Abstract
This paper analyzes herding by Japanese macroeconomic forecasters. We find that Japanese forecasters herd together regardless of their age. In comparison, Lamont (1995) finds that older American forecasters stop herding.
| Original language | English |
|---|---|
| Pages (from-to) | 343-346 |
| Number of pages | 4 |
| Journal | Journal of Economic Behavior and Organization |
| Volume | 46 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2001 Nov |
Keywords
- C53
- D82
- D84
- Forecast
- Herd behavior
- Reputation
ASJC Scopus subject areas
- Economics and Econometrics
- Organizational Behavior and Human Resource Management