{"article":{"annotation":{"article_id":"dallas-fed-big-mac-prices-exchange-rates-financial-shocks","available_at":"2026-10-16T10:37:00.560287Z","geography_revision":"ef6ee0010dda5fe7b240fd514749b43e214c57da73222d2e40ec83b276dd0977","id":"ec1f3e7ffbd07865bcdc802f140f260ca4cc0694ad8e72de73c9e24d2bdb5d71","input_sha256":"ffdf9175674883fedd3cd1cff9b8c4439b4611226a2318934245ba59c04aa4d0","limitations":["Rule-derived subjects are candidates, not verified editorial labels or calibrated model probabilities.","Coverage is distinct from event location. Unknown country/city/coordinates remain absent; no automatic geocoding.","Article geometries keep their stated precision and methodology; reproducing them is not independent coordinate verification."],"method":"controlled-rules-v1","places":[{"admin1":null,"city":null,"coordinate_note":null,"coordinate_reference_system":"OGC:CRS84","coordinate_source":null,"country":"US","evidence":[{"field":"country","language":"en","note":"Explicit preserved editorial country/region; no city or national centroid inferred","source_urls":["https://www.dallasfed.org/research/economics/2026/1015"]}],"geometry":null,"id":"iso3166-1:US","kind":"country-or-area","labels":{"ar":"الولايات المتحدة الأمريكية","en":"United States of America","es":"Estados Unidos de América","fr":"États-Unis d’Amérique"},"match_status":"candidate","precision":"regional","role":"coverage","uncertainty_m":null}],"rules_sha256":"fb5ad3c27c91cb840f7a0a05f7f64a5cb26ad0374409ff9457f277c7092e22b4","schema_version":1,"subjects":[{"concept_id":"medtop:20000344","confidence":null,"confidence_method":null,"evidence":[{"field":"category+topics","language":"en","note":"Preserved editorial category/topic; broad candidate only","source_urls":["https://www.dallasfed.org/research/economics/2026/1015"]}],"method":"controlled-rules-v1","rule_id":"economy-broad","status":"candidate"}],"taxonomy_revision":"1f2db31d811fca07e99b16d402c10e2cc2965c9df1c7b41d9be348b40a24e7fb","taxonomy_version":"IPTC Media Topics 2026-Q2"},"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=de","category":"economy","content":{"key_points":[],"paragraphs":["Die Forscher der Federal Reserve Bank of Dallas, Scott Davis, Ben Kim und Andrei Zlate, untersuchten anhand von Big-Mac-Preisen das Zusammenspiel realer und nominaler Wechselkurse. Ihr Artikel erschien am 15. Oktober. Für Sechsmonatsveränderungen in 14 fortgeschrittenen ausländischen Volkswirtschaften berichten sie eine Trendsteigung von 0,97 und eine Korrelation von 0,79; bei Vierjahresveränderungen betrugen die Werte 0,78 und 0,78.","Die Autoren bringen den Fortbestand dieses Zusammenhangs über vier Jahre mit dem Rätsel der Kaufkraftparität in Verbindung. Die Ergebnisse seien mit einer stärkeren Rolle finanzieller als monetärer Schocks für Wechselkursbewegungen vereinbar. Der Big-Mac-Index ist ein anschaulicher Einzelproduktindikator; für politische Analysen werden breitere Preisindizes und offizielle Währungskörbe verwendet."],"sections":[]},"corrections":[],"country":"US","data":{"blocks":[{"description":{"ar":"إحصاءات تحركات أسعار الصرف في 14 اقتصاداً متقدماً وفق تحليل الباحثين.","de":"Wechselkursstatistiken aus 14 fortgeschrittenen Volkswirtschaften laut Analyse der Autoren.","en":"Exchange-rate statistics across 14 advanced economies, as analyzed by the authors.","es":"Estadísticas de variaciones cambiarias en 14 economías avanzadas, según el análisis de los autores.","fr":"Statistiques des variations de change dans 14 économies avancées selon l’analyse des auteurs.","pt":"Estatísticas de variações cambiais em 14 economias avançadas, segundo análise dos autores.","tr":"14 gelişmiş ekonomide kur değişimi istatistikleri; yazarların analizi."