… We assess herding from the perspective of a frontier market using two approaches – a …
of herding behavior in a frontier market setting. While we aim to study the nature of herding …

… herding literature regarding frontier markets and provides novel findings regarding the
herding … As a result, frontier markets offer an interesting setting for analysis and the respective …

… During a pandemic, the results of the analysis for both emerging and frontier markets show
that γ 3 had a significant negative value, thereby indicating herd behavior. The value of γ 3 …

… ) frontier markets tend to be characterized by rather low capitalization and trading volume.
c This study contributes to research on herding in frontier markets by examining herding in the …

… herding is significant in frontier markets in … market concentration typifying frontier markets
in general. Second, in line with the extant herding literature, we investigate whether herding in …

… We examine institutional herding in frontier markets for the … examines herding among fund
managers in two frontier markets (… Despite the wealth of evidence on institutional herding from …

… be considered the most conclusive and in-depth study of herding in a frontier market yet. Our
study expands its analysis of herd behaviour to the industry level for two main reasons. First…

… Besides, we also focus our analysis of herding on industry levels for a number of points.
The first motivation arises from the importance of industry allocation. Hou (2007) suggests that …

… the market is not really effective, greatly affecting the market … the herding behavior of emerging
market and frontier market … This analysis defines if herding behavior is present and how it …

… herding in a sample of frontier markets in the Middle East, using a state-space approach.
The stock markets we … We also analyze the effect of extreme global and local events, and …