Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Prospects for Output and Employment Growth with Steady Inflation | Conference – 1998
9 Jun 1998
Conferences
However, there is strong evidence that the NAIRU has been highly variable in many countries, with the possible exception of the United States. ... But to know this is to know how the labour-market side of the Phillips curve/NAIRU system works.
https://www.rba.gov.au/publications/confs/1998/dungey-pitchford.html
The Welfare Effects of Alternative Choices of Instruments and Targets for Macroeconomic Stabilisation Policy
7 Dec 2006
Conferences
PDF
463KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/quiggin.pdf
Central Bank Frameworks: Evolution or Revolution?
4 Jan 2023
Conferences
PDF
7522KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018.pdf
The Evolution of Employment and Unemployment in Australia
31 Jan 2006
RDP
PDF
1002KB
1 The terms natural rate of unemployment and NAIRU are often used interchangeably. ... Thus, although both the natural rate and the NAIRU are defined as the rate of unemployment consistent with constant inflation, their welfare properties are very
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9215.pdf
Is Declining Union Membership Contributing to Low Wages Growth?
2 Apr 2019
RDP
PDF
1832KB
Is Declining Union Membership Contributing to Low Wages Growth? James Bishop and Iris Chan. Research Discussion Paper. R D P 2019 - 02. Figures in this publication were generated using Mathematica. The contents of this publication shall not be
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-02.pdf
Discussion on Papers by Mardi Dungey and John Pitchford; and Guy Debelle and James Vickery | Conference – 1998
9 Jun 1998
Conferences
To a fair extent, their comments on the NAIRU can be applied equally well to the SIRG. ... Casual empiricism suggests big movements in the NAIRU have been accompanied by a noticeable movement in the SIRG.
https://www.rba.gov.au/publications/confs/1998/mckibbin-nevile-disc.html
Modelling Inflation in Australia
1 Jul 2010
RDP
PDF
497KB
First, we do not allow for a time-varying non-accelerating inflation rate of unemployment (NAIRU) (although we assess the relevance of this simplification in Section 6).
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-03.pdf
The Effect of the Mining Boom on the Australian Economy
4 Feb 2015
RDP
PDF
2067KB
NAIRU strictly speaking is a NAWRU as it represents the equilibrium from the wage equation. ... 3 In the absence of the mining boom, AUS-M suggests that the unemployment rate may have remained well above the NAIRU for an extended period of time.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-08.pdf
Discussion on What Went Right in the 1990s? Sources of American and Prospects for World Economic Growth | Conference – 2000
21 Jun 1990
Conferences
With cost pressures under control, inflationary pressures also diminish, leading to lower estimates of the NAIRU. ... Moreover, it should be noted that the United States has benefited from a number of other disinflationary shocks that would also give the
https://www.rba.gov.au/publications/confs/2000/delong-disc.html
European Unemployment: Why is it So High and What Should be Done About it?
7 Dec 2006
Conferences
PDF
74KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/jackman.pdf