NAIBER
id:
naiber-246-9855107
title:
NAIBER
text:
In economics, non-accelerating inflation buffer employment ratio (NAIBER) refers to a systemic proposal for an in-built inflation control mechanism devised by economists Bill Mitchell and Warren Mosler, and advocated by Modern Money Theory as replacement for NAIRU. The concept of NAIBER is related to the idea of a job guarantee aimed to create full employment and price stability, by having the state promise to hire unemployed workers as an employer of last resort (ELR).
brand slug:
wiki
category slug:
encyclopedia
description:
Systemic proposal for an in-built inflation control mechanism
original url:
https://en.wikipedia.org/wiki/NAIBER
date created:
date modified:
2023-12-12T18:28:58Z
main entity:
{"identifier":"Q55624431","url":"https://www.wikidata.org/entity/Q55624431"}
image:
fields total:
13
integrity:
14