COVID-19 effect on herding behaviour in European capital markets

被引：71

作者：

Espinosa-Mendez, Christian ^{[1
]}

Arias, Jose ^{[2
,3
]}

机构：

[1] Univ Santiago Chile, Dept Adm, Fac Adm & Econ, Santiago, Chile

[2] Univ Catolica Santisima Concepcion, Business Sch, Alonso de Ribera 2850, Concepcion, Chile

[3] Middlesex Univ London, Business Sch, London NW4 4BT, England

来源：

FINANCE RESEARCH LETTERS | 2021年 / 38卷

关键词：

COVID-19; Herding behaviour; Europe; Pandemic;

D O I：

10.1016/j.frl.2020.101787

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This article investigates whether COVID-19 pandemic had an effect on herding behaviour in Europe. Using a sample from the stock exchanges of France (Paris), Germany (Frankfurt), Italy (Milan), United Kingdom (London) and Spain (Madrid), over the period from January 03, 2000 to June 19, 2020, we found robust evidence that COVID-19 pandemic increased herding behaviour in the capital markets of Europe.

引用

页数：6

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