First, crisis and low-variance periods are entirely model-determined, instead of being exogenously assigned. |
Desired markup variations exacerbate the nominal rigidity that results from the exogenously imposed frictions in the goods market. |
Each brood was kept together in its own aquarium, and once the fry began feeding exogenously, they were fed frozen and fresh daphnia ad libitum. |
Hence, the model can alternatively be interpreted as a model with exogenously fixed real wages. |
But epistemological leverage increases greatly if the utility function of the inspector is exogenously determined, as it often is. |
Economic freedom is based on endogenously managed development rather than exogenously controlled development. |