An analysis of herd behavior in Latin American stock markets
This research investigates whether the major stock markets in Latin America (Brazil, Mexico, Chile, Colombia, Peru and Argentina) exhibited herd behavior over the period January 2, 2002 to June 30, 2014, using the variation in the returns overall and by sector in the most representative stock market...
- Autores:
-
Duarte Duarte, Juan Benjamín
Garcés Carreño, Laura Daniela
Sierra Suárez, Katherine Julieth
- Tipo de recurso:
- Fecha de publicación:
- 2016
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/9158
- Acceso en línea:
- http://hdl.handle.net/10784/9158
- Palabra clave:
- C31
G14
G15
Bolsa de valores - América Latina
Mercado bursátil
Comportamiento de rebaño - modelos matemáticos
- Rights
- License
- Acceso abierto
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2016-06-222016-09-15T13:18:03Z2016-06-222016-09-15T13:18:03Z1657-4206http://hdl.handle.net/10784/915810.17230/ecos.2016.42.1This research investigates whether the major stock markets in Latin America (Brazil, Mexico, Chile, Colombia, Peru and Argentina) exhibited herd behavior over the period January 2, 2002 to June 30, 2014, using the variation in the returns overall and by sector in the most representative stock market index in each country, using the model proposed by Christie y Huang (1995) -- The results do not reveal any herd behavior in the total market, or in the sectors of the markets examined in the studyEl objetivo de este artículo es investigar la existencia de efecto manada en los principales mercados bursátiles de América Latina (Brasil, México, Chile, Colombia, Perú y Argentina), para el periodo comprendido entre el 2 de enero de 2002 y el 30E de junio de 2014, tomando como variable de estudio la dispersión de los retornos del índice más representativo de cada país y de los sectores que lo componen, utilizando el modelo propuesto por Christie y Huang (1995) -- Los resultados obtenidos no revelan presencia alguna de efecto manada en el total de los mercados ni en los sectores que los conformanapplication/pdfengUniversidad EAFITEcos de Economía: A Latin American Journal of Applied Economics; Vol 20, No 42 (2016); 4-18http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3556http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3556Copyright (c) 2016 Juan Benjamín Duarte Duarte, Laura Daniela Garcés Carreño, Katherine Julieth Sierra SuárezAcceso abiertohttp://purl.org/coar/access_right/c_abf2instname:Universidad EAFITreponame:Repositorio Institucional Universidad EAFITEcos de Economía: A Latin American Journal of Applied Economics; Vol 20, No 42 (2016); 4-18C31G14G15Bolsa de valores - América LatinaMercado bursátilComportamiento de rebaño - modelos matemáticosAn analysis of herd behavior in Latin American stock marketsAnálisis del Comportamiento Manada en los sectores bursátiles de América Latinainfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionarticlepublishedVersionArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Duarte Duarte, Juan BenjamínGarcés Carreño, Laura DanielaSierra Suárez, Katherine JuliethEcos de Economía: A Latin American Journal of Applied Economics2042418ecos.econ.ORIGINALarticulo.htmlarticulo.htmlTexto completo HTMLtext/html371https://repository.eafit.edu.co/bitstreams/7e265365-1fb9-45a6-ae59-dc9fd09f0716/download317ba1fb5bdc10daabe667bed225c735MD51document (68).pdfdocument (68).pdfTexto completo PDFapplication/pdf235553https://repository.eafit.edu.co/bitstreams/a75dc107-8543-4ff3-8a46-02f507993085/downloadf4dc824a074982faf270ffa8fd90a36eMD52THUMBNAILminaitura-ecos_Mesa de trabajo 1.jpgminaitura-ecos_Mesa de trabajo 1.jpgimage/jpeg251248https://repository.eafit.edu.co/bitstreams/d72b874b-1e7a-41d2-b3da-e8378d4564af/download9b15d674b076c1793a0bc25cebb1bcefMD5310784/9158oai:repository.eafit.edu.co:10784/91582020-03-07 14:41:36.137open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co |
| dc.title.eng.fl_str_mv |
An analysis of herd behavior in Latin American stock markets |
| dc.title.spa.fl_str_mv |
Análisis del Comportamiento Manada en los sectores bursátiles de América Latina |
| title |
An analysis of herd behavior in Latin American stock markets |
| spellingShingle |
An analysis of herd behavior in Latin American stock markets C31 G14 G15 Bolsa de valores - América Latina Mercado bursátil Comportamiento de rebaño - modelos matemáticos |
| title_short |
An analysis of herd behavior in Latin American stock markets |
| title_full |
An analysis of herd behavior in Latin American stock markets |
| title_fullStr |
An analysis of herd behavior in Latin American stock markets |
| title_full_unstemmed |
An analysis of herd behavior in Latin American stock markets |
| title_sort |
An analysis of herd behavior in Latin American stock markets |
| dc.creator.fl_str_mv |
Duarte Duarte, Juan Benjamín Garcés Carreño, Laura Daniela Sierra Suárez, Katherine Julieth |
| dc.contributor.author.spa.fl_str_mv |
Duarte Duarte, Juan Benjamín Garcés Carreño, Laura Daniela Sierra Suárez, Katherine Julieth |
| dc.subject.none.fl_str_mv |
C31 G14 G15 Bolsa de valores - América Latina Mercado bursátil Comportamiento de rebaño - modelos matemáticos |
| topic |
C31 G14 G15 Bolsa de valores - América Latina Mercado bursátil Comportamiento de rebaño - modelos matemáticos |
| description |
This research investigates whether the major stock markets in Latin America (Brazil, Mexico, Chile, Colombia, Peru and Argentina) exhibited herd behavior over the period January 2, 2002 to June 30, 2014, using the variation in the returns overall and by sector in the most representative stock market index in each country, using the model proposed by Christie y Huang (1995) -- The results do not reveal any herd behavior in the total market, or in the sectors of the markets examined in the study |
| publishDate |
2016 |
| dc.date.available.none.fl_str_mv |
2016-09-15T13:18:03Z |
| dc.date.issued.none.fl_str_mv |
2016-06-22 |
| dc.date.accessioned.none.fl_str_mv |
2016-09-15T13:18:03Z |
| dc.date.none.fl_str_mv |
2016-06-22 |
| dc.type.eng.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion article publishedVersion |
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Artículo |
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publishedVersion |
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1657-4206 |
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http://hdl.handle.net/10784/9158 |
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10.17230/ecos.2016.42.1 |
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1657-4206 10.17230/ecos.2016.42.1 |
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http://hdl.handle.net/10784/9158 |
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eng |
| language |
eng |
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Ecos de Economía: A Latin American Journal of Applied Economics; Vol 20, No 42 (2016); 4-18 |
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http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3556 |
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http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/3556 |
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Acceso abierto |
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application/pdf |
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Universidad EAFIT |
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instname:Universidad EAFIT reponame:Repositorio Institucional Universidad EAFIT |
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Ecos de Economía: A Latin American Journal of Applied Economics; Vol 20, No 42 (2016); 4-18 |
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