Home > Terms > English, UK (UE) > Exogenous variable

Exogenous variable

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.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Economy Category: International economics

Quantitative easing round 3 (QE3)

The U.S. Federal Reserve's 3rd round of stimulus aimed at shoring up the country's economy since the 2007 world financial crisis. It's designed to ...

Contributor

Featured blossaries

Xiaomi

Category: Technology   1 7 Terms

Names of God

Category: Religion   1 10 Terms

Browers Terms By Category