In this paper, we propose linear and nonparametric models to predict one month, three months, six months, one year, eighteen months and two years ahead crude oil price in out-of-sample background. Mainly, our forecast depends on three predictor variables, the change in crude oil inventories, its...

This paper studies the impact of local religiosity on analyst forecast accuracy. Using the level of religious adherence as a proxy for religiosity in firm headquarter states, we find that analyst forecasts are more accurate for firms located in areas with stronger religious social norms. Our...