Economic Variable

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Economic Variable

Any data accounted for in an economic model. An economic variable is any measurement that helps to determine how an economy functions. Examples include population, poverty rate, inflation, and available resources. See also: Indicator.
References in periodicals archive ?
The result of variance decomposition analysis (VDA) for economic variables Economic growth rate VDA of Korea Korea USA Japan 73.
The projections of economic variables and Norges Bank's interest rate forecast are interdependent.
For the risk and covariance equations, estimation results are more similar for the two approaches with the pure Garch bivariate model producing slightly more predictive power than the alternative model augmented with economic variables.
One gets a rather seriously complex set of permutations and combinations of possible outcomes based on economic diplomacy, internal and international political and economic policies of each country, diplomatic relations amongst these states, and so forth, as well as relative prices, comparative advantage, and many of the usual economic variables.
Other economic variables, like real interest rates, might also shift and contribute to the process.
If the Fed does not smooth interest rates and adjusts its funds-rate target rapidly in response to the short- and long-run economic variables discussed above, then changes in the funds rate are likely to be serially uncorrelated.
The interplay between budget deficits and other economic variables is of great importance to economic policy makers.
Their reception can be furthered influenced by a host of other social, cultural, and economic variables.
The two communities in each state were matched on selected demographic and economic variables.
The straight line approach to forecasting changes in economic variables should be suspect, since the oil price, which had been $2.
In addition, it provides an overview of changing shopping trends, government policies towards business, the influence of various economic variables on the retail industry, the competitive landscape and detail of key retailers.
The Economic Calibration Service incorporates Moody s Analytics projections for more than 1,800 economic variables at the national and regional level, including labor market trends, interest rates, GDP, consumer leverage and house price indexes.