Inflation forecasting, relative price variability and skewness

Jane M. Binner, Thomas Elger, Barry E. Jones, Birger Nilsson

Research output: Contribution to journalArticle

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 languageEnglish
Pages (from-to)593-596
Number of pages4
JournalApplied Economics Letters
Volume17
Issue number6
Early online date9 Sep 2008
DOIs
Publication statusPublished - 2010

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Skewness
Relative price variability
Inflation forecasting

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Binner, Jane M. ; Elger, Thomas ; Jones, Barry E. ; Nilsson, Birger. / Inflation forecasting, relative price variability and skewness. In: Applied Economics Letters. 2010 ; Vol. 17, No. 6. pp. 593-596.
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Binner, JM, Elger, T, Jones, BE & Nilsson, B 2010, 'Inflation forecasting, relative price variability and skewness', Applied Economics Letters, vol. 17, no. 6, pp. 593-596. https://doi.org/10.1080/13504850802112260

Inflation forecasting, relative price variability and skewness. / Binner, Jane M.; Elger, Thomas; Jones, Barry E.; Nilsson, Birger.

In: Applied Economics Letters, Vol. 17, No. 6, 2010, p. 593-596.

Research output: Contribution to journalArticle

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