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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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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

Indicative Models of Inflation

1 Jul 1992 RDP 9207
Michael Coelli and Jerome Fahrer
where u is the rate of unemployment, u. is the non-accelerating inflation rate of unemployment (NAIRU), and so u-u. ... If there is hysteresis in unemployment, the rate of inflation could increase when unemployment is falling, even if it is above the
https://www.rba.gov.au/publications/rdp/1992/9207/indicative-models-of-inflation.html

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

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

The Unemployment/Vacany Relationship in Australia

30 Nov 2009 RDP PDF 119KB
However,the particular UV combination which corresponds to the NAIRU will be determinedprimarily by the wage bargaining process.
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9305.pdf

Private Business Investment in Australia

27 Sep 2007 RDP PDF 466KB
Reserve Bank of Australia. Reserve Bank of AustraliaEconomic Research Department. 2007. -09. RESEARCHDISCUSSIONPAPER. Private Business Investment in Australia. Lynne Cockerelland Steven Pennings. RDP 2007-09. PRIVATE BUSINESS INVESTMENT IN
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-09.pdf

Influences on Inflation

31 Dec 2001 RDP 2001-02
Jacqueline Dwyer and Kenneth Leong
This may simply be a consequence of an extended period in which unemployment was above the NAIRU. ... In this case, the unexpectedly strong productivity growth can be interpreted as having led to at least a temporary fall in the NAIRU, again imparting
https://www.rba.gov.au/publications/rdp/2001/2001-02/influences-on-inflation.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

Monetary Policy-making in the Presence of Knightian Uncertainty

1 Dec 2009 RDP PDF 297KB
MONETARY POLICY-MAKING IN THE PRESENCE OFKNIGHTIAN UNCERTAINTY. Adam Cagliarini and Alexandra Heath. Research Discussion Paper2000–10. December 2000. Economic Research DepartmentReserve Bank of Australia. An earlier version of this paper was
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-10.pdf

The Steady State and Potential Output

1 Jun 2000 RDP 2000-05
Meredith Beechey, Nargis Bharucha, Adam Cagliarini, David Gruen and Christopher Thompson
This estimate is based on assuming that US unemployment was 0.7 per cent below the NAIRU at that time, and that the coefficient in Okun's Law linking changes in
https://www.rba.gov.au/publications/rdp/2000/2000-05/steady-state-and-potential-output.html