CHEN, SHIU-SHENG - In: Economic Inquiry 52 (2014) 2, pp. 830-844
type="main" xml:lang="en" <p>This paper uses monthly data from 1984:M10 to 2012:M8 to show that oil-sensitive stock price indices, particularly those in the energy sector, have strong power in predicting nominal and real crude oil prices at short horizons (1-month-ahead predictions), using both in-...</p>