Herd behavior of Japanese economists

Masahiro Ashiya, Takero Doi

Research output: Contribution to journalArticlepeer-review

34 Citations (Scopus)


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.

Original languageEnglish
Pages (from-to)343-346
Number of pages4
JournalJournal of Economic Behavior and Organization
Issue number3
Publication statusPublished - 2001 Nov


  • C53
  • D82
  • D84
  • Forecast
  • Herd behavior
  • Reputation

ASJC Scopus subject areas

  • Economics and Econometrics
  • Organizational Behavior and Human Resource Management


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