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A Study on Taiwan's Bond Market Integrity and Market Timing Ability - Based on The Armax-Garch Model

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Academic year: 2020

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Figure

Table-2. Summary statistics of bond funds’ performances
Table-3.  The T-M model and T-M ARMAX-GARCH model results
Table-4.  Mann-Whitney-Wilcoxon test on the T-M and T-M ARMAX-GARCH models

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