Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
Search Results
Achieving Full Employment
21 Jun 2023
Speech
PDF
787KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-dg-2023-06-20.pdf
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
Watching the Invisibles
13 Jun 2019
Speech
PDF
380KB
Graph 6. The textbooks also talk about ‘structural unemployment’ as being part of the NAIRU. ... Here, too, we see evidence supporting the idea that the NAIRU has fallen.
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-06-12-2.pdf
Speech Three Questions About the Outlook Luci Ellis Assistant ...
13 Feb 2018
Speech
PDF
302KB
job. So we shouldn't expect the NAIRU to stay at the same level forever. ... Last year wepublished a central estimate of the NAIRU of around 5 per cent (Cusbert 2017).
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-02-13.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
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
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
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
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