NAIRU
id:
nairu-162-14399504
title:
NAIRU
text:
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 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 allowin
brand slug:
wiki
category slug:
encyclopedia
description:
Level of unemployment below which inflation would be expected to rise
original url:
https://en.wikipedia.org/wiki/NAIRU
date created:
2002-10-23T13:52:34Z
date modified:
2024-08-27T21:26:50Z
main entity:
{"identifier":"Q1533767","url":"https://www.wikidata.org/entity/Q1533767"}
image:
fields total:
13
integrity:
15