Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:abbreviation |
gptkb:PPP
|
| gptkbp:assumes |
gptkb:law_of_one_price
|
| gptkbp:basisFor |
gptkb:International_Comparison_Program
gptkb:World_Bank_PPP_exchange_rates gptkb:Big_Mac_Index |
| gptkbp:contrastsWith |
market exchange rate
relative price levels |
| gptkbp:criticizedFor |
market imperfections
ignoring non-tradable goods ignoring transaction costs |
| gptkbp:describes |
exchange rate determination
|
| gptkbp:hasType |
gptkb:absolute_PPP
relative PPP |
| https://www.w3.org/2000/01/rdf-schema#label |
Purchasing Power Parity
|
| gptkbp:measures |
cost of living differences
|
| gptkbp:proposedBy |
gptkb:Gustav_Cassel
1918 |
| gptkbp:relatedTo |
Consumer Price Index
inflation exchange rate currency valuation |
| gptkbp:usedBy |
gptkb:International_Monetary_Fund
gptkb:OECD gptkb:World_Bank |
| gptkbp:usedFor |
GDP comparison
income comparison welfare analysis |
| gptkbp:usedIn |
macroeconomics
international economics |
| gptkbp:bfsParent |
gptkb:PPP
|
| gptkbp:bfsLayer |
5
|