Skip to main content

Research Repository

Advanced Search

All Outputs (3)

Analyst herding-whether, why, and when? Two new tests for herding detection in target forecast prices. (2023)
Journal Article
REVELEY, C., SHANAEV, S., BIN, Y., PANTA, H. and GHIMIRE, B. 2023. Analyst herding-whether, why, and when? Two new tests for herding detection in target forecast prices. Economics and business review [online], 9(4), pages 25-55. Available from: https://doi.org/10.18559/ebr.2023.4.892

This study proposes two novel tests for security analyst herding based on binomial correlation and forecast error volatility scaling and applies it to investigate herding patterns in analyst target prices in 2008-2020 in the UK. Analysts robustly her... Read More about Analyst herding-whether, why, and when? Two new tests for herding detection in target forecast prices..

A generalised seasonality test and applications for cryptocurrency and stock market seasonality. (2022)
Journal Article
SHANAEV, S. and GHIMIRE, B. 2022. A generalised seasonality test and applications for cryptocurrency and stock market seasonality. Quarterly review of economics and finance [online], 86, pages 172-185. Available from: https://doi.org/10.1016/j.qref.2022.07.002

This study develops a novel generalised seasonality test that utilises sequential dummy variable regressions for seasonality periodicity equal to prime numbers. It allows to test for existence of any seasonal patterns against the broad null hypothesi... Read More about A generalised seasonality test and applications for cryptocurrency and stock market seasonality..

Effects of official versus online review ratings. (2021)
Journal Article
GHIMIRE, B., SHANAEV, S. and LIN, Z. 2022. Effects of official versus online review ratings. Annals of tourism research [online], 92, article number 103247. Available from: https://doi.org/10.1016/j.annals.2021.103247

The rating systems of tourism and hospitality services are instrumental for both businesses and consumers. Businesses use them to determine their promotion and pricing strategies, while consumers rely on them to make an informed decision. These syste... Read More about Effects of official versus online review ratings..