In this study we look for sentimental herding in a sample of frontier markets in the Middle East, using a state-space approach. The stock markets we consider are Oman, Bahrain, Qatar, and Kuwait. We use daily data to estimate monthly betas from a market model and test to see whether estimated monthly betas are biased, which would indicate the existence of herding or adverse herding. We also analyze the effect of extreme global and local events, and market conditions, on herding behavior. For extreme global market conditions we use major events such as the 2007-08 global financial crisis, as well as extreme variations in market returns. Furthermore, given the significance of petroleum in these markets, extreme price changes in spot-oil price...
Frontier markets constitute a category of markets for which very little is known regarding the behav...
We test the impact of herding behaviour on the risk pricing in the Egyptian Stock Exchange (EGX) by ...
This paper examines the impact of herding behaviour on the expected return in the Egyptian Stock Exc...
Purpose This study examines herding in Islamic bank equity markets under various market conditions ...
Herding is an important stock market behaviour for investors and policymakers, it may affect market ...
We investigate herding in the Saudi stock market, where more than 95% of the total trading is initia...
We investigate the influence of oil market volatility and hand-picked OPEC meetings data on herding ...
Frontier markets, particularly the Moroccan financial market, are characterized by a narrowness of m...
We investigate herding in eight African frontier stock markets between January 2002 and July 2015, g...
We investigate herding in eight African frontier stock markets between January 2002 and July 2015, g...
This paper investigate sherding behavior on the Moroccan Stock Exchange using daily data of listed f...
This study aims to examine the presence of herding behavior in the Indonesian stock exchange (BEI), ...
This study examines herding behavior in all industrial sectors of the Turkish stock market. Applying...
This paper examines herd behaviour in extreme market conditions using data from the Athens Stock Exc...
Traditional Finance theory presumed that equity market participants take decisions based on rational...
Frontier markets constitute a category of markets for which very little is known regarding the behav...
We test the impact of herding behaviour on the risk pricing in the Egyptian Stock Exchange (EGX) by ...
This paper examines the impact of herding behaviour on the expected return in the Egyptian Stock Exc...
Purpose This study examines herding in Islamic bank equity markets under various market conditions ...
Herding is an important stock market behaviour for investors and policymakers, it may affect market ...
We investigate herding in the Saudi stock market, where more than 95% of the total trading is initia...
We investigate the influence of oil market volatility and hand-picked OPEC meetings data on herding ...
Frontier markets, particularly the Moroccan financial market, are characterized by a narrowness of m...
We investigate herding in eight African frontier stock markets between January 2002 and July 2015, g...
We investigate herding in eight African frontier stock markets between January 2002 and July 2015, g...
This paper investigate sherding behavior on the Moroccan Stock Exchange using daily data of listed f...
This study aims to examine the presence of herding behavior in the Indonesian stock exchange (BEI), ...
This study examines herding behavior in all industrial sectors of the Turkish stock market. Applying...
This paper examines herd behaviour in extreme market conditions using data from the Athens Stock Exc...
Traditional Finance theory presumed that equity market participants take decisions based on rational...
Frontier markets constitute a category of markets for which very little is known regarding the behav...
We test the impact of herding behaviour on the risk pricing in the Egyptian Stock Exchange (EGX) by ...
This paper examines the impact of herding behaviour on the expected return in the Egyptian Stock Exc...