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CBO's Oil Price Forecasting Record: Working Paper 2020-03

Ron Gecan

No 56356, Working Papers from Congressional Budget Office

Abstract: CBO forecasts benchmark prices of oil to support its economic and budgetary projections. This paper describes the method CBO uses to forecast oil prices and assesses the quality of the agency's projections during the 1993–2019 period, including how that quality compares with that of other forecasts.

JEL-codes: C00 G17 Q02 Q47 (search for similar items in EconPapers)
Date: 2020-05-14
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