文章基本信息

标题：Herding behaviour in cryptocurrency and emerging financial markets
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作者：Maurice Omane-Adjepong ; Imhotep Paul Alagidede ; Anna Gustav Lyimo 等
期刊名称：Cogent Economics & Finance
电子版ISSN：2332-2039
出版年度：2021
卷号：9
期号：1
页码：1933681
DOI：10.1080/23322039.2021.1933681
出版社：Taylor and Francis Ltd
摘要：The letter examines herding in the most liquid cryptocurrency markets relative to traditional financial markets of 10 emerging economies within the G20. Our results reference significant symmetric crowd and imitation trading, which are dependent on time. Additionally, we report asymmetric herd behaviour in the cryptocurrency and stock markets, indicative that traders of these markets react collectively to extreme return movement with implied high risk and consequences for market informational efficiency.
关键词：Herding ; cryptocurrency ; emerging markets ; g20