Lee, Chingnun; Shie, Fu Shuen; Chang, Chiao Yi - In: Pacific-Basin Finance Journal 20 (2012) 3, pp. 349-362
In assessing how far and how close the relationships are between the Taiwan capital market and other international capital markets in Asian financial case, we examine the co-movement patterns by developing the “unequal variance test”. We find that a closer relationship exists between Taiwan...