About the Paper
About the Paper
About the Paper
The first page of Peter Cashel-Cordo, et.al's Paper as published in the Journal of Accounting and Finance in 2020.Abstract
This research investigates the existence of herding effects in the real estate market. Case-Shiller Index is used to demonstrate the relationship between herding and the markets. Following the approach in Christie and Huang (1995), we investigate the presence of herd behavior among individuals. Our research presents evidence that herding does not affect individual returns from the housing market. Instead, our findings support the prediction for individual return dispersion offered by the rational asset pricing model.
Originally Published on:
Journal of Accounting and Finance Vol. 20 No. 1 (2020)
Read the Article:Follow this link to read the article. https://articlegateway.com/index.php/JAF/article/view/2747
The first page of Peter Cashel-Cordo, et.al's Paper as published in the Journal of Accounting and Finance in 2020.
Abstract
This research investigates the existence of herding effects in the real estate market. Case-Shiller Index is used to demonstrate the relationship between herding and the markets. Following the approach in Christie and Huang (1995), we investigate the presence of herd behavior among individuals. Our research presents evidence that herding does not affect individual returns from the housing market. Instead, our findings support the prediction for individual return dispersion offered by the rational asset pricing model.
Originally Published on:
Journal of Accounting and Finance
Vol. 20 No. 1 (2020)
Read the Article:
Follow this link to read the article. https://articlegateway.com/index.php/JAF/article/view/2747
Meet the Author
Meet the Author
Meet the Author
Peter Cashel-Cordo
Peter Cashel-Cordo
Peter Cashel-Cordo is a Professor of Economics at the University of Southern Indiana Romain College of Business.
His other works include:
- The public sector impact of international resource transfers
P Cashel-Cordo, SG Craig
Journal of Development Economics 32 (1), 17-42 - Donor preferences and recipient fiscal behavior: a simultaneous analysis of foreign aid
P Cashel‐Cordo, SG Craig
Economic Inquiry 35 (3), 653-671 - Donor Preferences and Recipient Fiscal Behavior: A Simultaneous Analysis of Foreign Aid Fungibility and the Flypaper Effect
P Cashel-Cordo, SG Craig
Manuscript, Canisius College, Buffalo, NY 14208, 431-442
Follow Peter Cashel-Cordo on Google Scholar