Interpreting tests of the convergence hypothesis
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چکیده
منابع مشابه
the washback effect of discretepoint vs. integrative tests on the retention of content in knowledge tests
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15 صفحه اولGalton’s Fallacy and Tests of the Convergence Hypothesis
Recent tests for the convergence hypothesis derive from regressing average growth rates on initial levels: a negative initial level coefficient is interpreted as convergence. These tests turn out to be plagued by Galton’s classical fallacy of regression towards the mean. Using a dynamic version of Galton’s fallacy, I establish that coefficients of arbitrary signs in such regressions are consist...
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متن کاملInterpreting Diagnostic Tests Using Probability
These notes detail my 40-minute lecture given 11 June 1995 as part of the Seventh Annual Intensive Review of Internal Medicine, a symposium conducted by the Cleveland Clinic. I was asked to review how probability is used with diagnostic testing. Our main question is: How can diagnostic results and other information about a patient be used to estimate the chance that he/she has a particular “dis...
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ژورنال
عنوان ژورنال: Journal of Econometrics
سال: 1996
ISSN: 0304-4076
DOI: 10.1016/0304-4076(94)01699-2