NAIRU

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Acronym	Definition
NAIRU	Non-Accelerating-Inflation Rate of Unemployment

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? References in periodicals archive
The NAIRU was invented, mainly by Milton Friedman in 1968, in dissent from the prior doctrine of the Phillips Curve, the idea that full employment would entail only a modest rise in the permanent rate of inflation. Fed ache: an insider's account of the Greenspan machine by Galbraith, James K. / Washington Monthly According to the NAIRU model, inflation will remain steady if the unemployment rate is just equal to a critical threshold, which is called the NAIRU. Inside the FOMC: in his new book, a former Fed governor provides a ... by Meyer, Laurence / The International Economy I am also aware that there has been interest by some members, particularly Congressman Frank, in my views, specifically my views about the relevance of the NAIRU (nonaccelerating-inflation rate of unemployment) concept to understanding recent economic performance and risks to the outlook. Statements to Congress by Federal Reserve Bulletin More results

? References in periodicals archive

The NAIRU was invented, mainly by Milton Friedman in 1968, in dissent from the prior doctrine of the Phillips Curve, the idea that full employment would entail only a modest rise in the permanent rate of inflation.

Fed ache: an insider's account of the Greenspan machine by Galbraith, James K. / Washington Monthly

According to the NAIRU model, inflation will remain steady if the unemployment rate is just equal to a critical threshold, which is called the NAIRU.

Inside the FOMC: in his new book, a former Fed governor provides a ... by Meyer, Laurence / The International Economy

I am also aware that there has been interest by some members, particularly Congressman Frank, in my views, specifically my views about the relevance of the NAIRU (nonaccelerating-inflation rate of unemployment) concept to understanding recent economic performance and risks to the outlook.

Statements to Congress by Federal Reserve Bulletin

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