Chasing Full Employment: Understanding the NAIRU and Inflation Trade-offs

Chasing Full Employment: Understanding the NAIRU and Inflation Trade-offs

Can unemployment ever be too low? In this episode, we explore the Non-Accelerating Inflation Rate of Unemployment—or NAIRU—a key economic concept used to gauge how low unemployment can go without triggering rising inflation. You'll learn how the NAIRU helps central banks like the RBA make informed monetary policy decisions, and why it's central to debates about full employment and price stability. We also unpack the many forces that influence the NAIRU, from globalisation and technology to worker bargaining power and long-term unemployment. This episode is perfect for anyone wanting to understand the balance between jobs and inflation in a modern economy.

Source: https://www.rba.gov.au/education/resources/explainers/

Episoder(61)

Populært innen Fakta

fastlegen
dine-penger-pengeradet
relasjonspodden-med-dora-thorhallsdottir-kjersti-idem
treningspodden
rss-strid-de-norske-borgerkrigene
foreldreradet
jakt-og-fiskepodden
rss-sunn-okonomi
merry-quizmas
gravid-uke-for-uke
fryktlos
sinnsyn
rss-mann-i-krise-med-sagen
hverdagspsyken
generasjonspodden
rss-kunsten-a-leve
smart-forklart
dopet
teknologi-og-mennesker
rss-adhd-i-klasserommet