Forecasting Commodity Prices: Looking for a Benchmark
The random walk, no-change forecast is a customary benchmark in the literature on forecasting commodity prices. We challenge this custom by examining whether alternative models are more suited for this purpose. Based on a literature review and the results of two out-of-sample forecasting experiments...
| Published in: | Forecasting |
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| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2021-06-01
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| Subjects: | |
| Online Access: | https://www.mdpi.com/2571-9394/3/2/27 |