Work 420 Essay examples
Keywords: Commodity prices, equity prices, density forecasting, correlation, Bayesian DCC. JEL Classiﬁcation : C11, C15, C53, E17, G17.
We thank seminar participants at the BIS, as well as at the ECB-NB “Modeling and forecasting oil prices”, MMF “Understanding Oil and Commodity Prices”, and CAMP “Forecasting and Analysing Oil Prices” workshops for helpful comments. We also gratefully acknowledge comments by Lutz Kilian and Dubravko Mihaljek. This paper is part of the research activities at the Centre