We believe that research that is worth doing is worth doing right in terms of applying most appropriate tools available and developing new tools whenever necessary.
Just as importantly, we believe that economic research -teaching it, doing it, learning it, and just talking about it- should be exciting and fun.
by Timothy J. Kehoe (Minnesota)
星期五, 11月 29, 2013
Crude Oil Price Forecast
One new paper on forecasting oil prices by Christiane Baumeister (Bank
of Canada), Pierre Guérin (Bank of Canada), and Lutz Kilian (University
The paper concludes that "typically not much
is lost by ignoring high-frequency financial data in forecasting the
monthly real price of oil."