Skip to main content
Financial Innovation

Table 7 VIF tests

From: Business cycle and herding behavior in stock returns: theory and evidence

(4)

VIF

Dummy 1

2.04

Dummy 2

2.04

Mean VIF

2.04

(5)

VIF

Dummy 1

2.04

Dummy 2

2.88

GDP Growth rate

1.83

Mean VIF

2.25

(6)

VIF

Dummy 1

3.35

Dummy 2

2.18

Forecaster uncertainty

3.05

Mean VIF

2.86

  1. The VIF measures the extent of multicollinearity among explanatory variables in models (4)–(6) of Table 3
Back to article page