What does nairu mean?
Definitions for nairu
nairu
This dictionary definitions page includes all the possible meanings, example usage and translations of the word nairu.
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Wikipedia
NAIRU
Non-accelerating inflation rate of unemployment (NAIRU) is a theoretical level of unemployment below which inflation would be expected to rise. It was first introduced as NIRU (non-inflationary rate of unemployment) by Franco Modigliani and Lucas Papademos in 1975, as an improvement over the "natural rate of unemployment" concept, which was proposed earlier by Milton Friedman.In the United States, estimates of NAIRU typically range between 5 and 6%. Monetary policy conducted under the assumption of a NAIRU typically involves allowing just enough unemployment in the economy to prevent inflation rising above a given target figure. Prices are allowed to increase gradually and some unemployment is tolerated.
Wikidata
NAIRU
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 of unemployment below which inflation rises. It is widely used in mainstream economics. It was also introduced as NIRU in Modigliani – Papademos.
Numerology
Chaldean Numerology
The numerical value of nairu in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of nairu in Pythagorean Numerology is: 9
Examples of nairu in a Sentence
What does a full employment mandate mean? Sometimes these conversations can get very 'NAIRU-centric,' the labor market is a very complex organism and it is useful to keep multiple indicators.
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Translations for nairu
From our Multilingual Translation Dictionary
- NAIRUFrench
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