Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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The Death of Inflation?
23 Feb 2001
Bulletin
PDF
42KB
We see, in theUnited States, a vigorous debate about justwhat constitutes ‘full employment’ (in thejargon, where the NAIRU is), and how farunemployment can be pushed before inflationwill result.
https://www.rba.gov.au/publications/bulletin/1997/may/pdf/bu-0597-2.pdf
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
Statement on Monetary Policy
6 Feb 2024
SMP
- February 2024
PDF
4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.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
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
Economic Outlook
7 Nov 2019
SMP
- November 2019
PDF
367KB
https://www.rba.gov.au/publications/smp/2019/nov/pdf/05-economic-outlook.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
Structural Evolution of the Postwar U.S. Economy
12 Dec 2013
Research Workshop
PDF
950KB
Reserve Bank of Australia Workshop 2013
https://www.rba.gov.au/publications/workshops/research/2013/pdf/liu-morley.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