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Taking into account that capital transfers are not explicitly included in the SAMES-05, the structural and cohesion funds in the model have been included as an exogenous reduction in the debt with the EU trough a shock in variable ( varTheta ), (Eq. 2).
We believe both instruments to be exogenous since, though increasing the future burden of debt and the annual percentage change in the consumer price index, they do not induce any contemporaneous migration.
Trying to make deficits exogenous by making the deficit itself a policy variable creates reflexivity that ends in disaster when private debt levels are high.
An alternative approach to overcome the endogeneity problem of the tax status in capital structure research, is to look for exogenous changes in tax laws, and then analyse how companies react to those changes by adjusting their debt ratios.
The real investment is financed with debt amounting to (lambda I_{0}) and equity amounting to (left( 1-lambda right) I_{0}), with exogenous (0
Exogenous was owned by Centaur Farms.
Exo, exogenous; Endo, endogenous.
Technical debt is akin to financial debt.
Exogenous's recovery will still take some time.
Neither side likes exogenous ingredients in complex diplomacy.
Often these "exogenous shocks" cannot be anticipated.
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