},"id":"research-findings","items":[{"date":"2026-10-15","description":{"ar":"فترة ستة أشهر: الميل 0.97 والارتباط 0.79؛ فترة أربع سنوات: الميل والارتباط 0.78.","de":"Sechsmonatszeitraum: Steigung 0,97 und Korrelation 0,79; Vierjahreszeitraum: Steigung und Korrelation 0,78.","en":"Six-month period: slope 0.97 and correlation 0.79; four-year period: slope and correlation 0.78.","es":"Periodo de seis meses: pendiente de 0,97 y correlación de 0,79; periodo de cuatro años: pendiente y correlación de 0,78.","fr":"Période de six mois : pente de 0,97 et corrélation de 0,79; période de quatre ans : pente et corrélation de 0,78.","pt":"Período de seis meses: inclinação de 0,97 e correlação de 0,79; período de quatro anos: inclinação e correlação de 0,78.","tr":"Altı aylık dönem: eğim 0,97 ve korelasyon 0,79; dört yıllık dönem: eğim ve korelasyon 0,78."},"label":{"ar":"نتائج بحث بنك دالاس الفيدرالي","de":"Forschungsergebnisse der Dallas Fed","en":"Dallas Fed research findings","es":"Resultados de investigación de la Fed de Dallas","fr":"Résultats de recherche de la Dallas Fed","pt":"Resultados de pesquisa da Fed de Dallas","tr":"Dallas Fed araştırma bulguları"},"status":"occurred"}],"methodology":{"ar":"الإحصاءات هي الميول والارتباطات الواردة في مقال باحثي بنك دالاس؛ وهي نتائج الدراسة وليست توقعاً مستقلاً.","de":"Die Statistiken sind Steigungen und Korrelationen aus dem Artikel der Dallas-Fed-Autoren; es handelt sich um deren Ergebnisse, nicht um eine unabhängige Prognose.","en":"Statistics are slopes and correlations reported in the Dallas Fed authors’ article; they are the authors’ findings, not an independent forecast.","es":"Las estadísticas son pendientes y correlaciones informadas en el artículo de los autores de la Fed de Dallas; son resultados del estudio, no una previsión independiente.","fr":"Les statistiques sont les pentes et corrélations rapportées dans l’article des auteurs de la Dallas Fed; ce sont leurs résultats, non une prévision indépendante.","pt":"As estatísticas são inclinações e correlações relatadas no artigo dos autores da Fed de Dallas; são resultados do estudo, não uma previsão independente.","tr":"İstatistikler Dallas Fed yazarlarının makalesinde bildirilen eğim ve korelasyonlardır; çalışma yazarlarının bulguları olup bağımsız bir tahmin değildir."},"sourceUrls":["https://www.dallasfed.org/research/economics/2026/1015"],"title":{"ar":"العلاقة بين أسعار الصرف الحقيقية والاسمية وفق مؤشر بيغ ماك","de":"Zusammenhang realer und nominaler Kurse nach dem Big-Mac-Maß","en":"Big Mac-based real and nominal exchange-rate relationship","es":"Relación entre tipos reales y nominales según el Big Mac","fr":"Relation entre taux réels et nominaux selon le Big Mac","pt":"Relação entre taxas reais e nominais segundo o Big Mac","tr":"Big Mac temelli reel ve nominal kur ilişkisi"},"type":"events","updatedAt":"2026-10-16T10:20:41+00:00"}],"version":1},"data_downloads":[{"formats":{"csv":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks/data/research-findings?lang=de&format=csv","json":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks/data/research-findings?lang=de&format=json"},"id":"research-findings"}],"data_types":["events"],"editorial_illustration":{"alt":"Konzeptionelle Darstellung der Weltwirtschaft und Handelsbeziehungen.","asset_id":"newsverum-v1-economy","avif_variants":[{"height":320,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-480.avif","width":480},{"height":480,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-720.avif","width":720},{"height":640,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-960.avif","width":960},{"height":800,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1200.avif","width":1200},{"height":1024,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1536.avif","width":1536}],"credit":"Newsverum","documentary":false,"height":1024,"kind":"symbolic-editorial-illustration","language":"de","scope":"topic","url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1536.webp","variants":[{"height":320,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-480.webp","width":480},{"height":640,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-960.webp","width":960},{"height":1024,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1536.webp","width":1536}],"width":1536},"event_id":"event-d1bb5910-0539-5745-8a8d-3dad7b74eadc","event_period":"2026-10-15","event_period_basis":"event-or-reference-period","id":"dallas-fed-big-mac-prices-exchange-rates-financial-shocks","image":null,"importance":0.6,"language":"de","modified_at":"2026-10-16T10:36:24+00:00","publication_basis":"publication-record","published_at":"2026-10-16T10:36:24+00:00","reading_minutes":1,"region":"world","relations":[],"section_illustration":{"alt":"Konzeptionelle