Andreu, Laura; Ortiz, Cristina; Sarto, José Luis - In: Applied financial economics 19 (2009) 19/21, pp. 1649-1659
In this article, we contribute to financial literature on institutional herding behaviour, intertemporal imitation and informational cascades by analysing the changes in the strategic asset allocations of Spanish equity pension plans investing in Eurozone equities. This article is mainly focused...
