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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

20 Aug 2019 RDP PDF 1571KB
of unemployment (NAIRU). The household and business sectors are at the core of MARTIN’s structure (Figure 1). ... inflation target and the unemployment rate equals the NAIRU. While some of these assumptions are uncontroversial (for example, that the
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf

Reflections on US Labour Market Performance

7 Dec 2006 Conferences PDF 71KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/katz.pdf

Reflections on US Labour Market Performance

7 Dec 2006 Conferences PDF 21KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/stevens-disc.pdf

Inflation Targeting: A Victim of Its Own Success?

23 Aug 2015 RDP PDF 932KB
period. 9. be placed on the particular estimates of the NAIRU shown here. ... harder – NAIRU-based forecasts of inflation are now much less reliable and new techniques will need to be developed.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-09.pdf

Discussion of The Australian Labour Market in the 2000s: The Quiet Decade

13 Dec 2011 Conferences PDF 345KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/borland-disc.pdf

Wrap-up Panel Discussion

23 Jul 2019 Conferences PDF 388KB
RBA Annual Conference 2019
https://www.rba.gov.au/publications/confs/2019/pdf/rba-conference-2019-panel-discussion.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

Discussion of What Went Right in the 1990s? Sources of American and Prospects for World Economic Growth

24 Nov 2006 Conferences PDF 26KB
RBA Conference Volume 2000
https://www.rba.gov.au/publications/confs/2000/pdf/delong-disc.pdf

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

Round-up of Monetary Policy and Inflation Targeting

7 Dec 2006 Conferences PDF 20KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/roundup.pdf