2023

• de Lange, Petter Eilif; Risstad, Morten; Semmen, Kristian; Westgaard, Sjur. (2023) Term Premia in Norwegian Interest Rate Swaps. Journal of Risk and Financial Management. volum 16 (3).
  Vitenskapelig artikkel

2022

• De Lange, Petter Eilif; Melsom, Borger Christopher; Vennerød, Christian Bakke; Westgaard, Sjur. (2022) Explainable AI for Credit Assessment in Banks. Journal of Risk and Financial Management. volum 15 (12).
  Vitenskapelig artikkel
• De Lange, Petter Eilif; Risstad, Morten; Westgaard, Sjur. (2022) Estimating value-at-risk using quantile regression and implied volatilities. Journal of Risk Model Validation. volum 16 (1).
  Vitenskapelig artikkel
• De Lange, Petter Eilif; Risstad, Morten; Westgaard, Sjur. (2022) Term Premia in Norwegian Government Bond Yields. Beta. volum 36 (1).
  Vitenskapelig artikkel
• Fiskin, Cemile Solak; Turgut, Ozgu; Westgaard, Sjur; Cerit, A. Güldem. (2022) Time series forecasting of domestic shipping market: Comparison of SARIMAX, ANN-based models and SARIMAX-ANN hybrid model. International Journal of Shipping and Transport Logistics. volum 14 (3).
  Vitenskapelig artikkel
• Melsom, Borger Christopher; Vennerød, Christian Bakke; De Lange, Petter Eilif; Hjelkrem, Lars Ole; Westgaard, Sjur. (2022) Explainable artificial intelligence for credit scoring in banking. Journal of Risk. volum 25 (2).
  Vitenskapelig artikkel
• Mohanty, Sunil K.; Frydenberg, Stein; Osmundsen, Petter; Westgaard, Sjur; Skjøld, Christian Chartcai. (2022) Risk factors in stock returns of U.S. oil and gas companies: evidence from quantile regression analysis. Review of Quantitative Finance and Accounting. volum 60.
  Vitenskapelig artikkel
• Myrland, Caroline Aarvold; De Lange, Petter Eilif; Westgaard, Sjur; Schlingloff, André. (2022) Examining classical capital structure models of debt utilization decisions in Norwegian SME shipping companies. Beta. volum 36 (1).
  Vitenskapelig artikkel
• Pimentel, Rita; Risstad, Morten; Westgaard, Sjur. (2022) Predicting interest rate distributions using PCA & quantile regression. Digital Finance.
  Vitenskapelig artikkel
• Schönheit, David; Homann, Lasse Claas Mathis; Möst, Dominik; Westgaard, Sjur. (2022) Measuring the effect of corrective short-term updates for wind energy forecasts on intraday electricity prices. Journal of Energy Markets. volum 15 (3).
  Vitenskapelig artikkel
• Tran, Vu Le; Westgaard, Sjur; Lavrutich, Maria. (2022) Stock markets during COVID-19. Beta. volum 36 (1).
  Vitenskapelig oversiktsartikkel/review

2021

• Chen, Jilong; Ewald, Christian Oliver; Ouyang, Ruolan; Westgaard, Sjur; Xiao, Xiaoxia. (2021) Pricing commodity futures and determining risk premia in a three factor model with stochastic volatility: the case of Brent crude oil. Annals of Operations Research. volum 313.
  Vitenskapelig artikkel
• Mohanty, Sunil K.; Ådland, Roar Os; Westgaard, Sjur; Frydenberg, Stein; Lillienskiold, Hilde; Kristensen, Cecilie. (2021) Modelling Stock Returns and Risk Management in the Shipping Industry. Journal of Risk and Financial Management. volum 14 (4).
  Vitenskapelig artikkel
• Westgaard, Sjur; Frydenberg, Stein; Mohanty, Sunil K.. (2021) Fourteen large commodity trading disasters: What happened and what can we learn?. Journal of Commodity Markets.
  Vitenskapelig oversiktsartikkel/review

