Efecto manada en sectores económicos de las bolsas latinoamericanas: una visión pre y poscrisis subprime

2009 Bikhchandani, 2001, Herd behavior in financial markets, IMF Staff Papers, International Monetary Fund, 47, 279 Borensztein, 2003, Leaders and followers: Emerging market fund behavior during tranquil and turbulent times, Emerging Markets Review, 25, 10.1016/S1566-0141(02)00061-4 Caporale, 2008, Herding behaviour in extreme market conditions: The case of the Athens Stock Exchange, Economics Bulletin, 7, 1 Chang, 2000, An examination of herd behavior in equity markets: An international perspective, Journal of Banking & Finance, 24, 1651, 10.1016/S0378-4266(99)00096-5 Chen, 2013, Do investors herd in global stock markets?, Journal of Behavioral Finance, 14, 230, 10.1080/15427560.2013.819804 Chiang, 2010, An empirical analysis of herd behavior in global stock markets, Journal of Banking & Finance, 34, 1911, 10.1016/j.jbankfin.2009.12.014 Christie, 1995, Following the pied piper: Do individual returns herd around the market, Financial Analysts Journal, 31, 10.2469/faj.v51.n4.1918 De Almeida, 2012, Herd behavior in Latin American stock markets, Latin American Business Rewiew, 13, 81, 10.1080/10978526.2012.700271 Demirer, 2006, Does herding behavior exist in Chinese stock markets?, International Financial Markets, Institutions & Money, 16, 123, 10.1016/j.intfin.2005.01.002 Devenow, 1996, Rational herding in financial economics, European Economic Review, 40, 603, 10.1016/0014-2921(95)00073-9 Economou, 2011, Cross-country effects in herding behaviour: Evidence from four south European markets, Journal of International Financial Markets, Institutions & Money, 21, 443, 10.1016/j.intfin.2011.01.005 Fama, 1970, Efficient capital markets: A review of theory and empirical work, The Journal of Finance, 25, 383, 10.2307/2325486 Gebka, 2013, International herding: Does it differ across sectors?, Journal of International Financial Markets, Institutions & Money, 23, 55, 10.1016/j.intfin.2012.09.003 Gujarati, 2010 Henker, 2006, Do investors herd intraday in Australian equities?, International Journal of Managerial Finance, 2, 196, 10.1108/17439130610676475 Hott, 2009, Herding behavior in asset markets, Journal of Financial Stability, 5, 35, 10.1016/j.jfs.2008.01.004 Kristjanpoller, 2015, El efecto fin de mes en los principales mercados accionarios latinoamericanos, Contaduría y Administración, 60, 53, 10.1016/S0186-1042(15)72147-9 Lao, 2011, Herding behaviour in the Chinese and Indian stock markets, Journal of Asian Economics, 22, 495, 10.1016/j.asieco.2011.08.001 Liu S. (2013). An empirical analysis of herd behavior in the Singapore stock market [tesis de maestría en finanzas], Saint Mary's University. Newey, 1987, A simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrix, Econometrica, 55, 703, 10.2307/1913610 Ohlson P. (2010). Herd Behavior on the Swedish Stock Exchange [master thesis in finance], Jônkôping International Business School, Jônkôping. Ortiz, 2013, Herding behaviour in Spanish global funds’ country allocations, Revista Española de Financiación y Contabilidad, 42, 63, 10.1080/02102412.2013.10779740 Ouarda, 2013, Herding behavior under markets condition: Empirical evidence on the European financial markets, International Journal of Economics and Financial Issues, 3, 214 Scharfstein, 1990, Herd behavior and investment, The American Economic Review, 80, 465 Shiller, 2003, From efficient markets theory to behavioral finance, Journal of Economic Perspectives, 17, 83, 10.1257/089533003321164967 Tan, 2008, Herding behavior in Chinese stock markets: An examination of A and B shares, Pacific-Basin Finance Journal, 16, 61, 10.1016/j.pacfin.2007.04.004