The level of the unemployment rate at which prices rise at the same rate that they are expected to rise, and thus at which (since expectations needn't change) the rate of inflation does not then rise or fall. Stands for Non-Accelerating Inflation Rate of Unemployment.
Related information about NAIRU:
- NAIRU - Wikipedia, the free encyclopedia
In monetarist economics, particularly the work of Milton Friedman, NAIRU is an acronym for non-accelerating inflation rate of unemployment, and refers to a level ...
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The NAIRU Debate: Can the US Economy Grow Above 2.5% and Unemployment Fall Below 5% Without Causing an Increase in Inflation ? Can the US economy ...
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The lowest unemployment rate that an economy can accommodate without causing inflation. [n(on)a(ccelerating) i(nflation) r(ate of) u(nemployment).] NAIRU ...
- The NAIRU in Theory and Practice - Harvard University
NAIRU stands for the nonaccelerating infl ation rate of unemployment. It ... The fi rst issue is whether the concept of the NAIRU is a useful piece of business ...
- NAIRU - Dictionary Definition of NAIRU
Definition: NAIRU is Non-Accelerating Inflation Rate of Unemployment. That is, a steady state unemployment rate above which inflation would fall and below ...
- NAIRU - tutor2u | Economics | Business Studies
NAIRU stands for the non-accelerating inflation rate of unemployment. ... The NAIRU is the rate of unemployment when the rate of wage inflation is stable ...
- Non-Accelerating Inflation Rate Of Unemployment (NAIRU ...
The specific level of unemployment that exists in an economy that does not cause inflation to increase. The non-accelerating rate of unemployment (NAIRU) ...
- The NAIRU.mov - YouTube
Feb 23, 2010 ... The Expectations Augmented Phillips Curve NAIRU.