Fantazzini, Dean; Fomichev, Nikita - In: International Journal of Computational Economics and … 4 (2014) 1/2, pp. 4-31
New models to forecast the real price of oil on the basis of macroeconomic indicators and Google search data are proposed. A large-scale out-of-sample forecasting analysis comparing the different models is performed. It is found that models including both Google data and macroeconomic aggregates...