This paper investigates herding behavior in the Athens Stock Exchange focusing on the recent crisis period. To this end we employ a survivor bias free dataset of all listed stocks from 2007 to May 2015. We apply the cross sectional dispersion approach and provide results that extend and are...

This study examines the performance of mutual funds that employ investment strategies based on the principles of behavioral finance, collectively known as “behavioral mutual funds”. A series of performance measures is employed in order to test whether behavioral mutual funds outperform the...

This study examines the performance of mutual funds that employ investment strategies based on the principles of behavioral finance, collectively known as "behavioral mutual funds". A series of performance measures is employed in order to test whether behavioral mutual funds outperform the stock...

The 2008-2009 global financial crisis has raised new questions about the relationship between equity fund flows and stock market returns. This paper analyses it using US monthly data over the period 2000:1-2015:08. A VAR-GARCH(1,1)-in-mean model with a BEKK representation is estimated, and a...

The 2008-2009 global financial crisis has raised new questions about the relationship between equity fund flows and stock market returns. This paper analyses it using US monthly data over the period 2000:1-2015:08. A VAR-GARCH(1,1)-in-mean model with a BEKK representation is estimated, and a...