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| Georg Stadtmann, Christian Pierdzioch and Timo Schöber |
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| ''Law of one price: BigMac versus Fortnite - A Note'' |
| ( 2020, Vol. 40 No.4 ) |
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| We analyze the law of one price (LoP) based on BigMac and Fortnite prices. We find a positive but less than perfect correlation between the over-/undervaluations of the two indices. While we cannot reject the LoP for the Fortnite data, we find that it does not hold for the BigMac data. |
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| Keywords: Fortnite, BigMac, law of one price |
JEL: F3 - International Finance: General
C2 - Single Equation Models; Single Variables: General |
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| Manuscript Received : Mar 03 2020 | | Manuscript Accepted : Dec 31 2020 |
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