The Resource Forecasting commodity prices : futures versus judgment, prpeared by Chakirya Bowman and Aasim M. Husain

Forecasting commodity prices : futures versus judgment, prpeared by Chakirya Bowman and Aasim M. Husain

Label
Forecasting commodity prices : futures versus judgment
Title
Forecasting commodity prices
Title remainder
futures versus judgment
Statement of responsibility
prpeared by Chakirya Bowman and Aasim M. Husain
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
Annotation
Member of
Action
digitized
Cataloging source
OCLCE
Dewey number
338.52
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 no.04/41
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/04/41
Summary expansion
This paper assesses the performance of three types of commodity price forecaststhose based on judgment, those relying exclusively on historical price data, and those incorporating prices implied by commodity futures. for most of the 15 commodities in the sample, spot and futures prices appear to be nonstationary and to form a cointegrating relation. Spot prices tend to move toward futures prices over the long run, and error-correction models exploiting this feature produce more accurate forecasts. the analysis indicates that on the basis of statistical- and directional-accuracy measures, futures-based models yield better forecasts than historical-data-based models or judgment, especially at longer horizons
Label
Forecasting commodity prices : futures versus judgment, prpeared by Chakirya Bowman and Aasim M. Husain
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 25-27)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647557054
Dimensions
unknown
Extent
1 online resource (27 pages)
File format
one file format
Form of item
online
Isbn
9781451893366
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37166712
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647557054
  • imf1281405698
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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