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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Economic and Financial Research in the Reserve Bank in 1997

10 Jan 1998 Bulletin – January 1998
NAIRU’ (the non-accelerating inflation rate of unemployment). ... This means that the upward effect on inflation of an unemployment rate one percentage point below the NAIRU is likely to be larger than the downward effect on inflation of an
https://www.rba.gov.au/publications/bulletin/1998/jan/2.html

Bulletin December Quarter 2019

12 Dec 2019 Bulletin - December 2019 PDF 4709KB
https://www.rba.gov.au/publications/bulletin/2019/dec/pdf/bulletin-2019-12.pdf

Do RBA School Talks Improve Student Outcomes?

9 Dec 2021 Bulletin – December 2021
Peter Rickards
As part of our education program, the Reserve Bank of Australia (RBA) conducts school talks to promote economic literacy and encourage a larger and more diverse group of students to study economics.
https://www.rba.gov.au/publications/bulletin/2021/dec/do-rba-school-talks-improve-student-outcomes.html

Wage Growth in Advanced Economies

15 Mar 2018 Bulletin – March 2018
Ivailo Arsov and Richard Evans
Alternatively, our measure of the unemployment gap might also be understating the amount of spare capacity in the labour market because estimates of the NAIRU are too high. ... The NAIRU is unobservable, changes over time and is estimated with a fair
https://www.rba.gov.au/publications/bulletin/2018/mar/wage-growth-in-advanced-economies.html

The Death of Inflation?

23 Feb 2001 Bulletin PDF 42KB
We see, in theUnited States, a vigorous debate about justwhat constitutes ‘full employment’ (in thejargon, where the NAIRU is), and how farunemployment can be pushed before inflationwill result.
https://www.rba.gov.au/publications/bulletin/1997/may/pdf/bu-0597-2.pdf

Explaining Low Inflation Using Models

19 Jun 2019 Bulletin - June 2019 PDF 657KB
https://www.rba.gov.au/publications/bulletin/2019/jun/pdf/explaining-low-inflation-using-models.pdf

Potential Growth in Advanced Economies

12 Dec 2019 Bulletin - December 2019 PDF 613KB
https://www.rba.gov.au/publications/bulletin/2019/dec/pdf/potential-growth-in-advanced-economies.pdf

Trend and Cycle in the 1990s: Australia's Current Expansion

26 Feb 2001 Bulletin PDF 106KB
November 1999Reserve Bank of Australia Bulletin. 69. unemployment and wages. Unemploymentrates have been below historical estimates ofthe NAIRU for several years, and this hasconfounded economists who predicted a risein inflation on ... evidence for
https://www.rba.gov.au/publications/bulletin/1999/nov/pdf/bu-1199-4.pdf

Meet MARTIN, the RBA's new macroeconomic model

15 Mar 2018 Bulletin – March 2018
Tom Cusbert and Elizabeth Kendall
Phillips Curve: Cusbert T (2017), ‘Estimating the NAIRU and the Unemployment Gap’, RBA Bulletin, June, pp 13–22. ... Some domestic variables are also modelled exogenously, including population and productivity growth, the neutral interest rate and
https://www.rba.gov.au/publications/bulletin/2018/mar/meet-martin-the-rbas-new-macroeconomic-model.html

Bulletin September Quarter 2017

10 Feb 2020 Bulletin September Quarter 2017 PDF 5960KB
https://www.rba.gov.au/publications/bulletin/2017/sep/pdf/bu-0917-reserve-bank-bulletin.pdf