• News media versus FRED-MD for macroeconomic forecasting 

      Ellingsen, Jon; Larsen, Vegard Høghaug; Thorsrud, Leif Anders (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 

      Cross, Jamie; Nguyen, Bao H.; Tran, Trung Duc (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 

      Bjørnland, Hilde C.; Nordvik, Frode Martin; Rohrer, Maximilian (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 ...