Bio

Ugochi Emenogu is a Senior Economist in the Real Sector Stability Division of Financial Stability Department. Her areas of research interests include Macroeconomics, Monetary Economics and Applied Econometrics. She holds a PhD in Economics from Ryerson University.

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Staff analytical notes

Detecting exuberance in house prices across Canadian cities

Staff Analytical Note 2021-9 Ugochi Emenogu, Cars Hommes, Mikael Khan
We introduce a model to detect periods of extrapolative house price expectations across Canadian cities. The House Price Exuberance Indicator can be updated on a quarterly basis to support the Bank of Canada’s broader assessment of housing market imbalances.
Content Type(s): Staff research, Staff analytical notes Topic(s): Econometric and statistical methods, Financial stability, Housing JEL Code(s): C, C5, C53, R, R2, R21, R3, R31

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Staff working papers

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