incentives to implement such a trigger? We construct a theoretical model of a bank that is financed with debt and equity, and a … bank manager monitoring the bank’s loan portfolio. The manager must be incentivized to warn the board before a crisis …

document the extent that herding exists in the banks or link different hypotheses to actual bank herding behavior. This paper … measures to U.S. commercial banks during the period from 1976 to 2010 to document bank herding behavior across the various … examine how herding has changed in response to changes in macroeconomic conditions and bank financial health over the past 30 …

We look into determinants (volatility, crises, sentiment and the U.S. ‘fear’ index) of herding using BRICS as our … sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global … financial crisis (only China was affected). There was no herding during the European debt crisis and COVID. With regard to the …