Do gender, age and education affect herding in the real estate market?

Tõnn Talpsepp and Anne-Liis Tänav

Journal of Behavioral and Experimental Finance, 2021, vol. 32, issue C

Abstract: The paper analyses how gender, age, education level and field of education affect herding in the real estate market. We use a dataset of residential real estate transactions from 2004–2012 in Estonia that contains demographic and educational information on the individuals in it. We do not identify any gender-based differences in herding but find a low to moderate degree of herding among very young and older individuals. Individuals with a degree in economics tend to herd less than average.

Keywords: Herding; Real estate; Housing market; Socio-demographic factors; Education (search for similar items in EconPapers)
JEL-codes: G02 G11 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2214635021001155

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:32:y:2021:i:c:s2214635021001155

DOI: 10.1016/j.jbef.2021.100571

Access Statistics for this article

Journal of Behavioral and Experimental Finance is currently edited by Michael Dowling and Jürgen Huber

More articles in Journal of Behavioral and Experimental Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().