Definitions
Wiktionary
- n. An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries.
Etymologies
- Blend of burger and economics, coined in The Economist in 1986 by Pam Woodall with the introduction of the Big Mac Index. (Wiktionary)
Examples
“Known as "burgernomics", the index was devised in a widely-cited paper by Pam Woodall and has been running since 1986.”
“John Vause gives us a lesson in burgernomics, when we return.”
“The Economist commented: Many readers will find burgernomics and lattenomics hard to swallow.”
“However, burgernomics does support claims that Argentina's government is cooking the books.”
“If you find the theory of price indices hard to digest, why not rely on simple burgernomics?”
“Inspired by The Economist's 'burgernomics' Big Mac index, French market analysts Gira Conseil have launched the 'buttered-ham sandwich' index, to compare prices of the country's enduring ham and butter sandwich, and in this challenging economic climate, to obtain a strong understanding of buying power in France.”
“- Inspired by The Economist's 'burgernomics' Big Mac index, French market analysts Gira Conseil have launched the 'buttered-ham sandwich' index, to compare prices of the country's enduring ham and butter sandwich, and in this challenging economic climate, to obtain a strong understanding of buying power in France.”
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