2020

• Sebastião, Helder; Godinho, Pedro; Westgaard, Sjur. (2020) Using Machine Learning to Profit on the Risk Premium of the Nordic Electricity Futures. Scientific Annals of Economics and Business. volum 67.
  Vitenskapelig artikkel
• Sveinsson, Jørgen Andersen; Frydenberg, Stein; Westgaard, Sjur; Aaløkken, Maurits Mogenssøn. (2020) Performance of value-at-risk averaging in the Nordic power futures market. Journal of Energy Markets. volum 13 (3).
  Vitenskapelig artikkel
• Westgaard, Sjur; Fleten, Stein-Erik; Negash, Ahlmahz; Botterud, Audun; Bogaard, Katinka; Verling, Trude Haugsvær. (2020) Performing price scenario analysis and stress testing using quantile regression: A case study of the Californian electricity market. Energy. volum 214.
  Vitenskapelig artikkel

2019

• Westgaard, Sjur; Paraschiv, Florentina; Ekern, Lina Lasessen; Naustdal, Ingrid; Roald, Malene. (2019) Forecasting Price Distributions in the German Electricity Market. International Financial Markets, Volume 1.
  Vitenskapelig Kapittel/Artikkel/Konferanseartikkel
• Westgaard, Sjur; Århus, Gisle Hoel; Frydenberg, Marina; Frydenberg, Stein. (2019) Value-at-risk in the European energy market: a comparison of parametric, historical simulation and quantile regression value-at-risk. Journal of Risk Model Validation. volum 13 (4).
  Vitenskapelig artikkel

2018

• De Lange, Petter Eilif; Aamo, Per Egil; Westgaard, Sjur. (2018) The Norwegian financial bond market : A comprehensive market review with an empirical analysis of the main drivers of spreads. Beta. volum 32 (1).
  Vitenskapelig artikkel
• Haugom, Erik; Hoff, Guttorm Andre; Molnar, Peter; Mortensen, Maria; Westgaard, Sjur. (2018) The Forward Premium in the Nord Pool Power Market. Emerging markets finance & trade. volum 54 (8).
  Vitenskapelig artikkel
• Henriksen, Tom Erik Sønsteng; Pichler, Alois; Westgaard, Sjur; Frydenberg, Stein. (2018) Can commodities dominate stock and bond portfolios?. Annals of Operations Research.
  Vitenskapelig artikkel
• Negash, Ahlmazh I.; Westgaard, Sjur. (2018) Evaluating Optimal Cost-Effectiveness of Demand Response in Wholesale Markets. IEEE Power & Energy Society General Meeting.
  Vitenskapelig oversiktsartikkel/review
• Schütz, Peter; Westgaard, Sjur. (2018) Optimal hedging strategies for salmon producers. Journal of Commodity Markets. volum 12.
  Vitenskapelig artikkel

2017

• Benth, Fred Espen; Eriksson, Marcus Karl Viren; Westgaard, Sjur. (2017) Stochastic Volatility Modeling of Emission Allowances Futures Prices in the European Union Emission Trading System Market. Real Options in Energy and Commodity Markets.
  Vitenskapelig Kapittel/Artikkel/Konferanseartikkel
• Benth, Fred Espen; Eriksson, Marcus Karl Viren; Westgaard, Sjur. (2017) Optimal management of green certificates in the Swedish-Norwegian market. Journal of Energy Markets. volum 10 (2).
  Vitenskapelig artikkel
• Frydenberg, Stein; Hrafnkelsson, Kjartan; Bromseth, Vegard Strand; Westgaard, Sjur. (2017) Hedge Fund Strategies and Time-Varying Alphas and Betas. The journal of wealth management. volum 19 (4).
  Vitenskapelig artikkel
• Westgaard, Sjur; Osmundsen, Petter; Stenslet, Lord Olav Daniel; Ringheim, Jo Kogstad. (2017) Modeling superior predictors for crude oil prices. Journal of Energy Markets. volum 10 (2).
  Vitenskapelig artikkel
• Westgaard, Sjur; Steen, Marie Gotteberg. (2017) Is Beta Dead for Commodities?. Journal of Investing. volum 26 (4).
  Vitenskapelig artikkel

