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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Estimating The Nairu And The Unemployment Gap

10 Feb 2020 Bulletin June Quarter 2017 PDF 1015KB
https://www.rba.gov.au/publications/bulletin/2017/jun/pdf/bu-0617-2-estimating-the-nairu-and-the-unemployment-gap.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

Is the Phillips Curve Still a Curve? Evidence from the Regions

29 Aug 2021 RDP PDF 1706KB
rate of unemployment (NAIRU) that looked more sensible than those from a linear model. ... Gordon (1982). Because neither expected inflation nor the NAIRU can be directly measured, they.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-09.pdf

Okun's Law and Potential Output

1 Dec 2015 RDP PDF 987KB
The non-accelerating inflation rate of unemployment (NAIRU) is typically estimated from a Phillips curve regression. ... An estimated increase in the NAIRU lowered ex post growth rates in the 1970s.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-14.pdf

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

20 Aug 2019 RDP PDF 1571KB
of unemployment (NAIRU). The household and business sectors are at the core of MARTIN’s structure (Figure 1). ... inflation target and the unemployment rate equals the NAIRU. While some of these assumptions are uncontroversial (for example, that the
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf

The Phillips Curve in Australia

1 Dec 2009 RDP PDF 491KB
the NAIRU account for a relatively smallamount of the movements in annual inflation. ... Figure 8: NAIRU from the Price Phillips Curve. One-sided NAIRU. Two-sidedNAIRU.
https://www.rba.gov.au/publications/rdp/1999/pdf/rdp1999-01.pdf

Bulletin

17 Apr 2024 Bulletin - April 2024 PDF 7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf

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

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