Oil Price Forecasting Using FRED Data: A Comparison between Some Alternative Models

This paper investigates the forecasting accuracy of alternative time series models when augmented with partial least-squares (PLS) components extracted from economic data, such as Federal Reserve Economic Data, as well as Monthly Database (FRED-MD). Our results indicate that PLS components extracted...

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Bibliographic Details

Published in:	Energies
Main Authors:	Abdullah Sultan Al Shammre, Benaissa Chidmi
Format:	Article
Language:	English
Published:	MDPI AG 2023-05-01
Subjects:	oil price forecasting partial least squares ARIMA-GARCH FRED data
Online Access:	https://www.mdpi.com/1996-1073/16/11/4451