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Restaurant Prices and the Mexican Peso

Author

Listed:
  • Thomas M Fullerton Jr

    (University of Texas at El Paso)

  • Roberto Coronado

    (Federal Reserve Bank of Dallas)

Abstract
International restaurant franchise price data are used to examine purchasing power parity and the behavior of the Mexican peso. Sample data are from El Paso, Texas and Ciudad Juarez, Mexico. A battery of statistical tests indicate that the price ratio and the exchange rate are statistically different from each other, but correlated.

Suggested Citation

  • Thomas M Fullerton Jr & Roberto Coronado, 2004. "Restaurant Prices and the Mexican Peso," International Finance 0403004, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpif:0403004
    Note: Type of Document - word doc; prepared on Win98; pages: 17. International restaurant franchise price data are used to examine purchasing power parity and the behavior of the Mexican peso.
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    References listed on IDEAS

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    Cited by:

    1. Thomas Fullerton & Osvaldo Miranda, 2009. "Borderplex brand name medicine price differences," Applied Economics, Taylor & Francis Journals, vol. 43(8), pages 929-939.

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    More about this item

    Keywords

    Purchasing power parity; restaurant prices; Mexico;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange

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