Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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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
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
BA-MARTIN in Detail
18 Jan 2022
RDP
2022-01
t. 1. ). where the f (.) function defines how the log of total expected losses is affected by changes in the lagged unemployment gap (to the NAIRU), mortgage rate gap (to the
https://www.rba.gov.au/publications/rdp/2022/2022-01/ba-martin-in-detail.html
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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 on Reflections on US Labour Market Performance | Conference – 1998
9 Jun 1998
Conferences
Nonetheless, the likelihood of structural differences in unemployment rates remains. The paper utilises a simple, standard NAIRU framework to analyse the time series for the two regions, and reaches the conclusion ... that the US NAIRU has not changed
https://www.rba.gov.au/publications/confs/1998/stevens-disc.html
MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA’s Macroeconometric Model
12 Jan 2022
RDP
PDF
1774KB
where the .f function defines how the log of total expected losses is affected by changes in the lagged unemployment gap (to the NAIRU), mortgage rate gap (to the
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-01.pdf
OECD Country Experiences with Disinflation | Conference – 1992
10 Jul 1992
Conferences
RBA Annual Conference – 1992 OECD Country Experiences with Disinflation Palle Schelde-Andersen. 1. Introduction. During the 1980s virtually all OECD countries have adopted policies to reduce inflation, but so far only Canada and New Zealand have
https://www.rba.gov.au/publications/confs/1992/schelde-andersen.html
References
4 Apr 2019
RDP
2019-02
297. Bell DNF and DG Blanchflower (2018), ‘The Lack of Wage Growth and the Falling NAIRU’, NBER Working Paper No 24502.
https://www.rba.gov.au/publications/rdp/2019/2019-02/references.html
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What Caused the Decline in US Business Cycle Volatility?
27 Nov 2006
Conferences
PDF
333KB
RBA Conference Volume 2005
https://www.rba.gov.au/publications/confs/2005/pdf/gordon.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