Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Specification Issues
31 Dec 2015
RDP
2015-14
of the unemployment rate from the NAIRU) rather than the change in the unemployment rate. ... Ballantyne et al's weighted median version of the NAIRU provided an even poorer fit to the data.
https://www.rba.gov.au/publications/rdp/2015/2015-14/specification-issues.html
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RBA NAIRU presentation
13 Dec 2021
PDF
7900KB
Strategies to teach the NAIRU tohigh school Eco students. "Wow,you'rebrave.". Alex SymondsEmanuel School. ... Can you read over mynotes on the NAIRU?". VS Source: NESA, 2015 NSW Eco HSC.
https://www.rba.gov.au/education/professional-development/pdf/2021-teacher-immersion-understanding-nairu.pdf
Okun's Law and Potential Output
1 Dec 2015
RDP
PDF
987KB
The non-accelerating inflation rate of unemployment (NAIRU) is typically estimated from a Phillips curve regression. ... An estimated increase in the NAIRU lowered ex post growth rates in the 1970s.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-14.pdf
Uncertainty
26 Oct 2017
Speech
Speech delivered by Guy Debelle, Deputy Governor, for the 7th Warren Hogan Memorial Lecture, Sydney
https://www.rba.gov.au/speeches/2017/sp-dg-2017-10-26.html
Three Questions About the Outlook
13 Feb 2018
Speech
Speech delivered by Luci Ellis, Assistant Governor (Economic), to the ABE Conference, Sydney
https://www.rba.gov.au/speeches/2018/sp-ag-2018-02-13.html
The Neutral Interest Rate
15 Sep 2017
Bulletin
– September 2017
Central banks monitor the neutral interest rate for a number of reasons, a key one being that it provides a benchmark for assessing the stance of monetary policy. This article describes the determinants of the neutral interest rate and discusses its
https://www.rba.gov.au/publications/bulletin/2017/sep/2.html
The Outlook for the Australian Economy
15 Nov 2023
Speech
PDF
564KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-11-13.pdf
Monetary Policy in Australia: Complementarities and Trade-offs
26 Oct 2023
Speech
PDF
821KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-10-24.pdf
Reflections on US Labour Market Performance | Conference – 1998
9 Jun 1998
Conferences
by a ‘natural rate of unemployment’ (also denoted the non-accelerating inflation rate of unemployment or NAIRU). ... Still, the natural rate hypothesis with a reasonably stable NAIRU and cyclical fluctuations in unemployment around the NAIRU seems to
https://www.rba.gov.au/publications/confs/1998/katz.html
Appendix A: Imperfect Competition Model of Inflation
1 Nov 1995
RDP
9509
Effect of wage shock on NAIRU and long-run real wage:. which is zero if firms price independently of demand and, therefore, β. ... 1. = 0. Effect of price shock on NAIRU and long-run real wage:.
https://www.rba.gov.au/publications/rdp/1995/9509/appendix-a.html
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