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Herd Behavior in Global Stock Markets by Yashi Srivastava is a document available to read on EtoBox.
This document summarizes a study that analyzes herd behavior in global stock markets using an index called the revised herd behavior index (RHIX). The study uses stock price data from the MSCI to calculate the RHIX for different countries and continents. It finds evidence of herd behavior, or comovement of stock prices, particularly during periods of financial crisis like the Asian financial crisis, dot-com bubble burst, global financial crisis, and European debt crisis. The RHIX provides a standardized mea
- Author
- Yashi Srivastava
- Language
- EN