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  2. Dec 20, 2022 · The non-accelerating inflation rate of unemployment (NAIRU) is the lowest level of unemployment that can occur in the economy before inflation starts to inch...

  3. Nov 14, 2014 · NAIRU stands for the Non-Accelerating Inflation Rate of Unemployment, and the idea is that inflation will accelerate if the unemployment rate falls below the NAIRU...

    • Matthew Yglesias
  4. This Explainer outlines the concept of the NAIRU, the importance of the NAIRU, and the factors that determine its level. What is the NAIRU? The NAIRU is the lowest unemployment rate that can be sustained without causing wages growth and inflation to rise.

  5. Dec 23, 2016 · Nairu stands for Non-Accelerating Inflation Rate of Unemployment - such a mouthful that no one ever says it out loud. Often, it is spelled out as an acronym,...

  6. What is NAIRU? NAIRU is the acronym for Non-Accelerating Inflation Rate of Unemployment. It is the level of unemployment below which the rate of inflation is expected to rise. It means that, theoretically, the rate of inflation increases when the rate of unemployment goes below the NAIRU level.

  7. Feb 8, 2024 · The natural rate of unemployment (NAIRU) is the rate of unemployment arising from all sources except fluctuations in aggregate demand. Estimates of potential GDP are based on the long-term natural rate. (CBO did not make explicit adjustments to the short-term natural rate for structural factors before the recent downturn.)

  8. The NAIRU and Natural rate of unemployment are similar concepts – they both reflect the level of structural unemployment when the economy is close to full employment. However, they have different compositions and can vary in the short term. NAIRU – Non-accelerating Inflation rate of Unemployment.

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