Related Experiment Video
Updated: Dec 6, 2025

12:08
The Use of Traditional Fear Tests to Evaluate Different Emotional Circuits in Cattle
Published on: April 22, 2020
9.0K
COVID-19 effect on herding behaviour in European capital markets
Christian Espinosa-Méndez1, Jose Arias2,3
1Departamento de Administración, Facultad de Administración y Economía. Universidad de Santiago de Chile, Chile.
Abstract:
This article investigates whether COVID-19 pandemic had an effect on herding behaviour in Europe. Using a sample from the stock exchanges of France (Paris), Germany (Frankfurt), Italy (Milan), United Kingdom (London) and Spain (Madrid), over the period from January 03, 2000 to June 19, 2020, we found robust evidence that COVID-19 pandemic increased herding behaviour in the capital markets of Europe.

