literature by exploring the underlying reasons for herding in China. It is shown that analyst recommendation, short-term investor … and Khorana (2000), we find robust evidence of herding in both the up and down markets. We contribute to the existing … horizon, and risk are the principal causes of herding. However, we cannot find evidence that relates herding to firm size, nor …

(SHSE) and Shenzhen Stock Exchange (SZSE) in China. We report the presence of herding behavior during the period under study …We analyze herding behavior in the Chinese stock markets in the context of the COVID-19 pandemic using the cross …-sectional absolute deviation (CSAD) model proposed by Chang et al. (2000) to detect herding behavior in the time period between January …

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

Purpose: the paper aims at examining the existence of herding behaviour in two opposite market condition: bullish and … Egyptian market exhibits herding behaviour in general especially when the market is down, (b) the Egyptian market was found to … herding behaviour. Originality/value: The study contributes to the literature as (a) it extends studies of herding behaviour …

This paper proposes a dynamic herding approach which takes into account herding under different market regimes, with … also yield evidence of herding behavior under the crash regime for all of the markets except Qatar which herds under the … low and high volatility regimes. The findings of the cross-GCC herding model also demonstrate herding comovements and not …

We study if government response to the novel coronavirus COVID-19 pandemic can mitigate investor herding behaviour in … are in order. First, results show evidence of investor herding in international stock markets. Second, we document that … the Oxford Government Response Stringency Index mitigates investor herding behaviour, by way of reducing multidimensional …

The aim of this study is to understand the effect of the recent novel coronavirus pandemic on investor herding behavior … diseases, we examine the association between pandemic-induced market uncertainty and herding behavior in a set of 49 global … models. Utilizing a time-varying variation of the static herding model, we first identify periods during which herding is …

herding behavior and market risk. Moreover, speculators' orders depend on price trends, market misalignments and fundamental … news. Using a mix of analytical and numerical tools, we show that a herding-induced market entry wave may amplify excess …

Although social mood can motivate herding towards new industries, the extent to which regulators cater to social mood … may affect that herding. We explore this issue in the context of the nascent cannabis industry by examining herding among … the prevailing social mood on cannabis' legalization. Canadian-listed cannabis stocks entail strong herding across all …