Dieses Papier beschäftigt sich mit dem Herdenverhalten (“Herding”) vonInvestmentfondsmanagern in Folge von Analystenempfehlungen. Dabei wird zunächstuntersucht, ob sich überhaupt ein gleichgerichtetes Verhalten der Fondsmanager nachVeröffentlichung einer Analystenempfehlung beobachten...

East Enders tells the story of a hundred families who live in two of the lowestincome areas in the East End of London, Hackney and Newham. The East Endhas the biggest concentration of poverty in the capital. It lies at the heart of theThames Gateway, London’s major growth area.Nearly half the...

The two areas in which this study is based are located in Northern cities. The first area, KirksideEast, is a large council estate four miles from the centre of Leeds. It is predominantly councilrented, housing low-income, mainly white residents, many of whom have strong local connectionsand at...

The authors determine the time horizon on the risk of stock investments.