Examples of BMPH in a sentence
Data were collected for a much more limited set of countries in the early part of this period, so that the number of comparisons is more limited for this period.The first, third, and fourth columns of Table 5 provide the ratio of the McWage, the price of a Big Mac, and the BMPH in 2007 to the value in 2000.
The Company and BMPH shall be jointly and severally liable for all obligations of each such party pursuant to this Agreement.
However, the purchasing power parity hypothesis, even if accurate for longer periods of time, may not be appropriate in the analysis of shorter periods.14 An attractive feature of the BMPH measure of the real wage rate is that it does not rely on exchange rates at all.
First, the developed countries, including the US, Canada, Japan, and Western Europe have quite similar wage rates, whether measured in dollars or in BMPH.
Each of the Company, BMPH and Univision shall be jointly and severally liable for any payment obligation of any of the Company, BMPH or Univision pursuant to this Agreement.
What is remarkable is the dramatic disparity in the growth in real wages as measured by the BMPH.
The first column contains the McWage in 2011 relative to its value in 2007, while columns 2 and 3 provide the ratios for the Big Mac price and the BMPH.
A second conclusion is that the vast majority of workers, including those in India, China, Latin America, and the Middle East earned about 10% as much as the workers in developed countries, although the BMPH comparison increases this ratio to about 15%, as would any purchasing-power-price adjustment.
Finally, workers in Russia, Eastern Europe, and South Africa face wage rates about 25 to 35% of those in the developed countries, although again the BMPH comparison increases this ratio somewhat.
Any notices and other communications required or permitted in this Agreement shall be effective if in writing and (a) delivered personally, (b) sent by facsimile, or (c) sent by overnight courier, in each case, addressed as follows: If to the Company, BMPH or Univision, to it: c/o Univision Communications Inc.