"Big Mac affordability" and real income inequality across countries
Gharehgozli, Orkideh ; Atal, Vidya
LIS - Luxembourg
2019
11 p.
income distribution ; social inequality ; comparison
Working Paper
776
Income distribution
English
Bibliogr.
"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 measures of dispersion) across countries."
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