This study examines herding behavior in the Pakistani Stock Market under different market conditions, focusing on the … J 51:31–37, 1995) and Chang et al., (J Bank Finance 24:1651–1679, 2000) are used for herding estimations. Results based … on daily stock data reveal that there is an absence of herding behavior during rising (up) and falling (down) market as …

aforementioned continuous phenomena occur. We find that both the Korean and Chinese stock markets are not fully efficient; this … stock markets might result in dissimilar trading strategies being employed for these two markets. …

, it also reveals that herding forms in Taiwan’s markets during the subprime crisis period. …The aim of this study is to investigate the herding of beta transmission between return and volatility. We have used … demonstrates that herding is a key transmitter in Taiwan’s stock market. The significant estimation of DCC-MIDAS explains …