Staff Working Papers
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Forecasting the Price of Oil
Staff Working Paper 2011-15 Ron Alquist, Lutz Kilian, Robert VigfussonWe address some of the key questions that arise in forecasting the price of crude oil. What do applied forecasters need to know about the choice of sample period and about the tradeoffs between alternative oil price series and model specifications?Content Type(s): Staff Research, Staff Working Papers Topic(s): Econometric and statistical methods, International topics JEL Code(s): C, C5, C53, Q, Q4, Q43, Q47