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COVID-19 effect on herding behaviour in European capital markets

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 foun...

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Detalles Bibliográficos
Autores principales: Espinosa-Méndez, Christian, Arias, Jose
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7528846/
https://www.ncbi.nlm.nih.gov/pubmed/33024422
http://dx.doi.org/10.1016/j.frl.2020.101787
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author Espinosa-Méndez, Christian
Arias, Jose
author_facet Espinosa-Méndez, Christian
Arias, Jose
author_sort Espinosa-Méndez, Christian
collection PubMed
description 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.
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spelling pubmed-75288462020-10-02 COVID-19 effect on herding behaviour in European capital markets Espinosa-Méndez, Christian Arias, Jose Financ Res Lett Article 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. Elsevier Inc. 2021-01 2020-10-01 /pmc/articles/PMC7528846/ /pubmed/33024422 http://dx.doi.org/10.1016/j.frl.2020.101787 Text en © 2020 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Espinosa-Méndez, Christian
Arias, Jose
COVID-19 effect on herding behaviour in European capital markets
title COVID-19 effect on herding behaviour in European capital markets
title_full COVID-19 effect on herding behaviour in European capital markets
title_fullStr COVID-19 effect on herding behaviour in European capital markets
title_full_unstemmed COVID-19 effect on herding behaviour in European capital markets
title_short COVID-19 effect on herding behaviour in European capital markets
title_sort covid-19 effect on herding behaviour in european capital markets
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7528846/
https://www.ncbi.nlm.nih.gov/pubmed/33024422
http://dx.doi.org/10.1016/j.frl.2020.101787
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