Search Results for Donor herding behavior

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This paper presents a new model based on the loan-pushing model by Basu (1991) to show how a...

Policymakers often express concern that herding by financial market participants destabilizes...

In an economy à la Diamond and Dybvig (1983), we present an example in which foreign lenders find...

We develop a new methodology to estimate the importance of herd behavior in financial markets: we...

There have been several episodes of financial market "contagion" in the 1990s. Is contagion...

Substantially scaling up of aid flows will require development partners to address many issues,...