Pavelescu, Florin Marius - In: Journal for Economic Forecasting 2 (2005) 2, pp. 50-71
This paper demonstrates the fact that collinearity between the explanatory variables has an important influence on the estimated parameters values and, also, on the Fisher and Student tests if the Ordinary Least Squares (OLS) Method is used. The impact of collinearity in linear regressions is...