@techreport{Pierdzioch2012note,
abstract = {Using survey forecasts of a large number of Asian, European, and South American emerging market exchange rates, we studied empirically whether evidence of herding or antiherding behavior of exchange-rate forecasters can be detected in the cross-section of forecasts. Emerging market exchange-rate forecasts are consistent with herding (anti-herding) if forecasts are biased towards (away from) the consensus forecast. Our empirical findings provide strong evidence of anti-herding of emerging market exchange-rate forecasters.},
address = {Frankfurt, Oder},
author = {Christian Pierdzioch and Jan-Christoph R\"{u}lke and Georg Stadtmann},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F31; D84; C33; 330},
language = {eng},
number = {324},
publisher = {Europa-Univ. Viadrina, Dep. of Business Administration and Economics},
title = {A note on forecasting emerging market exchange rates: Evidence of anti-herding},
type = {Discussion Paper, European University Viadrina, Department of Business Administration and Economics},
url = {http://hdl.handle.net/10419/64549},
year = {2012}
}
