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WORLDWIDE RECESSIONS AND HERDING BEHAVIOUR: A COMPARATIVE ANALYSIS OF THREE COUNTRIES

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The general suggestion that behavioural science plays a part in creating abnormalities within the financial sector has been studied and proposed many times in the past. This study aims to prove the existence of behavioural sciences specifically herding behaviour in three countries with different market conditions: Indonesia (Emerging), Vietnam (Frontier), and the United States (Developed). We developed our methodology using quantile regression to study the existence of herding behaviour and our findings was as follows: (1) As expected, the US didn’t have any indication of a statistically significant herding presence, they do however indicate an insignificant presence of herding behaviour in the post-covid period under bearish conditions (2) Vietnam does not indicate significant herding tendencies, (3) Surprisingly, Indonesia did not exhibit statistically significant herding presence, but both Indonesia and Vietnam exhibited the slight presence of herding behaviour but still relatively insignificant.

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Availability

30007476

7476

RLC MM (Rak Tesis)

Available

Detail Information

Series Title

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Statement of Responsibility

Nurtantyo Pratomo Suyadi

Call Number

7476

Publisher

Salemba, Jakarta : Magister Manajemen FEB UI., 2024

Collation

xi, 76 p. : ill. ; 30 cm.

Language

English

ISBN/ISSN

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Classification

650

Content Type

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Edition

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Subject(s)

Manajemen Keuangan
Tesis
Covid-19
Emerging Markets
Herding Behaviour
Frontier Markets
Developed Markets

Specific Detail Info

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