Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
Search Results
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
27/10/2017 Uncertainty | Speeches http://www.rba.gov.au/speeches/2017/sp-dg-2017-10-26.html 1/16 Speech ...
26 Oct 2017
PDF
340KB
The NAIRU can only be estimated, rather than directly measured like GDP or inflation. ... The estimates suggest that the NAIRU is slow moving most of the time.
https://www.rba.gov.au/speeches/2017/pdf/sp-dg-2017-10-26.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
On Lags
21 Aug 2018
Speech
PDF
227KB
As a result, more recent NAIRU estimates have tended to be revised down. ... unemployment can fall further before wages start to rise. In other words, the NAIRU falls.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-08-17.pdf
Universidad De Chile Conference on Central Bank Independence, Mandates and Policies
22 Oct 2021
Speech
PDF
176KB
Experience has taught us that the non-accelerating inflation rate of unemployment (NAIRU)moves over time and is influenced by many factors outside the control of the central bank.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-10-22.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
Discussion of The Debate on Alternatives for Monetary Policy in Australia
7 Dec 2006
Conferences
PDF
25KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/mcdonald-disc.pdf
Recent Economic Developments
14 Mar 2022
Speech
PDF
920KB
There is a lot of uncertainty surrounding estimates of the Non-Accelerating Inflation Rate of Unemployment (NAIRU), and our estimates have trended lower over recent years as more evidence has become
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-03-09.pdf