The book is currently out of stock
Parameters
More about the book
We use oil price forecasts from the Consensus Economic Forecast poll to analyze how forecasters form their expectations. Our findings seem to indicate that the extrapolative as well as the regressive expectation formation hypothesis play a role. Standard measures of forecast accuracy reveal forecasters' underperformance relative to the random walk benchmark. However, this result appears to be biased due to peso problems. -- Oil price ; survey data ; forecast bias ; peso problem
Book purchase
Are oil price forecasters finally right?, Stefan Reitz
- Language
- Released
- 2009
We’ll email you as soon as we track it down.
Payment methods
No one has rated yet.