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 …