Pierdzioch, Christian; Rülke, Jan-Christoph; … - In: Applied Economics 45 (2013) 17, pp. 2371-2379
Based on the approach developed by Elliott <italic>et al</italic>. (2005), we found that the loss function of a sample of oil price forecasters is asymmetric in the forecast error. Our findings indicate that the loss oil price forecasters incurred when their forecasts exceeded the price of oil tended to be...