Q33 - Resource Booms - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:22:38+00:00The Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in Canada
https://www.bankofcanada.ca/2018/11/staff-working-paper-2018-56/
How do global oil price shocks spread through Canada’s economy? With Canada’s regionally diverse economy in mind, we explore the implications of oil price shocks for Canadian housing markets and regional economies. We show that the belief that oil price shocks only matter in oil-rich regions is false.2018-11-27T08:25:21+00:00enThe Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in Canada2018-11-27Econometric and statistical methodsHousingInternational topicsLabour marketsRegional economic developmentsStaff Working Paper 2018-56https://www.bankofcanada.ca/wp-content/uploads/2018/11/swp2018-56.pdfThe Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in CanadaLutz KilianXiaoqing ZhouNovember 2018FF4F43QQ3Q33Q4Q43RR1R12R3R31