{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,11,7]],"date-time":"2025-11-07T13:27:30Z","timestamp":1762522050285},"reference-count":9,"publisher":"Wiley","issue":"1","license":[{"start":{"date-parts":[[2017,7,5]],"date-time":"2017-07-05T00:00:00Z","timestamp":1499212800000},"content-version":"vor","delay-in-days":0,"URL":"http:\/\/onlinelibrary.wiley.com\/termsAndConditions#vor"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["J of Applied Econometrics"],"published-print":{"date-parts":[[2018,1]]},"abstract":"<jats:title>Summary<\/jats:title><jats:p>In addition to their theoretical analysis of the joint determination of oil futures prices and oil spot prices, Alquist and Kilian (<jats:italic>Journal of Applied Econometrics<\/jats:italic>, 2010, <jats:italic>25<\/jats:italic>(4), 539\u2013573) compare the out\u2010of\u2010sample accuracy of the random walk forecast with that of forecasts based on oil futures prices and other predictors. The results of my replication exercise are very similar to the original forecast accuracy results, but the relative accuracy of the random walk forecast and the futures\u2010based forecast changes when the sample is extended to August 2016, consistent with the results of several other recent studies by Kilian and co\u2010authors.<\/jats:p>","DOI":"10.1002\/jae.2584","type":"journal-article","created":{"date-parts":[[2017,7,6]],"date-time":"2017-07-06T01:36:39Z","timestamp":1499304999000},"page":"160-163","source":"Crossref","is-referenced-by-count":8,"title":["Predicting crude oil prices: Replication of the empirical results in \u201cWhat do we learn from the price of crude oil?\u201d"],"prefix":"10.1002","volume":"33","author":[{"given":"Anton","family":"Pak","sequence":"first","affiliation":[{"name":"School of Economics University of Queensland  Brisbane Australia"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"311","published-online":{"date-parts":[[2017,7,5]]},"reference":[{"key":"e_1_2_4_2_1","doi-asserted-by":"publisher","DOI":"10.1002\/jae.1159"},{"key":"e_1_2_4_3_1","doi-asserted-by":"publisher","DOI":"10.1016\/B978-0-444-53683-9.00008-6"},{"key":"e_1_2_4_4_1","doi-asserted-by":"publisher","DOI":"10.1016\/j.ijforecast.2014.06.005"},{"key":"e_1_2_4_5_1","doi-asserted-by":"publisher","DOI":"10.1080\/07350015.2011.648859"},{"key":"e_1_2_4_6_1","doi-asserted-by":"publisher","DOI":"10.1111\/iere.12074"},{"key":"e_1_2_4_7_1","doi-asserted-by":"publisher","DOI":"10.1080\/07350015.2014.949342"},{"key":"e_1_2_4_8_1","doi-asserted-by":"crossref","unstructured":"Baumeister C. &Kilian L.(2016a).A general approach to recovering market expectations from futures prices with an application to crude oil. (Working paper) University of Michigan Ann Arbor MI.","DOI":"10.2139\/ssrn.2754033"},{"key":"e_1_2_4_9_1","doi-asserted-by":"publisher","DOI":"10.1257\/jep.30.1.139"},{"key":"e_1_2_4_10_1","doi-asserted-by":"publisher","DOI":"10.1016\/j.eneco.2014.08.008"}],"container-title":["Journal of Applied Econometrics"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.wiley.com\/onlinelibrary\/tdm\/v1\/articles\/10.1002%2Fjae.2584","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/pdf\/10.1002\/jae.2584","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2023,9,3]],"date-time":"2023-09-03T00:33:18Z","timestamp":1693701198000},"score":1,"resource":{"primary":{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/10.1002\/jae.2584"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2017,7,5]]},"references-count":9,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2018,1]]}},"alternative-id":["10.1002\/jae.2584"],"URL":"https:\/\/doi.org\/10.1002\/jae.2584","archive":["Portico"],"relation":{},"ISSN":["0883-7252","1099-1255"],"issn-type":[{"value":"0883-7252","type":"print"},{"value":"1099-1255","type":"electronic"}],"subject":[],"published":{"date-parts":[[2017,7,5]]}}}