tag:blogger.com,1999:blog-5896594639764949412.post3710043215759339170..comments2024-03-21T19:52:19.599-07:00Comments on Economics Teachers Blog: Economics and the World SerieseLearning Bloghttp://www.blogger.com/profile/00119280360226882972noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5896594639764949412.post-36975030082310803772016-11-14T23:21:26.310-08:002016-11-14T23:21:26.310-08:00Hi,
WPI, Exchange Rates, PPP, Purchasing Power Pa...Hi,<br /><br />WPI, Exchange Rates, PPP, Purchasing Power Parity, World Economics<br /><br /><a href="http://www.worldeconomics.com/WorldPriceIndex/WPI.efp" rel="nofollow">WPI, Exchange Rates, PPP, Purchasing Power Parity, World Economics</a> :- The World Price Index (WPI) is a monthly index of PPP exchange rates against the US Dollar across the world’s 10 largest economies. Taking inspiration from and building on the concept of the Economist’s ‘Big Mac Index’, the WPI allows for a more timely method of making economic comparisons across countries. By drawing direct comparisons between average price levels of similar goods across countries, the World Price Index circumvents the difficulties and unreliability of using spot exchange rates or existing PPPs, which are already out of date by the time of release.webmasterhttps://www.blogger.com/profile/16197469845872716301noreply@blogger.comtag:blogger.com,1999:blog-5896594639764949412.post-11046167029373656472016-11-02T02:55:14.443-07:002016-11-02T02:55:14.443-07:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/15174789112519362895noreply@blogger.com