Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Domestic Economic Conditions
10 Feb 2020
SMP
PDF
1663KB
Statement of Monetary Policy - August 2017
https://www.rba.gov.au/publications/smp/2017/aug/pdf/03-domestic-economic-conditions.pdf
Potential Growth in Advanced Economies
12 Dec 2019
Bulletin
- December 2019
PDF
613KB
https://www.rba.gov.au/publications/bulletin/2019/dec/pdf/potential-growth-in-advanced-economies.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
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
Explaining Low Inflation Using Models
19 Jun 2019
Bulletin
- June 2019
PDF
657KB
https://www.rba.gov.au/publications/bulletin/2019/jun/pdf/explaining-low-inflation-using-models.pdf
Changes in the Determinants of Inflation in Australia
1 Dec 2009
RDP
PDF
371KB
This maysimply be a consequence of an extended period in which unemployment was abovethe NAIRU. ... In this case,the unexpectedly strong productivity growth can be interpreted as having led to atleast a temporary fall in the NAIRU, again imparting
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-02.pdf
Economic Outlook
7 Nov 2019
SMP
- November 2019
PDF
367KB
https://www.rba.gov.au/publications/smp/2019/nov/pdf/05-economic-outlook.pdf
Discussion of What Caused the Decline in US Business Cycle Volatility?
27 Nov 2006
Conferences
PDF
113KB
RBA Conference Volume 2005
https://www.rba.gov.au/publications/confs/2005/pdf/gordon-disc.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
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