Hahn, Warren J.; DiLellio, James A.; Dyer, James S. - In: Energy Economics 44 (2014) C, pp. 212-221
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. To provide a foundation for our...