Blar i Vitenskapelige publikasjoner (IMF) på forfatter "Oglend, Atle"
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Estimating the Competitive Storage Model with Stochastic Trends in Commodity Prices
Osmundsen, Kjartan Kloster; Kleppe, Tore Selland; Liesenfeld, Roman; Oglend, Atle (Peer reviewed; Journal article, 2021)We propose a State-Space Model (SSM) for commodity prices that combines the competitive storage model with a stochastic trend. This approach fits into the economic rationality of storage decisions and adds to previous ...