Search: NAIRU

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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Economic Conditions

6 Feb 2024 SMP – February 2024
Economic Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/economic-conditions.html

Economic Outlook

10 Feb 2020 SMP - November 2018 PDF 1604KB
https://www.rba.gov.au/publications/smp/2018/nov/pdf/05-economic-outlook.pdf

Economic Conditions

6 Feb 2024 SMP - February 2024 PDF 1611KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/02-economic-conditions.pdf

International Economic Developments

10 Feb 2020 SMP - February 2018 PDF 1676KB
https://www.rba.gov.au/publications/smp/2018/feb/pdf/01-international-economic-developments.pdf

Economic Outlook

27 Nov 2018 SMP – November 2018
One measure the Bank uses to estimate spare capacity is the ‘non-accelerating inflation rate of unemployment’ (NAIRU). ... There is considerable uncertainty about the NAIRU estimate because it cannot be observed directly and must be inferred from
https://www.rba.gov.au/publications/smp/2018/nov/economic-outlook.html

Economic Outlook

10 May 2018 SMP – May 2018
Cusbert T (2017), ‘Estimating the NAIRU and the Unemployment Gap’, RBA Bulletin, June, pp 13–22.
https://www.rba.gov.au/publications/smp/2018/may/economic-outlook.html

The International Environment

16 Nov 2021 SMP - August 2021 PDF 2498KB
https://www.rba.gov.au/publications/smp/2021/aug/pdf/01-the-international-environment.pdf

Economic Outlook

8 Nov 2019 SMP – November 2019
rate of unemployment or NAIRU) for the next couple of years.
https://www.rba.gov.au/publications/smp/2019/nov/economic-outlook.html

Statement on Monetary Policy

6 Feb 2024 SMP - February 2024 PDF 4547KB
https://www.rba.gov.au/publications/smp/2024/feb/pdf/statement-on-monetary-policy-2024-02.pdf

International Economic Developments

10 Feb 2018 SMP – February 2018
Unemployment rates in the major advanced economies have fallen to below the rates consistent with most estimates of full employment (the non-accelerating inflation rate of unemployment or NAIRU). ... The modest pick-up in wage growth and continuing
https://www.rba.gov.au/publications/smp/2018/feb/international-economic-developments.html