2016

• Hagfors, Lars Ivar; Bunn, Derek; Kristoffersen, Eline; Staver, Tiril Toftdahl; Westgaard, Sjur. (2016) Modeling the UK electricity price distributions using quantile regression. Energy. volum 102.
  Vitenskapelig artikkel
• Hagfors, Lars Ivar; Kamperud, Hilde Hørthe; Paraschiv, Florentina; Prokozcuk, Marcel; Sator, Alma; Westgaard, Sjur. (2016) Prediction of extreme price occurrences in the German day-ahead electricity market. Quantitative finance (Print). volum 16 (12).
  Vitenskapelig artikkel
• Hagfors, Lars Ivar; Paraschiv, Florentina; Molnar, Peter; Westgaard, Sjur. (2016) Using quantile regression to analyze the effect of renewables on EEX price formation. Renewable Energy and Environmental Sustainability. volum 32 (1).
  Vitenskapelig artikkel
• Haugom, Erik; Ray, Rina; Ullrich, Carl J.; Veka, Steinar Svartskuren; Westgaard, Sjur. (2016) A parsimonious quantile regression model to forecast day-ahead value-at-risk. Finance Research Letters. volum 16.
  Vitenskapelig artikkel
• Tjaaland, Sturla Horpestad; Westgaard, Sjur; Osmundsen, Petter; Frydenberg, Stein. (2016) Oil and Gas Risk Factor Sensitivities for U.S. Energy Companies. Journal of Energy and Development. volum 41 (1 and 2).
  Vitenskapelig artikkel

2015

• Birkelund, Ole Henrik; Haugom, Erik; Molnar, Peter; Opdal, Martin; Westgaard, Sjur. (2015) A comparison of implied and realized volatility in the Nordic power forward market. Energy Economics. volum 48.
  Vitenskapelig artikkel
• Bunn, Derek; Andresen, Arne; Chen, Dipeng; Westgaard, Sjur. (2015) Analysis and Forecasting of Electricity Price Risks with Quantile Factor Models. Energy Journal. volum 37 (1).
  Vitenskapelig artikkel
• Dahlen, Kai Erik; Solibakke, Per Bjarte; Westgaard, Sjur; Næss, Arvid. (2015) On the Estimation of Extreme Values for Risk Assessment and Management: The ACER Method. International journal of business. volum 20 (1).
  Vitenskapelig artikkel
• Fleten, Stein-Erik; Huisman, Ronald; Kilic, Mehtap; Pennings, Enrico; Westgaard, Sjur. (2015) Electricity futures prices: time-varying sensitivity to fundamentals. Journal of Energy Markets. volum 8 (4).
  Vitenskapelig artikkel
• Huisman, Ronald; Michels, David; Westgaard, Sjur. (2015) HYDRO RESERVOIR LEVELS AND POWER PRICE DYNAMICS: EMPIRICAL INSIGHT ON THE NONLINEAR INFLUENCE OF FUEL AND EMISSION COST ON NORD POOL DAY-AHEAD ELECTRICITY PRICES. Journal of Energy and Development. volum 40 (1-2).
  Vitenskapelig artikkel
• Steen, Marie; Westgaard, Sjur; Gjølberg, Ole. (2015) Commodity value-at-risk modeling: comparing RiskMetrics, historic simulation and quantile regression. Journal of Risk Model Validation. volum 9 (2).
  Vitenskapelig artikkel

2014

• Frydenberg, Stein; Onochie, Joseph I.; Westgaard, Sjur; Midtsund, Nora; Ueland, Hanna. (2014) Long-term relationships between electricity and oil, gas and coal future prices — evidence from Nordic countries, Continental Europe and the United Kingdom. Opec Energy Review. volum 38 (2).
  Vitenskapelig artikkel
• Haugom, Erik; Hoff, Guttorm Andre; Mortensen, Maria; Molnar, Peter; Westgaard, Sjur. (2014) The forecasting power of medium-term futures contracts. Journal of Energy Markets. volum 7 (4).
  Vitenskapelig artikkel
• Haugom, Erik; Langeland, Henrik Søyland; Molnar, Peter; Westgaard, Sjur. (2014) Forecasting volatility of the U.S. oil market. Journal of Banking & Finance. volum 47 (1).
  Vitenskapelig artikkel
• Haugom, Erik; Lien, Gudbrand; Veka, Steinar Svartskuren; Westgaard, Sjur. (2014) Covariance estimation using high-frequency data: Sensitivities of estimation methods. Economic Modelling. volum 43.
  Vitenskapelig artikkel
• Haugom, Erik; Veka, Steinar Svartskuren; Lien, Gudbrand; Westgaard, Sjur. (2014) Estimating and evaluating Value-at-Risk forecasts based on realized variance: empirical evidence from ICE Brent Crude oil futures. Opec Energy Review. volum 38 (4).
  Vitenskapelig artikkel
• Westgaard, Sjur. (2014) Energy Spread Modeling Using Copulas. Energy Pricing Models : Recent Advances, Methods, and Tools.
  Vitenskapelig Kapittel/Artikkel/Konferanseartikkel
• Westgaard, Sjur; Veka, Steinar Svartskuren; Haugom, Erik; Lien, Gudbrand. (2014) A note on the risk characteristics of european energy futures markets :. Beta. volum 28 (1).
  Vitenskapelig artikkel

