endogenous variable in a sentence
Examples
- Instrumental variables, for example, attempt to model the endogenous variable " X " as an often invertible model with respect to a relevant and exogenous instrument " Z ".
- That is, if we consider a sufficiently small change in some exogenous parameter, we can calculate how each endogenous variable changes using only the first derivatives of the terms that appear in the equilibrium equations.
- For an equation in a system of equations to be identified, the number of excluded exogenous variables in that equation must be at least as great as the number of included endogenous variables, less one.
- The test statistic can be computed from chi-square variable with ( m-k ) degrees of freedom ( where m is the number of instruments and k is the number of endogenous variables ).
- The survey questions measured the different aspects of the TRA model : behavioral beliefs, outcome evaluations, attitude toward the behavior, normative beliefs, motivation to comply, subjective norms, and the consequence endogenous variable.
- Thus, the occurrence of one structural shock " ? i, t " can potentially lead to the occurrence of shocks in all error terms " e j, t ", thus creating contemporaneous movement in all endogenous variables.
- Then, we can use ( z 1, z 2, z 3 ) as instruments to estimate the coefficients in the above equation since there are one endogenous variable ( y 2 ) and one excluded exogenous variable ( z 2 ) on the right hand side.
- Internal risks arise from factors ( endogenous variables, which can be controlled ) such as human factors ( talent management, strikes ), technological factors ( emerging technologies ), physical factors ( failure of machines, fire or theft ), operational factors ( access to credit, cost cutting, advertisement ).
- The " rank condition " of identifiability is that " n i " } }, where ? " i " 0 is a matrix which is obtained from ? by crossing out those columns which correspond to the excluded endogenous variables, and those rows which correspond to the included exogenous variables.
- Judea Pearl defines a causal model as an ordered triple \ langle U, V, E \ rangle, where U is a set of exogenous variables whose values are determined by factors outside the model; V is a set of endogenous variables whose values are determined by factors within the model; and E is a set of structural equations that express the value of each endogenous variable as a function of the values of the other variables in U and V.