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.
|Number of pages||4|
|Journal||Journal of Economic Behavior and Organization|
|Publication status||Published - 2001 Nov|
- Herd behavior
ASJC Scopus subject areas
- Economics and Econometrics
- Organizational Behavior and Human Resource Management