Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Online Appendix - MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
25 Nov 2019
RDP
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624KB
RDP 2019-07 online appendix
https://www.rba.gov.au/publications/rdp/2019/2019-07/rdp-2019-07-online-appendix.pdf
Cost-benefit Analysis of Leaning against the Wind
5 Jul 2019
RDP
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1512KB
from the NAIRU, and squared changes in the policy rate. This optimal control exercise is much the.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-05.pdf
Wage Growth Puzzles and Technology
21 Sep 2018
RDP
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1423KB
where w is nominal wages growth, ue the unemployment rate, ue the NAIRU (the non-accelerating.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-10.pdf
Modelling Inflation in Australia
1 Jul 2010
RDP
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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
The Evolution of Employment and Unemployment in Australia
31 Jan 2006
RDP
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1002KB
1 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 very
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9215.pdf
The Effect of the Mining Boom on the Australian Economy
4 Feb 2015
RDP
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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
Is Declining Union Membership Contributing to Low Wages Growth?
2 Apr 2019
RDP
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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
Changes in the Determinants of Inflation in Australia
1 Dec 2009
RDP
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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
Global Relative Price Shocks: The Role of Macroecnomic Policies
11 Jan 2010
RDP
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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
Estimates of Uncertainty around the RBA's Forecasts
28 Jan 2015
RDP
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689KB
was accompanied by zero bias in underlying inflation. This suggests that the bias in the unemployment forecasts was offset by similar bias in the NAIRU and/or unanticipated appreciation of the
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-07.pdf