Search: NAIRU

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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Exploring the ‘Confidence Gap’

17 Mar 2022 Bulletin – March 2022
Joyce Tan
Previous Reserve Bank research has shown that female students and students from less advantaged backgrounds are more likely to report having a poor understanding of economics and lower confidence in their economics proficiency than other students.
https://www.rba.gov.au/publications/bulletin/2022/mar/exploring-the-confidence-gap.html

September | 2014

18 Sep 2014 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2014/sep/

Potential Growth and Rebalancing in China

18 Jun 2015 Bulletin – June 2015
Cai Fang and Ivan Roberts
In rapidly growing emerging economies such as China, it can be difficult to distinguish changes in long-term trends in growth from short-term macroeconomic cycles. This article provides a narrative account of recent phases in Chinese economic growth,
https://www.rba.gov.au/publications/bulletin/2015/jun/4.html

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

Explaining Low Inflation Using Models

20 Jun 2019 Bulletin – June 2019
Natasha Cassidy, Ewan Rankin, Mike Read and Claudia Seibold
The Reserve Bank's inflation forecast models can help assess which factors have contributed most to low inflation over recent years.
https://www.rba.gov.au/publications/bulletin/2019/jun/explaining-low-inflation-using-models.html

Topic: Australian Economy

11 Sep 2018 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/australian-economy/

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

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

Potential Growth in Advanced Economies

12 Dec 2019 Bulletin – December 2019
Ivailo Arsov and Benjamin Watson
Potential growth is the rate of growth that an economy can sustain over the medium term without generating excess inflation.
https://www.rba.gov.au/publications/bulletin/2019/dec/potential-growth-in-advanced-economies.html