Search: NAIRU
RBA Glossary definition for NAIRU
NAIRU – Non-accelerating inflation rate of unemployment
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Okun's Law and Potential Output
1 Dec 2015
RDP
PDF
987KB
The non-accelerating inflation rate of unemployment (NAIRU) is typically estimated from a Phillips curve regression. ... An estimated increase in the NAIRU lowered ex post growth rates in the 1970s.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-14.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
Unemployment or Tax Reform?
7 Dec 2006
Conferences
PDF
49KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/richardson-c.pdf
Low Wages Growth in Australia – An Overview
22 Jul 2019
Conferences
PDF
607KB
RBA Annual Conference 2019
https://www.rba.gov.au/publications/confs/2019/pdf/rba-conference-2019-cassidy.pdf
The Australian Labour Market in the 1990s
24 Nov 2006
Conferences
PDF
113KB
RBA Conference Volume 2000
https://www.rba.gov.au/publications/confs/2000/pdf/dawkins.pdf
MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
of unemployment (NAIRU). The household and business sectors are at the core of MARTIN’s structure (Figure 1). ... inflation target and the unemployment rate equals the NAIRU. While some of these assumptions are uncontroversial (for example, that the
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
The Phillips Curve in Australia
1 Dec 2009
RDP
PDF
491KB
the NAIRU account for a relatively smallamount of the movements in annual inflation. ... Figure 8: NAIRU from the Price Phillips Curve. One-sided NAIRU. Two-sidedNAIRU.
https://www.rba.gov.au/publications/rdp/1999/pdf/rdp1999-01.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
Bulletin
17 Apr 2024
Bulletin
- April 2024
PDF
7253KB
https://www.rba.gov.au/publications/bulletin/2024/apr/pdf/bulletin-2024-04.pdf
Reflections on US Labour Market Performance
7 Dec 2006
Conferences
PDF
71KB
RBA Conference Volume 1998
https://www.rba.gov.au/publications/confs/1998/pdf/katz.pdf