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21–30 of 128 search results for NAIRU

RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Reflections on US Labour Market Performance

7 Dec 2006 Conferences PDF 71KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/katz.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

The Labour Market | Conference – 1990

21 Jun 1990 Conferences
Bruce Chapman
It follows that the phenomenon of ‘hysteresis’, in which the NAIRU depends on past and current unemployment rates, is influenced by the proportion of unemployment which is LTU. ... In other words more LTU, ceteris paribus, shifts the NAIRU to the
https://www.rba.gov.au/publications/confs/1990/chapman.html

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

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
The central bank adjusts interest rates to ensure that consumer price inflation equals the inflation target and the unemployment rate equals the NAIRU. ... NAIRU. Per cent. RBA. tpop. Trend population. Log. RBA. ty. Trend growth (for Okun's Law).
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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Inflation and Disinflation in Australia: 1950–91 | Conference – 1992

31 Dec 1950 Conferences
Glenn Stevens
RBA Annual Conference – 1992 Inflation and Disinflation in Australia: 1950–91 Glenn Stevens. 1. Introduction. There have been several surveys of inflation in Australia in the past two decades. Simkin (1972) looked at inflation from the mid-1950s
https://www.rba.gov.au/publications/confs/1992/stevens.html

Inflation Targeting: A Victim of Its Own Success?

23 Aug 2015 RDP PDF 932KB
period. 9. be placed on the particular estimates of the NAIRU shown here. ... harder – NAIRU-based forecasts of inflation are now much less reliable and new techniques will need to be developed.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-09.pdf

Discussion on The Australian Labour Market in the 1990s | Conference – 2000

21 Jun 1990 Conferences
Frankly, I have no idea what number to put on the current NAIRU. ... It was acknowledged that the NAIRU provided a valuable conceptual framework with which to examine the inflationary process.
https://www.rba.gov.au/publications/confs/2000/dawkins-disc.html

Introduction

1 Dec 1992 RDP 9215
Jerome Fahrer and Alexandra Heath
Footnotes. 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
https://www.rba.gov.au/publications/rdp/1992/9215/introduction.html

Reflections on US Labour Market Performance

7 Dec 2006 Conferences PDF 21KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/stevens-disc.pdf

The Past 25 Years

11 Sep 2015 RDP 2015-09
Christian Gillitzer and John Simon
Furthermore, as we discuss later, changes in the inflation process have made it much more difficult to estimate the NAIRU precisely. ... As such, little weight should be placed on the particular estimates of the NAIRU shown here.
https://www.rba.gov.au/publications/rdp/2015/2015-09/past-years.html
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