2013

• Arvesen, Øystein; Medbø, Vegard Gjelsvik; Fleten, Stein-Erik; Tomasgard, Asgeir; Westgaard, Sjur. (2013) Linepack storage valuation under price uncertainty. Energy. volum 52.
  Vitenskapelig artikkel
• Frydenberg, Stein; Reiakvam, Oddvar Hallset; Thyness, Stian Borgen; Westgaard, Sjur. (2013) Hedge Funds—Risk Exposure in Different Quantiles and Market Sentiments. Journal of Investing. volum 22 (3).
  Vitenskapelig artikkel

2012

• Berg, Terje; Westgaard, Sjur. (2012) Risk reporting to the board of directors: comparison of norwegian power companies and banks. Journal of Energy Markets. volum 5 (3).
  Vitenskapelig artikkel
• Lien, Gudbrand; Haugom, Erik; Westgaard, Sjur; Solibakke, Per Bjarte. (2012) Covariance estimation using high-frequency data : an analysis of Nord Pool electricity forward data. Journal of Energy and Power Engineering. volum 6 (4).
  Vitenskapelig artikkel
• Veka, Steinar; Lien, Gudbrand; Westgaard, Sjur; Higgs, Helen. (2012) Time-varying dependency in European energy markets: an analysis of Nord Pool, European Energy Exchange and Intercontinental Exchange energy commodities. Journal of Energy Markets. volum 5 (2).
  Vitenskapelig artikkel
• Westgaard, Sjur. (2012) Decision Support Modeling in Energy Markets: Part 1 : LETTER FROM THE GUEST EDITOR. Journal of Energy Markets. volum 5 (2).
  Leder
• Westgaard, Sjur. (2012) Decision Support Modeling in Energy Markets: Part 2 : LETTER FROM THE GUEST EDITOR. Journal of Energy Markets. volum 5 (3).
  Leder

2011

• Haugom, Erik; Westgaard, Sjur; Solibakke, Per Bjarte; Lien, Gudbrand. (2011) Modelling day-ahead Nord Pool forward-price volatility: realized rolatility versus GARCH models. International Research Journal of Finance and Economics.
  Vitenskapelig artikkel
• Haugom, Erik; Westgaard, Sjur; Solibakke, Per Bjarte; Lien, Gudbrand. (2011) Realized volatility and the influence of market measures on predictability : an analysis of Nord Pool forward electricity data. Energy Economics. volum 33 (6).
  Vitenskapelig artikkel
• Sandvik, Sjur Hordvik; Frydenberg, Stein; Westgaard, Sjur; Heitmann, Rolv Kristian. (2011) Hedge Fund Performance in Bull and Bear Markets: Alpha Creation and Risk Exposure. Journal of Investing. volum 20 (1).
  Vitenskapelig artikkel
• Solibakke, Per Bjarte; Westgaard, Sjur; Lien, Gudbrand. (2011) Carbon stochastic volatility model estimation and inference : forecasting (un-)conditional moments. Economics & Finance Review. volum 1 (6).
  Vitenskapelig artikkel
• Westgaard, Sjur; Estenstad, Maria; Seim, Maria Anglevik; Frydenberg, Stein. (2011) Co-integration of ICE Gas oil and Crude oil futures. Energy Economics. volum 33 (2).
  Vitenskapelig artikkel
• Westgaard, Sjur; Frydenberg, Stein. (2011) Hedgefond - avkastning og risiko 1992-2011. Praktisk økonomi & finans. volum 27 (3).
  Vitenskapelig artikkel

