Economou, Fotini; Kostakis, Alexandros; Philippas, Nikolaos - In: Journal of International Financial Markets, … 21 (2011) 3, pp. 443-460
This study provides comprehensive evidence testing for the existence of herding effects in the Portuguese, Italian, Spanish and Greek market, constructing a survivor-bias-free dataset of daily stock returns during the period January 1998-December 2008. Moreover, it examines the potential...