Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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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
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 Why, How and What of Forecasting
5 May 2023
Speech
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745KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-03.pdf
The Neutral Rate: The Pole-star Casts Faint Light
17 Oct 2022
Speech
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637KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-10-12.pdf
Recent Economic Developments
14 Mar 2022
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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
Universidad De Chile Conference on Central Bank Independence, Mandates and Policies
22 Oct 2021
Speech
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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
Watching the Invisibles
13 Jun 2019
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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
The State of the Labour Market
17 Oct 2018
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421KB
NAIRU. We also closelymonitor broader measures of underutilisation. In that regard, here are some useful facts to keepin mind: around one-quarter of part-time workers are actively looking to work
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-10-17.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