W. Currencies, Commodities and Consumption Cambridge University Press, 2013.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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Grouped Work ID
e8d199b2-e151-4eac-8873-6bf05171678b-eng
Grouping Information
| Grouped Work ID | e8d199b2-e151-4eac-8873-6bf05171678b-eng |
|---|---|
| Full title | currencies commodities and consumption |
| Author | clements kenneth w |
| Grouping Category | book |
| Last Update | 2022-06-07 21:23:19PM |
| Last Indexed | 2024-05-30 05:35:23AM |
Book Cover Information
| Image Source | default |
|---|---|
| First Loaded | Apr 8, 2024 |
| Last Used | Apr 8, 2024 |
Marc Record
| First Detected | Aug 09, 2021 01:52:13 PM |
|---|---|
| Last File Modification Time | Nov 22, 2021 09:50:00 AM |
MARC Record
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| 050 | 4 | |a HB225|b .C54 2013 | |
| 082 | 0 | 4 | |a 339.3|2 23 |
| 100 | 1 | |a Clements, Kenneth W.,|d 1950- | |
| 245 | 1 | 0 | |a Currencies, commodities and consumption|h [eBook] /|c Kenneth W. Clements. |
| 260 | |a Cambridge [England] ;|a New York :|b Cambridge University Press,|c 2013. | ||
| 300 | |a xvii, 381 p. :|b ill. | ||
| 504 | |a Includes bibliographical references and indexes. | ||
| 505 | 8 | |a Machine 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"--|c Provided by publisher. | ||
| 533 | |a Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. | ||
| 650 | 0 | |a Consumer price indexes. | |
| 650 | 0 | |a Cost and standard of living. | |
| 650 | 0 | |a Purchasing power parity. | |
| 650 | 0 | |a Foreign exchange. | |
| 655 | 4 | |a Electronic books. | |
| 710 | 2 | |a ProQuest (Firm) | |
| 856 | 4 | 0 | |u http://ebookcentral.proquest.com/lib/yavapai-ebooks/detail.action?docID=1099862|x Yavapai College|y Yavapai College users click here to access |
| 856 | 4 | 0 | |u http://ebookcentral.proquest.com/lib/prescottcollege-ebooks/detail.action?docID=1099862|x Prescott College|y Prescott College users click here to access |
| 856 | 4 | 0 | |u http://ebookcentral.proquest.com/lib/yln-ebooks/detail.action?docID=1099862|x Yavapai Library Network|y All other users click here to access |
| 945 | |a E-Book | ||
