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Definitions for "Exogenous variable"
Keywords:  endogenous, variable, model, outside, pegged
Related Terms: Endogenous variable, Independent variables, State variable, Dependent variable, Independent variable, Intervening variable, Extraneous variable, Variables, Latent variable, Multicollinearity, Covariate, Negative correlation, Control variable, Dummy variable, Regression, Regression analysis, Variable, Static variable, Var, Logistic regression, Multiple regression analysis, Global variable, Factor , Coefficient of determination, Variable, Regression equation, Local variable, Main effect, Multiple regression, Regression coefficient, Covariance, Partial correlation, Scope , Variable, Indicator variable, Variability, Coefficient of correlation, Automatic variable, Linear regression, Statistical model, Multivariate, Response variable, Causal relationship, Parameter, Correlated, Variability, Serial correlation, Correlation, Confounding variable
A variable caused by one or more variables not contained within the given model.
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A variable that is taken as given by an economic model. It therefore is subject to direct manipulation by the modeler. In most models, policy variables such as tariffs and par values of pegged exchange rates are exogenous. Contrasts with endogenous variable.
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a variable that never appears as a dependent variable in any equation in a structural model
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Keywords:  hypothesis, theory, forward, expectations, exchange
Expectations hypothesis theories Expectations theory of forward exchange rates
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