beschränkten Informationen, einer Fokussierung auf wenige Handelstage und einer begrenzten Liquidität zu Herdenverhalten und …

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 …. However, once we condition on market liquidity and volatility, we find significant asymmetric herding behavior in both markets …

This paper is investigated herding and cross-herding behavior in the UAE equity markets during the period from January … 1, 2008 to March 31, 2019. Herding behavior is tested in both static and regime-switching framework. The findings of the … paper suggest a presence of significant herd behavior in the UAE markets. Herding asymmetries are detected with respect to …

The main purposes of this quantitative study were to examine the existence of herding behavior among investors in Amman … others when taking investment decisions. The main enquires of the study were about the existence of herding in the Jordanian … ASE website and analyzed using ordinary least squares method. The results indicated that herding is absent in the …

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 …

Exchange from January 2005 to December 2015, we find strong evidence of herding in the Korean stock market, as in previous … studies on herding. Herding arises only when the market is in stress: during bear states, core stocks herd toward the market … portfolio and peripheral stocks herd toward core stocks in their clusters. During bull markets, however, adverse herding arises …

This study aims to test the herding phenomenon on the Indonesia Stock Exchange. The test is conducted on two categories …) over the spans of 2011-2016. Using the record of buying and selling transactions, the herding is measured using LSV methods … and tested using a standard t-test to prove the existence of herding and independent t-test to test the differences of …

This paper analyses herding behaviour in the Pakistan stockexchange (PSX, formerly known as Karachi stock exchange, KSE … of marketmovements. The absence of the herding behaviour may be because these firmsbelong to different sectors which may … primary datacollection method from investors about their opinion on herding behaviour …

This paper focuses on investigating the relation between herding and liquidity in Vietnam stock market, an issue which … the data set to measure herding and liquidity, respectively. The finding indicates the presence of herd behavior in … Vietnam stock market during the period studied. Moreover, the results reveal significant evidence of herding asymmetry …

We investigate herding in eight African frontier stock markets between January 2002 and July 2015, given the limited … evidence on herding in frontier markets. Herding appears significant throughout the 2002-2015 period for all markets, with … smaller stocks found to enhance its magnitude. Herding entails no clear asymmetries conditional on market performance …