Rather, Sartaj Rasool; Paul, Sunil; Durai, S. Raja Sethu - In: Economics Bulletin 35 (2015) 1, pp. 226-232
This study shows that replacing the traditional measure of asymmetry that is skewness in the inflation forecasting model with an alternative asymmetry measure that captures the joint influence of both skewness and variance on inflation significantly improves the forecast at various horizons. The...