Evidence map›Paper›PMID 34307288›Full record

ArticleFrontiers in public health2021

The Effect of COVID-19 on Herding Behavior in Eastern European Stock Markets.

Hao Fang, Chien-Ping Chung, Yen-Hsien Lee, Xiaohan Yang

Abstract read
In one paragraph

Article in Frontiers in public health, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 2 papers.

0numbers the graph read from it
0cells of the map it votes in
2citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

2 citing papers in PubMed.

  1. Review
  2. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Hao FangSchool of Economics, QuFu Normal University, Rizhao, China.
Chien-Ping ChungManagement Undergraduate Program, National Taiwan University of Science and Technology, Taipei, Taiwan.
Yen-Hsien LeeDepartment of Finance, Chung Yuan Christian University, Chungli, Taiwan.
Xiaohan YangSchool of Economics, QuFu Normal University, Rizhao, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Unlike past health crises that were more localized, the highly contagious coronavirus disease 2019 (COVID-19) crisis is impacting the world to an unprecedented extent. This is the first study examining how and whether the COVID-19 pandemic affects herding behavior in the Eastern European stock markets. Using samples from the stock markets of Russia, Poland, the Czech Republic, Hungary, Croatia, and Slovenia from January 1, 2010 to March 10, 2021, we demonstrate that the COVID-19 pandemic has increased herding behavior in all the sample stock markets. Our results show that the COVID-19 crisis reinforces the impact of global market returns on herding behavior in these specific stock markets. We find that COVID-19 strengthens the spillover effect of regional herding on herding behavior. Thus, financial authorities should monitor investors in the stock market to avoid the increase in herding behavior as well as the reinforcement of the global market returns and regional return dispersion on herding during the period of pandemic.

Indexed as

COVID-19PandemicsCommerceCroatiaCzech RepublicHumansHungaryInvestmentsPolandRussiaSARS-CoV-2SloveniaCOVID-19CSAD modelEastern Europeherding behaviorregional herdingstock market

Identifiers

PMID34307288
PMCPMC8294187

What OpenQuestion holds

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LicenceCC BY
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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.