Darstellung der Weltwirtschaft und Handelsbeziehungen.","asset_id":"newsverum-v1-economy","avif_variants":[{"height":320,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-480.avif","width":480},{"height":480,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-720.avif","width":720},{"height":640,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-960.avif","width":960},{"height":800,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1200.avif","width":1200},{"height":1024,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1536.avif","width":1536}],"credit":"Newsverum","documentary":false,"height":1024,"kind":"symbolic-editorial-illustration","language":"de","scope":"section","url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1536.webp","variants":[{"height":320,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-480.webp","width":480},{"height":640,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-960.webp","width":960},{"height":1024,"url":"https://newsverum.com/assets/newsverum/illustrations/v1/economy-1536.webp","width":1536}],"width":1536},"slug":"dallas-fed-big-mac-prices-exchange-rates-financial-shocks","sources":[{"checkedAt":"2026-10-16","name":"Federal Reserve Bank of Dallas","publishedAt":"2026-10-15","url":"https://www.dallasfed.org/research/economics/2026/1015"}],"summary":"Autoren der Dallas Fed berichten, dass Big-Mac-basierte reale Wechselkurse auch über lange Zeiträume stark mit nominalen Kursen korrelieren.","text":"Autoren der Dallas Fed berichten, dass Big-Mac-basierte reale Wechselkurse auch über lange Zeiträume stark mit nominalen Kursen korrelieren.\n\nDie Forscher der Federal Reserve Bank of Dallas, Scott Davis, Ben Kim und Andrei Zlate, untersuchten anhand von Big-Mac-Preisen das Zusammenspiel realer und nominaler Wechselkurse. Ihr Artikel erschien am 15. Oktober. Für Sechsmonatsveränderungen in 14 fortgeschrittenen ausländischen Volkswirtschaften berichten sie eine Trendsteigung von 0,97 und eine Korrelation von 0,79; bei Vierjahresveränderungen betrugen die Werte 0,78 und 0,78.\n\nDie Autoren bringen den Fortbestand dieses Zusammenhangs über vier Jahre mit dem Rätsel der Kaufkraftparität in Verbindung. Die Ergebnisse seien mit einer stärkeren Rolle finanzieller als monetärer Schocks für Wechselkursbewegungen vereinbar. Der Big-Mac-Index ist ein anschaulicher Einzelproduktindikator; für politische Analysen werden breitere Preisindizes und offizielle Währungskörbe verwendet.","title":"Dallas Fed: Big-Mac-Preise folgen Wechselkursbewegungen über längere Zeiträume","topics":[],"translations":[{"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=tr","language":"tr","url":"https://newsverum.com/tr/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"},{"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=en","language":"en","url":"https://newsverum.com/en/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"},{"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=ar","language":"ar","url":"https://newsverum.com/ar/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"},{"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=fr","language":"fr","url":"https://newsverum.com/fr/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"},{"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=es","language":"es","url":"https://newsverum.com/es/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"},{"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=de","language":"de","url":"https://newsverum.com/de/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"},{"api_url":"https://newsverum.com/api/v1/articles/dallas-fed-big-mac-prices-exchange-rates-financial-shocks?lang=pt","language":"pt","url":"https://newsverum.com/pt/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"}],"url":"https://newsverum.com/de/news/dallas-fed-big-mac-prices-exchange-rates-financial-shocks"},"version":"1"}
