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RBA Glossary definition for NAIRU

NAIRU – Non-accelerating inflation rate of unemployment

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Universidad De Chile Conference on Central Bank Independence, Mandates and Policies

22 Oct 2021 Speech PDF 176KB
Experience has taught us that the non-accelerating inflation rate of unemployment (NAIRU)moves over time and is influenced by many factors outside the control of the central bank.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-10-22.pdf

Indicators of Inflationary Pressure

31 Jan 2006 RDP PDF 402KB
Thus i f unemployment exceeds the NAIRU, due to say, a tightening of monetary policy, the rate of inflation is expected to de l ine. ... If there is hysteresis in unemployment, the rate of inflation could increase when unemployment is falling, even if it
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9207.pdf

Recent Economic Developments

14 Mar 2022 Speech PDF 920KB
There is a lot of uncertainty surrounding estimates of the Non-Accelerating Inflation Rate of Unemployment (NAIRU), and our estimates have trended lower over recent years as more evidence has become
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-03-09.pdf

Wrap-up Panel Discussion

23 Jul 2019 Conferences PDF 388KB
RBA Annual Conference 2019
https://www.rba.gov.au/publications/confs/2019/pdf/rba-conference-2019-panel-discussion.pdf

Bulletin June Quarter 2023

29 Sep 2023 Bulletin - June 2023 PDF 7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf

Discussion of What Went Right in the 1990s? Sources of American and Prospects for World Economic Growth

24 Nov 2006 Conferences PDF 26KB
RBA Conference Volume 2000
https://www.rba.gov.au/publications/confs/2000/pdf/delong-disc.pdf

The Neutral Rate: The Pole-star Casts Faint Light

17 Oct 2022 Speech PDF 637KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-10-12.pdf

Why is Wage Growth So Low?

17 Jun 2015 Bulletin June Quarter 2015 PDF 471KB
https://www.rba.gov.au/publications/bulletin/2015/jun/pdf/bu-0615-2.pdf

Australian Wage and Price Inflation: 1971-1994

1 Dec 2009 RDP PDF 105KB
When the desires oflabour and firms are consistent, inflation is stable and the corresponding level ofunemployment is termed the non-accelerating inflation rate of unemployment(NAIRU). ... Away from the NAIRU the desires of firms and labour are not
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9509.pdf

Round-up of Monetary Policy and Inflation Targeting

7 Dec 2006 Conferences PDF 20KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/roundup.pdf