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 followin...

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Bibliografische gegevens
Hoofdauteur: Sharma, Sunil
Andere auteurs: Bikhchandani, Sushil
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2000.
Reeks:IMF Working Papers; Working Paper ; No. 2000/048
Online toegang:Full text available on IMF