We assess the spot price forecasting performance of 10 commodity futures at various horizons up to two years and test …-of-sample, we find that the forecast from the futures market is hard to beat. We find that the forecasting performance of futures …. We also find futures' forecasting performance to be invariant to whether prices are in an upswing or downswing, casting …

found to perform better in out-of-sample forecasting than a benchmark linear model. An empirical illustration for US GDP …

In this paper, alternative non-parametric forecasting techniques are analysed, with emphasis placed on the difference … techniques are applied to the forecasting of Spanish unemployment, first one step -forecasting and second using a longer time …

-of-sample forecasting performance. Finally, issues related to the adequateness of standard methods of evaluation of (linear and nonlinear …