John F. Muth

E927188

John F. Muth was an American economist best known for originating the concept of rational expectations, which fundamentally reshaped modern macroeconomic theory.

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John F. Muth canonical 1

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Predicate Object
instanceOf American economist
economist
human
scholarly article
academicWorkFocusedOn expectations in economic behavior
price movements
author John F. Muth NERFINISHED
citizenship American
contributedTo modern macroeconomic theory
countryOfCitizenship United States of America
educatedAt CMU
surface form: Carnegie Mellon University
employer Carnegie Mellon University NERFINISHED
familyName Muth NERFINISHED
fieldOfWork economic theory
economics
expectations theory
macroeconomics
gender male
givenName John NERFINISHED
hasAcademicDiscipline economics
hasInfluenceOn New Keynesian macroeconomics NERFINISHED
dynamic stochastic general equilibrium models
macroeconomic forecasting
monetary policy analysis
impactOnDiscipline provided microfoundations for expectations in macro models
reshaped modern macroeconomic theory
influenced New Classical macroeconomics NERFINISHED
Robert E. Lucas Jr. NERFINISHED
macroeconomic modeling of expectations
influencedBy John von Neumann NERFINISHED
Oskar Morgenstern NERFINISHED
classical economic theory
knownFor rational expectations hypothesis NERFINISHED
languageOfWorkOrName English
mainSubject rational expectations
name John F. Muth NERFINISHED
notableFor originating the concept of rational expectations
notableIdea rational expectations
rational expectations in economic models
notablePublication “Rational Expectations and the Theory of Price Movements” NERFINISHED
occupation professor of economics
theoreticalContribution formalization of rational expectations in stochastic models
modeling expectations as model-consistent
theoryDeveloped rational expectations hypothesis

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