KnowraRational expectationsLinked fromLinked fromThe 24 pages that link to Rational expectations, each with the reason it gives.All 24Broader topic 1Related 15Compared with 8Keynesian economicsCompared with: It questions whether predictable policy can systematically alter real output when expectations adjust.Phillips curveCompared with: It challenges the idea that policymakers can repeatedly exploit a stable inflation–unemployment trade-off.Inflation expectationsCompared with: It contrasts backward-looking expectation formation with forecasts informed by broader economic conditions.Effective demandCompared with: This approach disputes whether predictable demand-management policies can systematically raise output.Adaptive expectationsCompared with: Unlike adaptive expectations, it does not restrict forecasts to gradual adjustment from past errors.Animal spiritsCompared with: This framework models expectation formation differently from Keynes’s emphasis on spontaneous confidence.History of Economic ThoughtCompared with: It challenged policy models that assumed expectations adjusted slowly or independently.Lawrence KleinCompared with: Its rise shifted macroeconomics away from some forecasting approaches associated with Klein’s generation.