endogenous variable

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Endogenous variable

A value determined within the context of a model. Related: Exogenous variable.

Endogenous Variable

A variable with a value determined by the equation in which it exists. See also: Dependent Variable.

endogenous variable

a VARIABLE in an ECONOMIC MODEL that both affects and is itself affected by the relationship depicted in the model. For example, in the EQUILIBRIUM LEVEL OF NATIONAL INCOME model, an increase in consumption spending increases aggregate demand and raises the level of national income. By the same token, an increase in the level of national income (which results, say, from an increase in investment) will induce an increase in consumption spending. Compare EXOGENOUS VARIABLE.

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Following the analysis performed, the coefficients of the endogenous variables are statistically significant at a level of confidence of 95%.

THE ANALYSIS OF ECONOMIC AND SOCIAL INEQUALITIES AT REGIONAL LEVEL

The statistical qualities of the model, such as the strong interdependence between exogenous and endogenous variables, support this methodological approach and suggest that OCA theory can provide relatively strong support for the calculation of modified OCA indexes (Skorepa, IES 2011, and Finance a liver 2013).

Convergence Process in EMU - OCA Indexes Approach

Annual data is employed for the following endogenous variables (1) Current account as % of GDP, (2) Output gap as % of potential output, and (3) Real effective Exchange rate misalignment

DYNAMIC INTERACTION BETWEEN MACROECONOMIC IMBALANCES: THE CASE OF EGYPT

In essence, we apply the Granger causality (GC) concept to investigate the empirical relations between current and lagged endogenous variables and the relative predictive ability of each set of lagged endogenous variables.

RATING CHANGES AND COMPETING INFORMATION: EVIDENCE ON PUBLICLY TRADED INSURANCE FIRMS

This means that the model structure contains only endogenous variables (except the deterministic components of the model), with their maximum delay time being the same.

DEFAULT RATE IN THE CZECH REPUBLIC DEPENDING ON SELECTED MACROECONOMIC INDICATORS

Each empirical model is developed by trial and error method accommodating exogenous and endogenous variables and also by observing goodness-of-fit values of the models and consistency with real life expected scenario.

A STRUCTURAL EQUATION APPROACH IN MODELING PERCEIVED SERVICE QUALITY OF PASSENGER FERRY

Empiricists: Convinced that observation is our only tool against economic ignorance, empiricists are certain that the only defensible theoretical propositions are those derived from discerning patterns whereby changes in exogenous variables constantly precede changes in endogenous variables, thus establishing empirically (for example, through Granger tests) the direction of causality.

Gift giving: The economists who stole Christmas

Some studies treat car ownership and travel distance as the endogenous variables explained by sociodemographics and built environment [1, 16], while other studies consider them as the exogenous variables to explain mode choice behavior [4, 17].

Does Urban Rail Transit Discourage People from Owning and Using Cars? Evidence from Beijing, China

where [y.sub.t] = ([y.sub.1t],[y.sub.2t], ..., [y.sub.kt])' is a vector of K observable endogenous variables.

Modelling Trends of Climatic Variability and Malaria in Ghana Using Vector Autoregression

Basist and [S.sup.PLS] are endogenous variables and c([tau]) is the N-dimensional intercept term vector at the level of division [tau] = ([[tau].sub.1],[[tau].sub.2]).

Investor Sentiment and the Basis of CSI300 Stock Index Futures: An Empirical Study Based on QVAR Model and Quantile Regression