Ilan Kolet

Author

Staff discussion papers

The Fisher BCPI: The Bank of Canada’s New Commodity Price Index

Staff Discussion Paper 2010-6 Ilan Kolet, Ryan Macdonald
The prices of commodities produced in Canada have important implications for the performance of the Canadian economy and the conduct of monetary policy. The authors explain an important change to the methodology used to construct the Bank of Canada commodity price index (BCPI).
Content Type(s): Staff research, Staff discussion papers Topic(s): Econometric and statistical methods, Inflation and prices JEL Code(s): C, C1, E, E3

The Outlook for the Global Supply of Oil: Running on Faith?

Staff Discussion Paper 2009-9 Olivier Gervais, Ilan Kolet
The dramatic reduction in global demand, and the decline in the spot price of crude oil in the second half of last year, may have significant implications for the future supply of oil. Investments in conventional methods of extraction have been constrained, since easily accessible oil reserves are typically concentrated in countries with geopolitical uncertainty and/or state-run oil companies.
Content Type(s): Staff research, Staff discussion papers Topic(s): Business fluctuations and cycles, Inflation and prices, International topics JEL Code(s): Q, Q4, Q41, Q43

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Staff working papers

Housing Market Cycles and Duration Dependence in the United States and Canada

Staff Working Paper 2007-2 Rose Cunningham, Ilan Kolet
Housing wealth is a large component of total wealth and plays an important role in aggregate business cycles. In this paper, we explore data on real house price cycles at the aggregate level and city level for the United States and Canada.
Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Econometric and statistical methods JEL Code(s): C, C4, C41, E, E3, E32, R, R2, R21

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Bank publications

Bank of Canada Review articles

June 18, 2008

House Prices and Consumer Spending

Bank of Canada Review - Summer 2008 Kimberly Beaton, Sylvie Morin, Ilan Kolet
Flood, Morin, and Kolet examine the role of house prices in household consumption decisions. Considering a group of advanced economies, the authors find that the strength of the link between house prices and consumer spending depends on the institutional features of national mortgage markets.
Content Type(s): Publications, Bank of Canada Review articles Topic(s): Domestic demand and components, International topics, Recent economic and financial developments

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Financial System Review articles