is also increasingly important in Taiwan. One of the three leading tourism source countries for Taiwan is the Republic of … Korean Won / New Taiwan $ exchange rate and tourist arrivals from Korea to Taiwan, as well as their associated volatility … crisis of 2008-09. Inclusion of the exchange rate allows approximate daily price effects on Korean tourism arrivals to Taiwan …

the Taiwan tourism industry. The analysis is based on two conditional multivariate models, BEKK-AGARCH and VARMA … sources to Taiwan, namely USA, Japan, and China. Furthermore, all the return series reveal quite high volatility spillovers …

the empirical analysis is for Taiwan, where we have three decades of quarterly data available of forecasts and their … updates of the inflation rate and real GDP growth rate. Our empirical results suggest that the forecast updates for Taiwan are …