Ernest E. (Rick) Walker. An Evaluation of PPP in terms of The iPod Index: A Possible Replacement of the Big Mac Index?. Background:. Introducing the iPod Index. The iPod Index. Like Big Macs, Apple’s iPod had become widely available internationally (simplifying cross-country comparisons).
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Relative to the United States (US$) for 2007 to 2009
Percentage Over (+) or Under (-) Valuation
Big Mac Index Valuations
iPod Index Valuations
Asterisks indicate levels of statistical significance of the respective F-statistics: * (90%), ** (95%) and *** (99%)
Asterisks indicate levels of statistical significance of the respective t-statistics: * (90%), ** (95%) and *** (99%)