Binner, Jane; Elger, Thomas; Jones, Barry; Nilsson, Birger - In: Applied Economics Letters 17 (2010) 6, pp. 593-596
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.