Commodity price changes and the predictability of economic policy uncertainty

Yudong Wang, Bing Zhang, Xundi Diao and Chongfeng Wu

Economics Letters, 2015, vol. 127, issue C, 39-42

Abstract: In this study, we forecast economic policy uncertainty (EPU) using input on 23 commodity price changes. We reveal the significant predictability of EPU using three forecast combinations. This indicates that commodity price changes can be taken as a leading indicator of EPU.

Keywords: Commodity prices; Economic policy uncertainty; Forecast combination (search for similar items in EconPapers)
JEL-codes: C53 E44 E52 E60 E62 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (57)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176514004911
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:127:y:2015:i:c:p:39-42

DOI: 10.1016/j.econlet.2014.12.030

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().