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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Statement on Monetary Policy - May 2018

10 Feb 2020 SMP - May 2018 PDF 8531KB
https://www.rba.gov.au/publications/smp/2018/may/pdf/statement-on-monetary-policy-2018-05.pdf

Statement of Monetary Policy - August 2017

10 Feb 2020 SMP PDF 6186KB
https://www.rba.gov.au/publications/smp/2017/aug/pdf/statement-on-monetary-policy-2017-08.pdf

Statement on Monetary Policy - May 2017

10 Feb 2020 SMP - May 2017 PDF 7556KB
https://www.rba.gov.au/publications/smp/2017/may/pdf/statement-on-monetary-policy-2017-05.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

Economic Outlook

7 Nov 2019 SMP - November 2019 PDF 367KB
https://www.rba.gov.au/publications/smp/2019/nov/pdf/05-economic-outlook.pdf

Statement on Monetary Policy

7 Nov 2019 SMP - November 2019 PDF 4647KB
https://www.rba.gov.au/publications/smp/2019/nov/pdf/statement-on-monetary-policy-2019-11.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

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

Domestic Economic Conditions

10 Aug 2017 SMP – August 2017
Footnotes. See Cusbert T (2017), ‘Estimating the NAIRU and the Unemployment Gap’, RBA.
https://www.rba.gov.au/publications/smp/2017/aug/domestic-economic-conditions.html