| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5085041 | International Review of Financial Analysis | 2013 | 9 Pages |
Abstract
⺠We document the existence of herding behavior in the US REITs during 2004-2011. ⺠We incorporate variables related to the funding conditions and market sentiment. ⺠Deterioration of investors' sentiment contributed to the emergence of herding. ⺠Adverse funding conditions affected US REIT herding behavior. ⺠The recent financial crisis did not seem to contribute to this phenomenon.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nikolaos Philippas, Fotini Economou, Vassilios Babalos, Alexandros Kostakis,