hedging performance and volatility risk in option markets: application to Standard and Poorś 500 and Taiwan index options … and their impacts on Taiwan and Hong Kong, prediction and simulation using simple models characterized by nonstationarity …

arrivals from Japan to Taiwan and New Zealand. However, other explanatory variables, such as real income in the origin country … New Zealand and Taiwan based on seasonally unadjusted quarterly data for 1980(1) to 2004(2). The empirical results of the …

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 …