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January 19, 2017

Financial Markets
Mini Mac Trumps the Big Mac

The “law of one price” holds that identical goods should trade for the same price in an efficient market.  But how well does it actually hold internationally? The Economist magazine’s famous Big Mac …

July 19, 2017

Financial Markets
How Fairly Valued is China’s Currency? Big Mac and Mini Mac Square Off Again.

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s famous Big Mac I…

February 16, 2021

Asia
CFR Mini Mac Index Shows U.S. Dollar Falling, Other Safe Havens Soaring, Amid Pandemic

    The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Bi…

February 25, 2015

China
Move Over Big Mac: The Law of One Price Is Lovin’ Our Little Mac Index

The “law of one price” holds that identical goods should trade for the same price in an efficient market. To what extent does it hold internationally? The Economist magazine’s famous Big Mac Inde…