the NAIRU

the NAIRU
the NAIRU UK US (also the Nairu) noun [S] ECONOMICS
ABBREVIATION for the Non-Accelerating Inflation Rate of Unemployment: the level of unemployment that a country can have without it having a bad effect on the rate of inflation: »

Any attempt to push unemployment below the Nairu using macro-economic policy would lead to higher inflation.


Financial and business terms. 2012.

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  • NAIRU — In monetarist economics, particularly the work of Milton Friedman, NAIRU is an acronym for Non Accelerating Inflation Rate of Unemployment,[1] and refers to a level of unemployment below which inflation rises. It is widely used in mainstream… …   Wikipedia

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  • NAIRU — [ˈnaɪruː] noun ECONOMICS non accelerating inflation rate of unemployment; the number of people without work that some economists say is necessary at a particular time in order to prevent prices rising too fast: • Once inflation has levelled out… …   Financial and business terms

  • NAIRU — /naɪˈru/ (say nuy rooh) noun Economics the lowest point to which the employment rate can drop without fuelling wage pressures leading to inflation. {N(on )A(ccelerating) I(nflation) R(ate of) U(nemployment)} …  

  • nairu — nai·ru (nāʹro͞o) n. The lowest unemployment rate that an economy can accommodate without causing inflation.   [n(on)a(ccelerating) i(nflation) r(ate of) u(nemployment).] * * * …   Universalium

  • 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) often represents an equilibrium between the state of the economy and the labor market. NAIRU …   Investment dictionary

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