This article analyzes empirically the herding behavior on emerging markets, measuring the degree of herding by foreign investors on emerging equity markets, and evaluating the effects of this behavior on the riskiness of the markets. We use an adaptation of the LSV Herding measure and calculate...

This paper analyzes empirically the behavior of foreign investors on emerging equity markets in a cross-country setting, including 14 emerging markets from the year 2000 to 2005. We could find little evidence that these investors have brought problems to local emerging markets. Foreign investors...

This paper empirically evaluates Risk-Neutral Densities (RND) and Real-World Densities (RWD) as predictors of future outcomes of emerging markets currencies. The dataset consists of volatility surfaces from 11 emerging market currencies, with approximately six years of daily data, using options...