What is NAIRU?

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2007-08-09 06:02:45 · 3 answers · asked by Anonymous in Social Science ➔ Economics

3 answers

it is nonaccerating inflationary rate of unemployment

2007-08-09 06:21:58 · answer #1 · answered by haggismoffat 5 · 0⤊ 1⤋

The term NAIRU is an acronym for Non-Accelerating Inflation Rate of Unemployment. It is a concept in economic theory significant in the interplay of macroeconomics and microeconomics. Follow the link below to get a detailed explanation.

2007-08-09 06:13:04 · answer #2 · answered by Butch 3 · 0⤊ 0⤋

NAIRU is like the "natural" rate of unemployment. When we reach the long run and we are with the classical full employment.....there would be some rate of unemployment and that rate is the NAIRU

2007-08-09 09:26:00 · answer #3 · answered by dsro 3 · 0⤊ 0⤋