TY - JOUR
T1 - ‘Big Mac Affordability’ and real-income inequality across countries
AU - Gharehgozli, Orkideh
AU - Atal, Vidya
N1 - Publisher Copyright:
© 2019 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2020/9/19
Y1 - 2020/9/19
N2 - Using the Big Mac Index and focusing on the deciles of the income distribution, we produce a descriptive study of real-income inequality from households in 29 countries and for period 2000 to 2013. Using daily Big Mac Affordability (BMA), we rank and show differences in the living standards and the purchasing power of individuals belonging to different income deciles in these countries. We also provide a multidimensional Big Mac real-income inequality analysis by looking at Coefficient of Variation as well as the share of bottom to top decile BMA (as a measure of dispersion) across countries.
AB - Using the Big Mac Index and focusing on the deciles of the income distribution, we produce a descriptive study of real-income inequality from households in 29 countries and for period 2000 to 2013. Using daily Big Mac Affordability (BMA), we rank and show differences in the living standards and the purchasing power of individuals belonging to different income deciles in these countries. We also provide a multidimensional Big Mac real-income inequality analysis by looking at Coefficient of Variation as well as the share of bottom to top decile BMA (as a measure of dispersion) across countries.
KW - Big Mac Index
KW - affordability
KW - comparative country studies
KW - income distribution decile
KW - income inequality
UR - http://www.scopus.com/inward/record.url?scp=85074365762&partnerID=8YFLogxK
U2 - 10.1080/13504851.2019.1679342
DO - 10.1080/13504851.2019.1679342
M3 - Article
AN - SCOPUS:85074365762
SN - 1350-4851
VL - 27
SP - 1352
EP - 1356
JO - Applied Economics Letters
JF - Applied Economics Letters
IS - 16
ER -
