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Our most academic publication offers research and surveys on monetary policy, national and international developments, banking, and more. The content is written for an economically informed readership—from the undergraduate student to the PhD.

Vol. 85, No. 6 (Posted 2003-11-01)

Burgernomics: A Big Mac™ Guide to Purchasing Power Parity

by Michael R. Pakko and Patricia S. Pollard

McEcon? What can two all beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun tell us about economics? Plenty. Economists Michael Pakko and Patricia Pollard use worldwide Big Mac prices to study the law of one price.

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