Exogenous variables 

1 - 3 van 3 voor exogenous variables

analyzing labour supply elderly people life cycle approach pdf
... exogenous variables 35 4.4.1 utility parameters 35 4.4.2 time constraint parameters 37 4.4.3 tax- and pension system parameters 37 4.4.4 exogenous variables ... role of the demand side is limited to some exogenous restrictions, ignoring equilibrium dynamics between supply and demand. ... the strategy, the chosen values of the parameters and exogenous variables, and the method of aggregation. the model is ...
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Athena
... frequently using error correction mechanisms estimated with cointegration techniques. equilibrium is reached by variables representing tension on the labour market (the unemployment rate) and goods markets (utilization ... the public sector is analogous to the modelling in the saffier model. some exogenous variables in saffier are made endogenous in athena to guarantee stable developments of public ...
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Microsoft Word - final version1..doc
... variables are considered strictly exogenous. if the assumption only holds for each specific time period we call the independent variables contemporaneously exogenous, which is sufficient to prove consistency of the estimators. a third assumption is the assumption of no perfect collinearity, which means that in the sample none of the independent variables ...
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