Herd Behavior in Financial Markets

Abstract

Herd Behavior in Financial Markets

Herd Behavior in Financial Markets

Sushil Bikhchandani and Sunil Sharma

Exchange Market Pressure and Monetary Policy: Asia and Latin America in the 1990s

Evan Tanner

A Survey of Recent Empirical Money Demand Studies

Subramanian S. Sriram

Inflation and Sovereign Default

Turalay Kenc, William Perraudin, and Paolo Vitale

Exchange Rate Regimes and Inflation Persistence

Michael Bleaney

IMF Staff Papers, the IMF’s scholarly journal, edited by Robert Flood, publishes selected high-quality research produced by IMF staff and invited guests on a variety of topics of interest to a broad audience, including academics and policymakers in IMF member countries. The papers selected for publication in the journal are subject to a rigorous review process using both internal and external referees. The journal and its contents (including an archive of articles from past issues) are available online at http://www.imf.org/external/pubs/ft/staffp/index.htm