This article describes the use of OLS regression analysis to build a fairly simple model that can estimate the price of crude oil.

I model gold prices using structural multivariate regression models through four different parametric approaches (OLS, t-distribution, quantile regression, and log-normal). Higher US inflation, a ...

Trygve Haavelmo was awarded the 1989 Alfred Nobel Memorial Prize for Economic Science for his introduction of the probability approach to econometrics. This paper gives some background to Haavelmo's ...

Checking parameter stability of econometric models is a long-standing problem. Almost all existing structural change tests in econometrics are designed to detect abrupt breaks. Little attention has ...