Currencies, commodities and consumption / Kenneth W. Clements.
"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 wide...
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Year of Publication: | 2013 |
Language: | English |
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Physical Description: | xvii, 381 p. :; ill. |
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(MiAaPQ)5001099862 (Au-PeEL)EBL1099862 (CaPaEBR)ebr10643437 (CaONFJC)MIL425557 (OCoLC)828245909 |
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Clements, Kenneth W., 1950- Currencies, commodities and consumption [electronic resource] / Kenneth W. Clements. Cambridge [England] ; New York : Cambridge University Press, 2013. xvii, 381 p. : ill. Includes bibliographical references and indexes. 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. "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. Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. Consumer price indexes. Cost and standard of living. Purchasing power parity. Foreign exchange. Electronic books. ProQuest (Firm) https://ebookcentral.proquest.com/lib/oeawat/detail.action?docID=1099862 Click to View |
language |
English |
format |
Electronic eBook |
author |
Clements, Kenneth W., 1950- |
spellingShingle |
Clements, Kenneth W., 1950- Currencies, commodities and consumption 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. |
author_facet |
Clements, Kenneth W., 1950- ProQuest (Firm) ProQuest (Firm) |
author_variant |
k w c kw kwc |
author2 |
ProQuest (Firm) |
author2_role |
TeilnehmendeR |
author_corporate |
ProQuest (Firm) |
author_sort |
Clements, Kenneth W., 1950- |
title |
Currencies, commodities and consumption |
title_full |
Currencies, commodities and consumption [electronic resource] / Kenneth W. Clements. |
title_fullStr |
Currencies, commodities and consumption [electronic resource] / Kenneth W. Clements. |
title_full_unstemmed |
Currencies, commodities and consumption [electronic resource] / Kenneth W. Clements. |
title_auth |
Currencies, commodities and consumption |
title_new |
Currencies, commodities and consumption |
title_sort |
currencies, commodities and consumption |
publisher |
Cambridge University Press, |
publishDate |
2013 |
physical |
xvii, 381 p. : ill. |
contents |
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. |
isbn |
9781139612173 (electronic bk.) |
callnumber-first |
H - Social Science |
callnumber-subject |
HB - Economic Theory and Demography |
callnumber-label |
HB225 |
callnumber-sort |
HB 3225 C54 42013 |
genre |
Electronic books. |
genre_facet |
Electronic books. |
url |
https://ebookcentral.proquest.com/lib/oeawat/detail.action?docID=1099862 |
illustrated |
Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
339 - Macroeconomics & related topics |
dewey-full |
339.3 |
dewey-sort |
3339.3 |
dewey-raw |
339.3 |
dewey-search |
339.3 |
oclc_num |
828245909 |
work_keys_str_mv |
AT clementskennethw currenciescommoditiesandconsumption AT proquestfirm currenciescommoditiesandconsumption |
status_str |
n |
ids_txt_mv |
(MiAaPQ)5001099862 (Au-PeEL)EBL1099862 (CaPaEBR)ebr10643437 (CaONFJC)MIL425557 (OCoLC)828245909 |
is_hierarchy_title |
Currencies, commodities and consumption |
author2_original_writing_str_mv |
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1792330741719236608 |
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