(0.032) R_VIX(−1) 0.020 (0.009) −0.021 ** (0.007) −0.026 ** (0.006) R10_VIX(−1) 0.049 (0.037) −0.016 (0.026) −0.054 * (0.026) R20_VIX(−1) −0.038 (0.055) −0.049 (0.039) −0.006 (0.039) Note: ** and * denote significance at 1% and 5%, respectively...