Pincheira, Pablo; Medel, Carlos A. - In: Czech Journal of Economics and Finance (Finance a uver) 65 (2015) 1, pp. 2-29
We evaluate the ability of several univariate models to predict inflation in the US and in a number of inflation targeting countries at different forecasting horizons. We focus on forecasts coming from a family of ten seasonal models that we call the Driftless Extended Seasonal ARIMA (DESARIMA)...