We derive new tests for proper calibration of multivariate density forecasts based on Rosenblatt probability integral transforms. These tests have the advantage that they i) do not depend on the ordering of variables in the forecasting model, ii) are applicable to densities of arbitrary...

The article looks to the status of Portugal-China bilateral relations in the context of an enormous trade deficit, the fading of Portuguese economic interests in Macao and China, and the removal of China as a vector of Portugal foreign policy. The author stresses that the causes of the...