---
title: The Taming of the Skew: Asymmetric Inflation Risk and Monetary Policy
url: https://www.ml-quant.com/papers/repec/bde-wpaper-2626/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-09
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:bde:wpaper:2626
source_url: https://econpapers.repec.org/RePEc:bde:wpaper:2626
featured: 2026-10-09
citations: unknown
topic: Macro-Finance & Rates
---


# The Taming of the Skew: Asymmetric Inflation Risk and Monetary Policy

A model with time-varying skewness in cost-push shocks generates persistent stagflationary effects; optimal policy leans against the balance of inflation risks.

- Source: https://econpapers.repec.org/RePEc:bde:wpaper:2626
- Identifier: RePEc:bde:wpaper:2626
- Released: 2026-10-02
- First featured: Quant Letter No. 134 (2026-10-09): https://www.ml-quant.com/issues/2026-10-09/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates
- Authors: Andrea De Polis, Leonardo Melosi, Ivan Petrella

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