endogenous variable

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.

单词	endogenous variable
释义	DictionarySeevariable endogenous variable 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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