Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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The Rising Share of Part-time Employment
15 Sep 2017
Bulletin
– September 2017
One of the most significant changes to the Australian labour market in recent decades has been the rise in the share of part-time employment to account for nearly one-third of total employment. This article details the various supply and demand
https://www.rba.gov.au/publications/bulletin/2017/sep/3.html
BA-MARTIN in Detail
18 Jan 2022
RDP
2022-01
t. 1. ). where the f (.) function defines how the log of total expected losses is affected by changes in the lagged unemployment gap (to the NAIRU), mortgage rate gap (to the
https://www.rba.gov.au/publications/rdp/2022/2022-01/ba-martin-in-detail.html
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Australian Wage and Price Inflation: 1971-1994
1 Dec 2009
RDP
PDF
105KB
When the desires oflabour and firms are consistent, inflation is stable and the corresponding level ofunemployment is termed the non-accelerating inflation rate of unemployment(NAIRU). ... Away from the NAIRU the desires of firms and labour are not
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9509.pdf
MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA’s Macroeconometric Model
12 Jan 2022
RDP
PDF
1774KB
where the .f function defines how the log of total expected losses is affected by changes in the lagged unemployment gap (to the NAIRU), mortgage rate gap (to the
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-01.pdf
Indicators of Inflationary Pressure
31 Jan 2006
RDP
PDF
402KB
Thus i f unemployment exceeds the NAIRU, due to say, a tightening of monetary policy, the rate of inflation is expected to de l ine. ... If there is hysteresis in unemployment, the rate of inflation could increase when unemployment is falling, even if it
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9207.pdf
The Past 25 Years
11 Sep 2015
RDP
2015-09
Furthermore, as we discuss later, changes in the inflation process have made it much more difficult to estimate the NAIRU precisely. ... As such, little weight should be placed on the particular estimates of the NAIRU shown here.
https://www.rba.gov.au/publications/rdp/2015/2015-09/past-years.html
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Why is Wage Growth So Low?
17 Jun 2015
Bulletin
June Quarter 2015
PDF
471KB
https://www.rba.gov.au/publications/bulletin/2015/jun/pdf/bu-0615-2.pdf
Economic Outlook
27 Nov 2018
SMP
– November 2018
One measure the Bank uses to estimate spare capacity is the ‘non-accelerating inflation rate of unemployment’ (NAIRU). ... There is considerable uncertainty about the NAIRU estimate because it cannot be observed directly and must be inferred from
https://www.rba.gov.au/publications/smp/2018/nov/economic-outlook.html
Potential Growth and Rebalancing in China
17 Jun 2015
Bulletin
June Quarter 2015
PDF
225KB
https://www.rba.gov.au/publications/bulletin/2015/jun/pdf/bu-0615-4.pdf
Bulletin June Quarter 2017
10 Feb 2020
Bulletin
June Quarter 2017
PDF
6309KB
https://www.rba.gov.au/publications/bulletin/2017/jun/pdf/bu-0617-reserve-bank-bulletin.pdf