Source: UBS 2006 Report - A comparison of purchasing_power around the globe (https: //www.ccre.org/docs/ubs prices and earnings en.pdf); Archived copy of pdf
| Variable | Definition | Notes |
|---|---|---|
bigmac_mins |
average minutes to earn 1 Big Mac | Price of the product divided by the weighted net hourly wage in 14 professions. |
bread_mins |
average minutes to earn 1 kg of bread | Price of the product divided by the weighted net hourly wage in 14 professions. |
rice_mins |
average minutes to earn 1 kg of rice | Price of the product divided by the weighted net hourly wage in 14 professions. |
gross_annual_teacher_income |
average gross teacher salary in 1 year (USD) | Teaching in the state school system (not private schools) for around 10 years; about 35 years old married two children. |
net_annual_teacher_salary |
average net teacher salary in 1 year (USD) | Teaching in the state school system (not private schools) for around 10 years; about 35 years old married two children. |
teacher_hours_worked |
average number of hours work per week | Only comparable to a limited extent; as a rule number of teaching hours plus average number of hours required for preparation but in some cases teaching hours only |