This study examines investor herding behavior in Pacific-Basin equity markets. Results indicate that the level of … herding is time-varying, and is present in both rising and falling markets. It is positively related to stock market … performance, but negatively related to market volatility. Herding estimates across markets are positively correlated, signifying …

This study investigates the cross-market interdependence among Asia-Pacific countries through dynamic herding spillover … are China, Japan, South Korea, India, the US, and Thailand. Results of the study depict herding spillover and co … herding co-movement is evident between the US-Japan, Japan-South Korea and South Korea-China during various contagious events …

these lines reveals a strong role for a (tamed) herding component. The quantitative performance of the winner model is so … good that it may provide a standard for future research. -- Method of simulated moments ; moment coverage ratio ; herding …

and chartists, comprises four features: (i) price determination by excess demand; (ii) a herding mechanism that gives rise …

We review here theory and evidence relating to herd behavior, payoff and reputational interactions, social learning … parties to engage in herding or cascading, and the incentives for parties to guard against or take advantage of herding or …

This study explores the nexus between investors’ sentiments and herding behavior toward the market consensus in the U ….S. and Europe stock markets from January, 2005 to April, 2021. We document strong evidence of herding during periods … characterized by high level of sentiments. Our results reveal that Thomson Reuters MarketPsych Indices positively impact herding and …

investors' behavior differs between times of market turmoil and tranquil trading periods. Thereby, we take into account herding …

We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …

We highlight herding of investors as one major risk factor that is typically ignored in statistical approaches to … portfolio modelling and risk management. Our survey focuses on smart-beta investing where such methods and investor herding seem … modelling herding risk which merit empirical analysis. This financial economists' perspective supplements the vast statistical …