Herd Behavior in Financial Markets : A Review

A Review

Herd Behavior in Financial Markets : A Review
Policymakers often express concern that herding by financial market participants destabilizes markets and increases the fragility of the financial system. This paper provides an overview of the recent theoretical and empirical research on herd behavior in financial markets. It addresses the following questions: What precisely do we mean by... READ MORE...

Publication date: March 2000
ISBN 9781451846737
$15.00

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