Abstract
This article presents out-of-sample inflation forecasting results based on relative price variability and skewness. It is demonstrated that forecasts on long horizons of 1.5-2 years are significantly improved if the forecast equation is augmented with skewness.
Original language | English |
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Pages (from-to) | 593-596 |
Number of pages | 4 |
Journal | Applied Economics Letters |
Volume | 17 |
Issue number | 6 |
DOIs | |
Publication status | Published - Apr 2010 |
ASJC Scopus subject areas
- Economics and Econometrics