UBSprices {alr4}R Documentation

UBS price data

Description

The international bank UBS produces a report on prices in major world cities every three years. This data.frame includes price data for a 1 kg loaf of bread, 1 kg of rice and for a Big Mac hamburger, for the years 2003 and 2009. All these prices are measured in the minutes of labor required by the typical worker in that country to buy the product, so it adjusts for currency, wages and price levels.

Usage

data(UBSprices)

Format

A data frame with 54 observations on the following 6 variables.

bigmac2009

2009 Big Mac price, in minutes of labor

bread2009

2009 Bread price, in minutes of labor

rice2009

2009 Rice price, in minutes of labor

bigmac2003

2003 Big Mac price, in minutes of labor

bread2003

2003 Bread price, in minutes of labor

rice2003

2003 Rice price, in minutes of labor

Details

City names are the row labels.

Source

Union Bank of Switzerland

Examples

data(UBSprices)
## maybe str(UBSprices) ; plot(UBSprices) ...

[Package alr4 version 1.0.6 Index]