Calista Cheung

Calista Cheung

Regional Director (Economics)

Calista Cheung was appointed as Regional Director (Economics) at the Bank of Canada's Regional Office for British Columbia and the Yukon in June 2014. In this capacity, she directs research and analysis on economic and financial developments in the region. She also plays a major role in communicating the Bank's messages to a variety of external audiences and promoting an exchange of views on the economy and monetary policy.

Ms. Cheung first joined the Bank in 2003 as an economist in the Current Analysis Division of the Research Department and then became a senior analyst in the Asia-Europe Division of the International Department. She moved to the Organisation for Economic Co-operation and Development (OECD) in Paris in 2009 as an economist in the Economics Department and was subsequently promoted to senior economist there. Ms. Cheung has also worked at the European Central Bank in a secondment, and at the Federal Reserve Bank of Boston as a research intern.

Ms. Cheung was born in Ottawa. She received a Master’s degree in Economics from Boston University (2003) and a Bachelor of Commerce with Joint Honours in Economics and Finance from McGill University (1998).

Contact

Calista Cheung

Regional Director (Economics)
Canadian Economic Analysis
Regional Analysis

Bank of Canada
200 Granville Street, Suite 2710
Vancouver, BC, V6C 1S4

Latest

New Housing Registrations as a Leading Indicator of the BC Economy

Staff Discussion Paper 2016-3 Calista Cheung, Dmitry Granovsky
Housing starts and building permits data are commonly used as leading indicators of economic activity. In British Columbia, all new homes must be registered with the Homeowner Protection Office, a branch of BC Housing, before the issuance of building permits and the start of construction.
Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Business fluctuations and cycles, Housing, Regional economic developments JEL Code(s): C, C1, C13, C5, C53, E, E3, E32, E37

Changing Labour Market Participation Since the Great Recession: A Regional Perspective

Staff Discussion Paper 2015-2 Calista Cheung, Dmitry Granovsky, Gabriella Velasco
This paper discusses broad trends in labour force participation and part-time employment across different age groups since the Great Recession and uses provincial data to identify changes related to population aging, cyclical effects and other factors.
Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Labour markets, Recent economic and financial developments, Regional economic developments JEL Code(s): E, E2, E24, E3, E32, J, J1, J2, J21, J6

Are Commodity Prices Useful Leading Indicators of Inflation?

Staff Discussion Paper 2009-5 Calista Cheung
Commodity prices have increased dramatically and persistently over the past several years, followed by a sharp reversal in recent months. These large and persistent movements in commodity prices raise questions about their implications for global inflation. The process of globalization has motivated much debate over whether global factors have become more important in driving the […]
Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Business fluctuations and cycles, Economic models, Inflation and prices, International topics, Transmission of monetary policy JEL Code(s): E, E3, E5, E52, E58

15 September 2008 Offshoring and Its Effects on the Labour Market and Productivity: A Survey of Recent Literature

Bank of Canada Review - Autumn 2008 Calista Cheung, James Rossiter, Yi Zheng
Offshoring has become an increasingly prominent aspect of the globalization process. Evidence over the past two decades suggests that offshoring has not exerted a noticeable impact on overall employment and earnings growth in advanced economies, but it has likely contributed to shifting the demand for labour towards higher-skilled jobs. There appear to be some positive effects of offshoring on productivity, but such effects differ by country.
Content Type(s): Publications, Bank of Canada Review Article Topic(s): International topics, Labour markets, Productivity

The Impact of Emerging Asia on Commodity Prices

Staff Working Paper 2007-55 Calista Cheung, Sylvie Morin
Over the past 5 years, real energy and non-energy commodity prices have trended sharply higher. These relative price movements have had important implications for inflation and economic activity in both Canada and the rest of the world. China has accounted for the bulk of incremental demand for oil and many base metals over this period.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Business fluctuations and cycles, International topics JEL Code(s): E, E3, F, F4, O, O1, O19, Q, Q1, Q11

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Education

  • M.A. Economics, Boston University, 2003
  • B.Com. Honours Economics and Finance, McGill University, 1998

Research Interests

  • Macroeconomics, international trade, housing, labour markets

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Calista Cheung

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