The Law of One Price and Purchasing Power Parity单一价格定律和购买力平价.docVIP

Biting into the Big Mac ERASMUS UNIVERSITY ROTTERDAM Faculteit der Economische Wetenschappen Algemene Economie Begeleider: Dhr. Prof. J.M. Viaene Naam: Eric Stefan Szwarczynski Examennummer: 271977 Emailadres: eszwarczynski@ Table of contents 1 Introduction 2 Literature Review 3 The Law of One Price and Purchasing Power Parity Theory 3.1 The Law of One Price 3.2 Purchasing Power Parity 3.2.1 Absolute Purchasing Power Parity 3.2.2 Relative Purchasing Power Parity 3.3 Obstacles to Purchasing Power Parity 4 The Big Mac 5 Data 6 Absolute Purchasing Power Parity Analysis 7 Rela