and fit the observations) and predicted evidence (i.e., when evidence verifies the prediction of a hypothesis formulated …The difference between accommodated evidence (i.e. when evidence is known first and a hypothesis is proposed to explain … before observing the evidence) is investigated. According to Bayesian confirmation theory, accommodated and predicted …

, containing information from both the local model and the ergodic distribution. For a small prediction horizon, if the local model …

regressors for explaining cross-country growth patterns. However, care should be taken in the methodology employed. The approach …