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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

15 Jun 2017 Bulletin – June 2017
Tom Cusbert
Spare capacity in the labour market is an important input into forecasts of inflation and wage growth. This article describes how the Bank estimates one measure of spare capacity in the labour market – the gap between the unemployment rate and the
https://www.rba.gov.au/publications/bulletin/2017/jun/2.html

Graph | Estimating the NAIRU and the Unemployment Gap

6 Oct 2022 Bulletin – June 2017
Estimating the NAIRU and the Unemployment Gap | Bulletin – June 2017 Graph.
https://www.rba.gov.au/publications/bulletin/2017/jun/2-graph.html

Empirical Results | RDP 9706 Is the Phillips Curve A Curve? Some Evidence and Implications for Australia

1 Oct 1997 RDP 9706
Guy Debelle and James Vickery
The parameter α measures the difference between our estimate of the NAIRU (u. ) ... signal-to-noise-ratio is adjusted to restrict the variation in the NAIRU.
https://www.rba.gov.au/publications/rdp/1997/9706/empirical-results.html
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What Went Right in the 1990s? Sources of American and Prospects for World Economic Growth | Conference – 2000

21 Jun 1990 Conferences
J Bradford DeLong
My answers – or, rather, my guesses – focus on three factors: investment, computers, and the NAIRU. ... References. Ball LM (1996), ‘Disinflation and the NAIRU’, NBER Working Paper No 5520.
https://www.rba.gov.au/publications/confs/2000/delong.html

Unemployment and Spare Capacity in the Labour Market

18 Sep 2014 Bulletin – September 2014
Alexander Ballantyne, Daniel De Voss and David Jacobs
The unemployment rate provides an important gauge of spare capacity in the labour market and the economy more generally. However, other factors also affect unemployment, which complicates its interpretation when informing monetary policy.
https://www.rba.gov.au/publications/bulletin/2014/sep/2.html

What Caused the Decline in US Business Cycle Volatility? | Conference – 2005

11 Jul 2005 Conferences
Robert J Gordon
t. , where the unemployment gap is defined as the difference between the actual rate of unemployment and the natural rate (or NAIRU), which is allowed to vary over time. ... The time-varying NAIRU, or ‘TVN’, is estimated simultaneously with the
https://www.rba.gov.au/publications/confs/2005/gordon.html

2017

6 Oct 2022 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2017/

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

June | 2017

15 Jun 2017 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2017/jun/

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

21 Jun 1990 Conferences
Peter Dawkins
There has been a recognition that the NAIRU can change by two types of mechanisms. ... Under the second mechanism, demand management can itself help to get the NAIRU down.
https://www.rba.gov.au/publications/confs/2000/dawkins.html