What Drives Long-term Oil Market Volatility? Fundamentals versus Speculation
نویسندگان
چکیده
منابع مشابه
What do market-calibrated stochastic processes indicate about the long-term price of crude oil?
a r t i c l e i n f o JEL classification: C52 C53 Q47 Keywords: Oil prices Futures markets Stochastic processes Kalman filter Forecasting Stochastic process models of commodity prices are important inputs in energy investment evaluation and planning problems. In this paper, we focus on modeling and forecasting the long-term price level, since it is the dominant factor in many such applications....
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ژورنال
عنوان ژورنال: Economics
سال: 2016
ISSN: 1864-6042
DOI: 10.5018/economics-ejournal.ja.2016-20