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Time varying oil risk premiums

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Table 4.1. Futures price observations between January 2010 and June 2017 by yearly maturity buckets.
Table 4.2. Analysts’ price forecasts between January 2010 and June 2017 separated by maturity bucket.
Table 5.1 shows the model parameter estimates. It can be noted that half of the param- param-eter estimates are statistically significant at a 1% and 3/4 of them at a 10% significance level.
Figure 5.1 shows the term structure (from 1 month to 10 years) of annualized risk premiums over the whole sample period (01/2010 to 06/2017)
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