| Information | |
|---|---|
| has gloss | eng: Predetermined variables are variables that were determined prior to the current period. In econometric models this implies that the current period error term is uncorrelated with current and lagged values of the predetermined variable but may be correlated with future values. This is a weaker restriction than strict exogeneity, which requires the variable to be uncorrelated with past, present, and future shocks. |
| lexicalization | eng: Predetermined variables |
| instance of | c/Economics models |
Lexvo © 2008-2026 Gerard de Melo. Contact Legal Information / Imprint