Thirty years of herd behavior in financial markets: A bibliometric analysis

Enkhbayar Choijil, Christian Espinosa-Méndez, Wing-Keung Wong, João Paulo Vieito and Munkh-Ulzii Batmunkh

Research in International Business and Finance, 2022, vol. 59, issue C

Abstract: Bibliometric studies have proven useful in helping researchers better explore the current research trends within a particular field of study. This study analyzes academic research on herd behavior in financial markets conducted over 30 years. The Web of Science database was selected to collect bibliographic material and provide various bibliometric indicators, including the number of citations, publications, and authors, while bibliometric techniques were also employed for visualizing the similarities. The results show a significant growth in research on herd behavior, especially following the subprime crisis. The concluding results from the literature indicate that there is no consensus regarding the causes of this phenomenon, but new perspective have emerged to expand research on herd behavior.

Keywords: Herding behavior; Financial markets; Bibliometrics; Web of science (search for similar items in EconPapers)
JEL-codes: G14 G15 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0275531921001276
Full text for ScienceDirect subscribers only

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:riibaf:v:59:y:2022:i:c:s0275531921001276

DOI: 10.1016/j.ribaf.2021.101506

Access Statistics for this article

Research in International Business and Finance is currently edited by T. Lagoarde Segot

More articles in Research in International Business and Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().