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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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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

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 Shocks

8 Jan 2010 RDP 2009-10
Adam Cagliarini and Warwick McKibbin
The NAIRU. is assumed to be 5 per cent and the inflation target (π.
https://www.rba.gov.au/publications/rdp/2009/2009-10/shocks.html

Appendix B: Data Description and Sources

1 Aug 1998 RDP 9809
Gordon de Brouwer
Unemployment rate: Labour Force, ABS Cat. No. 6203.0. NAIRU estimate: Debelle and Vickery (1997).
https://www.rba.gov.au/publications/rdp/1998/1998-09/appendix-b.html
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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

Domestic Economic Conditions

15 May 2017 SMP – May 2017
referred to as the non-accelerating inflation rate of unemployment or NAIRU) (Graph 3.22).
https://www.rba.gov.au/publications/smp/2017/may/domestic-economic-conditions.html

References

31 Dec 2007 RDP 2007-09
Lynne Cockerell and Steven Pennings
Fox J (1991), Regression Diagnostics, SAGE Publications, California. Gordon RJ (1997), ‘The Time-Varying NAIRU and its Implications for Economic Policy’, Journal of Economic Perspectives, 11(1), pp 11–32.
https://www.rba.gov.au/publications/rdp/2007/2007-09/references.html

Recent Literature

31 Dec 2003 RDP 2003-12
Tim Robinson, Andrew Stone and Marileze van Zyl
between the unemployment rate and the estimated Non-Accelerating Inflation Rate of Unemployment (NAIRU). ... First, they assume that the NAIRU is constant through time, over their sample period from 1959 to 1997.
https://www.rba.gov.au/publications/rdp/2003/2003-12/recent-literature.html

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

References

31 Dec 2003 RDP 2003-10
Tim Bulman and John Simon
06. Hall R (1999), ‘Comment on A Estrella and F Mishkin, “Rethinking the role of NAIRU in monetary policy: implications of model formulation and uncertainty”’, in J Taylor (ed), Monetary policy
https://www.rba.gov.au/publications/rdp/2003/2003-10/references.html