formation of herding. Our findings show a strong association between herd formation in stock markets and COVID-19 induced market … uncertainty. The herding effect of COVID-19 induced market uncertainty is particularly strong for emerging stock markets as well …The aim of this study is to understand the effect of the recent novel coronavirus pandemic on investor herding behavior …

controversial players in global financial markets. SWFs are government owned financial vehicles deriving their wealth from oil …-2010 and involving 29 out of the 52 existing SWFs, this paper assesses whether SWFs herd in equity markets across industries …. The results, a negative measure of herding equal to -5%, imply that SWFs do not herd across industries. Indeed they tend …

conditional correlation multivariate GARCH model to ascertain the contagious effect of the US to the selected African markets. By … the returns of the US market and the African markets. The inspection of the pre-crisis, crisis, post-crisis mean and … shock experienced in the US posed a threat to the African markets being examined. Further, evidence revealed that in the …

This paper provides new evidence of herding in global equity markets. Using quantile regressions applied to daily data … for 33 countries, we investigate herding during the Eurozone crisis, China's market crash in 2015-2016, and in the … aftermath of the Brexit vote. We find significant evidence of herding behavior driven by negative tail market conditions for …