This paper sheds light on the questions whether it is possible to generate an accurate forecast of the real price of … oil and how it can be improved using forecast combinations. For this reason, my work will investigate the out …

We study the out-of-sample predictability of the real price of crude oil using forecast combinations constructed from …-change forecast at horizons ranging from 1 to 24 months with statistically significant MSFE reductions and directional accuracy. In …

leptokurtosis. We use our approach to forecast industrial production series in the core EMU countries and we provide evidence that …