Questions tagged [purchasing-power-partity]

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15
votes
3answers
18k views

Real Exchange Rate vs PPP rate

I'm having troubles to understand the difference between the Real Exchange Rate and the PPP rate. I know the first one is calculated using a basket of goods and services so that the non-tradeable ...
4
votes
1answer
2k views

Nominal GDP versus PPP in comparing military spending of different countries?

Military spending as percentage of GDP is the most used measure of the economic capability of a certain country/military. But Some countries like India for example, have a huge difference between ...
3
votes
1answer
243 views

How are purchasing power parity (PPP) conversions computed?

How are purchasing power parity (PPP) conversions computed? I guess that goods' and services' prices are compared across different countries/currencies. However, there are services such as healthcare ...
2
votes
1answer
195 views

Conversion of GDP PPP International \$ 2005 into GDP PPP International \$ 2011

Essentially I have two different datasets that I'm trying to consolidate. One set of data comes from the World Bank Databank, and is a set of historical GDP PPP values for all countries expressed in ...
1
vote
2answers
322 views

What exactly is purchasing power parity (PPP)?

I have some questions regarding what exactly PPP is. In my understanding, PPP is essentially the value that a currency can purchase within an area. For example, although the USA might have more money ...
0
votes
1answer
44 views

How to read PPP$ aloud?

How to read PPP$ aloud? That is in a paper that I should read loud in a presentation, but I don't know the most Is it "purchasing power parity in US Dollar," or "purchasing power parity in terms ...