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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

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
The central bank adjusts interest rates to ensure that consumer price inflation equals the inflation target and the unemployment rate equals the NAIRU. ... NAIRU. Per cent. RBA. tpop. Trend population. Log. RBA. ty. Trend growth (for Okun's Law).
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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Estimating Output Gaps

1 Dec 2009 RDP PDF 386KB
u nairu B L y yt t t tT. u t= ( )( ) ,ε (6). ... 15. unemployment rate and the NAIRU, there is a substantial negative output gap.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9809.pdf

Assessing Full Employment in Australia

18 Apr 2024 Bulletin – April 2024
Alexander Ballantyne, Avish Sharma and Tim Taylor
Full employment is a longstanding objective of monetary policy in Australia, alongside price stability.
https://www.rba.gov.au/publications/bulletin/2024/apr/assessing-full-employment-in-australia.html

Assessing Full Employment in Australia

17 Apr 2024 Bulletin - April 2024 PDF 819KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/assessing-full-employment-in-australia.pdf

Bulletin June Quarter 2023

29 Sep 2023 Bulletin - June 2023 PDF 7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.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

Unemployment and Spare Capacity in the Labour Market

17 Sep 2014 Bulletin September Quarter 2014 PDF 456KB
https://www.rba.gov.au/publications/bulletin/2014/sep/pdf/bu-0914-2.pdf

The Rising Share of Part-time Employment

15 Sep 2017 Bulletin – September 2017
Natasha Cassidy and Stephanie Parsons
One of the most significant changes to the Australian labour market in recent decades has been the rise in the share of part-time employment to account for nearly one-third of total employment. This article details the various supply and demand
https://www.rba.gov.au/publications/bulletin/2017/sep/3.html

BA-MARTIN in Detail

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
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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Introduction

1 Dec 1992 RDP 9215
Jerome Fahrer and Alexandra Heath
Footnotes. 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
https://www.rba.gov.au/publications/rdp/1992/9215/introduction.html