Andrikopoulos, Panagiotis; Hoefer, Andreas Albin; … - In: Review of Behavioral Finance 6 (2014) October, pp. 104-135
Purpose –The purpose of this paper is to present and empirically test for the first time the hypothesis that herding in … herding. Tests are conducted for each market for the period prior to and after its merger into EURONEXT, controlling for a … indicate that, with the exception of Portugal, herding grows in significance, yet declines in momentum post-merger. The authors …
