000 01887cam  2200337za 4500
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008180201s2018    oncd    obs  f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-5/2018-4E-PDF
1001 |aKilian, Lutz.
24510|aModeling fluctuations in the global demand for commodities |h[electronic resource] / |cby Lutz Kilian and Xiaoqing Zhou.
260 |a[Ottawa] : |bBank of Canada, |c2018.
300 |aii, 62 p. : |bcol. charts.
4901 |aBank of Canada staff working paper, |x1701-9397 ; |v2018-4
500 |a"January 2018."
504 |aIncludes bibliographical references (p. 45-51).
5203 |a“Although this question arises frequently in applied work, there is no universal agreement on how to quantify cyclical variation in global real economic activity. We show how such a measure must be constructed in order to be useful for modeling industrial commodity prices. We compare a wide range of alternative measures discussed in the literature and assess their merits for applied work on commodity prices. Among these indicators, we stress the advantages of the widely used Kilian index of global real economic activity, of indices based on real commodity prices and, to a lesser extent, of proxies for global industrial production"--Non-technical summary, p. 1.
546 |aIncludes abstract in French.
69207|2gccst|aInternational trade
69207|2gccst|aCommodities
69207|2gccst|aPrices
69207|2gccst|aStatistical analysis
7001 |aZhou, Xiaoqing.
7102 |aBank of Canada.
830#0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2018-4|w(CaOODSP)9.806221
85640|qPDF|s1.58 MB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-4-eng.pdf