2010

• Andresen, Arne; Koekebakker, Steen; Westgaard, Sjur. (2010) Modeling electricity forward prices using the multivariate normal inverse Gaussian distribution. Journal of Energy Markets. volum 3 (3).
  Vitenskapelig artikkel
• Haug, Espen Gaarder; Frydenberg, Stein; Westgaard, Sjur. (2010) Distribution and Statistical Behavior of Implied Volatility. Business Valuation Review. volum 29 (4).
  Vitenskapelig artikkel
• Myklebust, Jogeir Stave; Tomasgard, Asgeir; Westgaard, Sjur. (2010) Forecasting gas component prices with multivariate structural time series models. Opec Energy Review. volum 34 (2).
  Vitenskapelig artikkel

2008

• Frydenberg, Stein; Lindset, Snorre; Westgaard, Sjur. (2008) Hedge Fund Return Statistics 1994-2005. Journal of Investing. volum 17 (1).
  Vitenskapelig artikkel
• Helbæk, Morten; Westgaard, Sjur. (2008) Statistikk : kort og godt. Universitetsforlaget. 2008. ISBN 9788215012070.
  Lærebok
• Talberg, Magnus; Winge, Christian; Frydenberg, Stein; Westgaard, Sjur. (2008) Capital Structure Across Industries. International Journal of the Economics of Business. volum 15 (2).
  Vitenskapelig artikkel
• Westgaard, Sjur; Eidet, Amund; Frydenberg, Stein; Grosås, Thor Christian. (2008) Investigating the Capital Structure of UK Real Estate Companies. Journal of Property Research. volum 25 (1).
  Vitenskapelig artikkel
• Westgaard, Sjur; Faria, Eduardo; Fleten, Stein-Erik. (2008) Price dynamics of natural gas components: Empirical evidence. Journal of Energy Markets. volum 1 (3).
  Vitenskapelig artikkel
• Westgaard, Sjur; Faria, Eduardo; Fleten, Stein-Erik. (2008) Price dynamics of natural gas components: empirical evidence. Journal of Energy Markets. volum 1 (3).
  Vitenskapelig artikkel

2007

• Helbæk, Morten; Westgaard, Sjur. (2007) Statistikk- Kort og godt. Universitetsforlaget. 2007. ISBN 978-82-15-01207-0.
  Lærebok

2006

• Frydenberg, Stein; Westgaard, Sjur; Grøneng, Magnus Slåttekjær; Nygård, Geir Ø.. (2006) Hedgefonds - Sett med et norsk perspektiv. Beta. volum 2.
  Vitenskapelig artikkel

2005

• Westgaard, Sjur. (2005) What can modern statistical and mathematical techniques add to the analysis and prediction of bankruptcy?. Beta.
  Vitenskapelig artikkel

2003

• Hol, Suzan; Westgaard, Sjur; Wijst, Dominicus van der. (2003) Firm Financial Structure and Bankruptcy Prediction: Empirical Tests. 2003. Working Paper Series of Department of Industrial Economics, NTNU (7).
  Rapport
• Hol, Suzan; Westgaard, Sjur; Wijst, Dominicus van der. (2003) Firm Financial Structure and Bankruptcy Prediction: Numerical Simulations. 2003. Working Paper Series for Department of Industrial Economics, NTNU (6).
  Rapport
• Hol, Suzan; Westgaard, Sjur; Wijst, Dominicus van der. (2003) Firm Financial Structure and Bankruptcy Prediction: Theoretical Derivations. 2003. Working Paper Series for Department of Industrial Economics, NTNU (5).
  Rapport

2001

• Westgaard, Sjur; Wijst, Dominicus van der. (2001) Default Probabilities in a corporate bank portfolio: A logistic model approach. European Journal of Operational Research. volum 135.
  Vitenskapelig artikkel

1998

• Westgaard, Sjur. (1998) Styring av markedsrisiko i finansielle organisasjoner. Magma - Tidsskrift for økonomi og ledelse.
  Vitenskapelig artikkel

1997

• Westgaard, Sjur. (1997) Kapitalforvaltning i et livselskap. Praktisk økonomi og ledelse. volum 2.
  Vitenskapelig artikkel