Doga Bilgin - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T11:39:16+00:00The Simple Economics of Global Fuel Consumption
https://www.bankofcanada.ca/2019/09/staff-working-paper-2019-35/
This paper presents a structural framework of the global oil market that relies on information on global fuel consumption to identify flow demand for oil. We show that under mild identifying assumptions, data on global fuel consumption help to provide comparatively sharp insights on elasticities and other key structural parameters of the global oil market.2019-09-06T17:19:29+00:00enThe Simple Economics of Global Fuel Consumption2019-09-06Economic modelsStaff Working Paper 2019-35https://www.bankofcanada.ca/wp-content/uploads/2019/09/swp2019-35.pdfThe Simple Economics of Global Fuel ConsumptionDoga BilginReinhard EllwangerSeptember 2019CC5C51LL7L71QQ4Q41Q43Global Commodity Markets and Rebalancing in China: The Case of Copper
https://www.bankofcanada.ca/2019/04/staff-discussion-paper-2019-3/
Given that China accounts for about half of global copper consumption, it is reasonable to expect that any significant change in Chinese copper consumption will have an impact on the global market.2019-04-03T10:06:16+00:00enGlobal Commodity Markets and Rebalancing in China: The Case of Copper2019-04-03Econometric and statistical methodsInternational topicsStaff Discussion Paper 2019-3https://www.bankofcanada.ca/wp-content/uploads/2019/04/sdp2019-3.pdfGlobal Commodity Markets and Rebalancing in China: The Case of CopperJeannine BailliuDoga BilginKun MoKurt NiquidetBenjamin SawatzkyApril 2019OO1O13O14QQ0Q02A Dynamic Factor Model for Commodity Prices
https://www.bankofcanada.ca/2017/09/staff-analytical-note-2017-12/
In this note, we present the Commodities Factor Model (CFM), a dynamic factor model for a large cross-section of energy and non-energy commodity prices. The model decomposes price changes in commodities into a common “global” component, a “block” component confined to subgroups of economically related commodities and an idiosyncratic price shock component.2017-09-25T17:44:19+00:00enA Dynamic Factor Model for Commodity Prices2017-09-25