Exchange-rate movement is regularly monitored by central banks for macroeconomic-analysis and market-surveillance purposes. Notwithstanding the pioneering study of Meese and Rogoff (1983), which shows the superiority of the random-walk model in out-of-sample exchange-rate forecast, there is some...

In this study, a numerical model of tide surge was developed and applied to the coast of Taiwan and the adjacent sea area. This two-dimensional model has a fine horizontal resolution and takes into account the interaction between storm surges and astronomical tides, which is suitable for...