Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Dynamic Estimates for Australia
10 Jul 2019
RDP
2019-05
The optimal control scenario sets interest rates so as to minimise the squared deviations of inflation from its target, the unemployment rate from the NAIRU, and squared changes in the policy
https://www.rba.gov.au/publications/rdp/2019/2019-05/dynamic-estimates-for-australia.html
Cost-benefit Analysis of Leaning against the Wind
1 Jul 2019
RDP
2019-05
The optimal control scenario sets interest rates so as to minimise the squared deviations of inflation from its target, the unemployment rate from the NAIRU, and squared changes in the policy
https://www.rba.gov.au/publications/rdp/2019/2019-05/full.html