Blar i BI Open på tidsskrift "Journal of applied econometrics"
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News media versus FRED-MD for macroeconomic forecasting
(Peer reviewed; Journal article, 2021)Using a unique dataset of 22.5 million news articles from the Dow Jones Newswires Archive, we perform an in depth real-time out-of-sample forecasting comparison study with one of the most widely used data sets in the newer ... -
The role of precautionary and speculative demand in the global market for crude oil
(Peer reviewed; Journal article, 2022)Contemporary structural models of the global market for crude oil jointly specify precautionary and speculative demand shocks as a composite shock, named a storage demand shock. We resolve this identification problem and ... -
Supply flexibility in the shale patch: Evidence from North Dakota
(Journal article; Peer reviewed, 2021)This paper provides new results to the literature, showing that output flexibility in oil production depends on the extraction technology. In particular, constructing a novel well-level monthly production dataset covering ...