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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Aggregate Responses

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
Some of this change represents a reduction in long-term unemployment, which in AUS-M is an important determinant of the non-accelerating inflation rate of unemployment (NAIRU). ... In the absence of the mining boom, AUS-M suggests that the unemployment
https://www.rba.gov.au/publications/rdp/2014/2014-08/agg-res.html

The Effect of Fiscal Stimulus

12 Dec 2014 RDP 2014-02
Peter Tulip
This compares with an actual standard deviation of the gap between the unemployment rate and the model's effective NAIRU of 1.4 percentage points from 1968 through 2009.
https://www.rba.gov.au/publications/rdp/2014/2014-02/effect-fiscal-stimulus.html

Other Properties of the Confidence Intervals

31 Dec 2012 RDP 2012-07
Peter Tulip and Stephanie Wallace
This suggests that the bias in the unemployment forecasts was offset by similar bias in the NAIRU and/or unanticipated appreciation of the exchange rate.
https://www.rba.gov.au/publications/rdp/2012/2012-07/other-properties-confidence-intervals.html

Modelling Structure and Theory

31 Dec 2010 RDP 2010-03
David Norman and Anthony Richards
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/2010/2010-03/modelling-structure-theory.html
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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

Global Relative Price Shocks: The Role of Macroecnomic Policies

11 Jan 2010 RDP PDF 199KB
The NAIRU utT. is assumed to be 5 per cent and the infl ation target (πT) is 2 per cent.
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-10.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

The Real-time Forecasting Performance of Phillips Curves

2 Dec 2009 RDP PDF 127KB
First, they assume that the NAIRU is constantthrough time, over their sample period from 1959 to 1997. ... While this maybe an appropriate assumption for the US, the work of Gruen, Pagan andThompson (1999) suggests that, for Australia, there are likely
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-12.pdf

Productivity and Inflation

2 Dec 2009 RDP PDF 223KB
PRODUCTIVITY AND INFLATION. Tim Bulman and John Simon. Research Discussion Paper 2003-10. September 2003. Economic Research Department Reserve Bank of Australia. We would like to thank Badi Baltagi, Anthony Richards, Malcom Edey, Alex Heath and the
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-10.pdf

Is the Phillips Curve a Curve? Some Evidence and Implications for Australia

1 Dec 2009 RDP PDF 236KB
Furthermore, the NAIRU (u) has beenassumed to remain constant over the estimation period. ... the estimation period, that ought not necessarily be reflected in movements inthe NAIRU.
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9706.pdf