The WTI future contract quoted at the NYMEX is the most actively traded instrument in the energy sector. This paper compares the predictive ability of two approaches which can be used to forecast volatility: GARCH-type models where forecasts are obtained after estimating time series models, and...

This paper estimates energy demands for the German and British industrial sectors over the 1978-2004 and the 1991-2004 samples. From time series models we can conclude that there is a considerable variation in the value of the coefficients across sectors, even though energy demands with sensible...