Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Estimating Output Gaps
1 Dec 2009
RDP
PDF
386KB
u nairu B L y yt t t tT. u t= ( )( ) ,ε (6). ... 15. unemployment rate and the NAIRU, there is a substantial negative output gap.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9809.pdf
Bulletin
17 Apr 2024
Bulletin
- April 2024
PDF
7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf
Assessing Full Employment in Australia
17 Apr 2024
Bulletin
- April 2024
PDF
819KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/assessing-full-employment-in-australia.pdf
Reflections on US Labour Market Performance
7 Dec 2006
Conferences
PDF
21KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/stevens-disc.pdf
27/10/2017 Uncertainty | Speeches http://www.rba.gov.au/speeches/2017/sp-dg-2017-10-26.html 1/16 Speech ...
26 Oct 2017
PDF
340KB
The NAIRU can only be estimated, rather than directly measured like GDP or inflation. ... The estimates suggest that the NAIRU is slow moving most of the time.
https://www.rba.gov.au/speeches/2017/pdf/sp-dg-2017-10-26.pdf
Unemployment and Spare Capacity in the Labour Market
17 Sep 2014
Bulletin
September Quarter 2014
PDF
456KB
https://www.rba.gov.au/publications/bulletin/2014/sep/pdf/bu-0914-2.pdf
Economic Outlook
10 Feb 2020
SMP
- November 2018
PDF
1604KB
https://www.rba.gov.au/publications/smp/2018/nov/pdf/05-economic-outlook.pdf
Discussion of The Australian Labour Market in the 2000s: The Quiet Decade
13 Dec 2011
Conferences
PDF
345KB
RBA Conference Volume 2011
https://www.rba.gov.au/publications/confs/2011/pdf/borland-disc.pdf
Inflation Targeting: A Victim of Its Own Success?
23 Aug 2015
RDP
PDF
932KB
period. 9. be placed on the particular estimates of the NAIRU shown here. ... harder – NAIRU-based forecasts of inflation are now much less reliable and new techniques will need to be developed.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-09.pdf
On Lags
21 Aug 2018
Speech
PDF
227KB
As a result, more recent NAIRU estimates have tended to be revised down. ... unemployment can fall further before wages start to rise. In other words, the NAIRU falls.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-08-17.pdf