Define and give examples of each of the following: A. Endogenous variables. B. Exogenous variables. C. Pre-determined
Question:
Define and give examples of each of the following:
A. Endogenous variables.
B. Exogenous variables.
C. Pre-determined variables.
D. Structural equations.
E. Reduced-form equations.
F. Order and rank conditions.
G. Shift parameter.
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Definitions and Examples A Endogenous variables Definition Variables explained by the model and whose values are determined within the system of equations They are typically influenced by other variab...View the full answer
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Related Book For 
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster
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