NAIRU

Business, Legal & Accounting Glossary

Definition: NAIRU


NAIRU


Full Definition of NAIRU


The level of the unemployment rate at which prices rise at the same rate that they are expected to rise, and thus at which (since expectations needn’t change) the rate of inflation does not then rise or fall. Stands for Non-Accelerating Inflation Rate of Unemployment.


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, from PayrollHeaven.com website: https://payrollheaven.com/define/nairu/

Definition Sources


Definitions for NAIRU are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.