. However, once we condition on market liquidity and volatility, we find significant asymmetric herding behavior in both markets …This study investigates and compares herding in US corporate bond and equity markets between January 2008 and December … 2018. Our initial unconditional tests detect significant herding in speculative grade (high yield) corporate bonds only …

others in the market, thereby herding against their private information. This tendency is attributed to risk aversion … empirical evidence of herding in two different cross-sections of financial markets using cross-sectional deviations of stock … stock returns from January 2011 to December 2015, we examine the small and large-cap stocks for the effect of herding. We …

participants with heterogeneous information. We look at herding asymmetry between up and down markets, taking into consideration … and non-fundamental herding, as well as proposing a method for investigating herd behaviour of different groups of … investors. Empirical evidence based on the Ho Chi Minh Stock Exchange in Vietnam reveals a greater level of herding on up …

We adopt the cross-sectional absolute deviation model (CSAD) to test the herding behavior of ChiNext, a decade …-old NASDAQ-style stock market in China, based on its stocks from 2015-2019. Our findings show that the herding behavior is … enterprises and dominated by individual investors instead of institutional investors. Moreover, we find that herding tends to be …

This paper first extends Sias (2004) to examine whether UK fund managers are engaged in herding behaviours in the stock … market, their reasons for herding, whether their herding behaviours are different during bullish and bearish periods and … whether or not their herding behaviours are informational. Our results demonstrate that UK fund managers' cascades primarily …