rational expectations hypothesis
GPTKB entity
Statements (22)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:appliesTo |
gptkb:economic_policy
inflation |
| gptkbp:basisFor |
real business cycle theory
dynamic stochastic general equilibrium models rational expectations equilibrium |
| gptkbp:contrastsWith |
adaptive expectations
|
| gptkbp:field |
economics
macroeconomics |
| gptkbp:hasConcept |
expectations are model-consistent
agents form expectations about the future using all available information |
| https://www.w3.org/2000/01/rdf-schema#label |
rational expectations hypothesis
|
| gptkbp:influenced |
gptkb:Robert_Lucas_Jr.
gptkb:New_Classical_Macroeconomics |
| gptkbp:proposedBy |
gptkb:John_F._Muth
|
| gptkbp:publishedIn |
gptkb:Econometrica
|
| gptkbp:relatedConcept |
gptkb:efficient_market_hypothesis
gptkb:Phillips_curve policy ineffectiveness proposition |
| gptkbp:yearProposed |
1961
|
| gptkbp:bfsParent |
gptkb:post-Keynesian_economics
|
| gptkbp:bfsLayer |
6
|