Exogeny - Wikipedia

In a variety of contexts, exogeny or exogeneity (from Greek ἔξω éxō 'outside' and -γένεια -géneia 'to produce') is the fact of an action or object originating externally. It is the opposite of endogeneity or endogeny, the fact of being influenced from within a system. In an economic model, an exogenous change is one that comes from outside the model and is unexplained by the model. Such changes of an economic model from outside factors can include the influence of technology, in which this had previously been noted as an exogenous factor, but has rather been noted as a factor that can depict economic forces as a whole.[1] In economic sociology, Project IDEA (Interdisciplinary Dimensions of Economic Analysis) gave notion to understanding the exogenous factors that play a role within economic theory. Developed from the International Social Science Council (ISSC) in the year of 1982, Project IDEA was founded to gather ideas from economists and sociologists in order to conceptualize what e

Exogeny - Wikipedia Jump to content From Wikipedia, the free encyclopedia Fact of an action or object originating externally In a variety of contexts, exogeny or exogeneity ( from Greek ἔξω éxō ' outside ' and -γένεια -géneia ' to produce ' ) is the fact of an action or object originating externally. It is the opposite of endogeneity or endogeny, the fact of being influenced from within a system. Economics [ edit ] In an economic model , an exogenous change is one that comes from outside the model and is unexplained by the model. Such changes of an economic model from outside factors can inclu

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