Advanced search
Publication Cover
Applied Economics Letters Volume 27, 2020 - Issue 9
Submit an article Journal homepage
395
Views
8
CrossRef citations to date
0
Altmetric
Articles

Political risk, fear, and herding on the Brazilian stock exchange

Gerson De Souza Raimundo JúniorDepartment of Business Administration, Pontifical Catholic University of Rio de Janeiro, Rio de Janeiro, BrazilORCID Iconhttps://orcid.org/0000-0001-6882-0695View further author information
ORCID Icon,
Marcelo Cabus KlotzleDepartment of Business Administration, Pontifical Catholic University of Rio de Janeiro, Rio de Janeiro, BrazilCorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0002-5463-6333View further author information
ORCID Icon,
Antonio Carlos Figueiredo PintoDepartment of Business Administration, Pontifical Catholic University of Rio de Janeiro, Rio de Janeiro, BrazilORCID Iconhttps://orcid.org/0000-0002-1452-1240View further author information
ORCID Icon &
André Luis LeiteDepartment of Business Administration and Central Bank of Brazil, Pontifical Catholic University of Rio de Janeiro, Rio de Janeiro, BrazilORCID Iconhttps://orcid.org/0000-0003-3301-8867View further author information
ORCID Icon
Pages 759-763 | Published online: 21 Jul 2019

References

  • Bekaert, G., C. R. Harvey, C. T. Lundblad, and S. Siegel, 2014. “Political Risk Spreads.” NBER Working Paper, 19786.
  • Bikhchandani, S., and S. Sharma. 2000. “Herd Behavior in Financial Markets.” IMF Staff Papers 47 (3): 279–310.
  • Chen, T., 2013, Do Investors Herd in Global Stock Markets? Journal Of Behavioral Finance, 14(3). 230-239. doi:10.1080/15427560.2013.819804.
  • Choi, N., and H. Skiba. 2015. “Institutional Herding in International Markets.” Journal Of Banking & Finance 55: 246-259. doi:10.1016/j.jbankfin.2015.02.002.
  • Christie, W. G., and R. D. Huang. 1995. “Following the Pied Piper: Do Individual Returns Herd around the Market?” Financial Analysts Journal 51 (4): 31–37. doi:10.2469/faj.v51.n4.1918.
  • Humayun Kabir, M., and S. Shakur. 2018. “Regime-dependent Herding Behavior in Asian and Latin American Stock Markets.” Pacific-basin Finance Journal 47: 60–78. doi:10.1016/j.pacfin.2017.12.002.
  • Hwang, S., A. Rubesam, and M. Salmon. 2018. “Overconfidence, Sentiment and Beta Herding: A Behavioral Explanation of the Low-beta Anomaly.” SSRN Electronic Journal. doi:10.2139/ssrn.3224321.
  • Hwang, S., and M. Salmon. 2004. “Market Stress and Herding.” Journal of Empirical Finance 11 (4): 585–616. doi:10.1016/j.jempfin.2004.04.003.
  • Solakoglu, M. N., and N. Demir. 2014. “Sentimental Herding in Borsa Istanbul: Informed versus Uninformed.” Applied Economics Letters 21 (14): 965–968. doi:10.1080/13504851.2014.902015.
  • World Federation of Exchanges. 2019. World Federation of Exchanges Monthly Report – Market Capitalization – May 2019.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.