Herd Behavior and Volatility Persistence in Bombay (Mumbai) Stock Exchange
This paper employs a combination of unit root tests and fractional integration techniques using the ARFIMA(p,d,q) model to test rational bubbles, which implies herd behavior, in Bombay Stock Exchange (BSE). The results in the paper strongly support the evidence of herd behavior in the daily, weekly,...
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| Format: | Article |
| Language: | English |
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HATASO
2020-01-01
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| Series: | Management and Economics Research Journal |
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| Online Access: | https://merj.scholasticahq.com/article/11871-herd-behavior-and-volatility-persistence-in-bombay-mumbai-stock-exchange |