What does NAIRU stand for?

What does NAIRU mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: NAIRU.

We've found a total of 3 definitions for NAIRU:

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Non-Accelerating Inflation Rate of Unemployment

Governmental » State & Local


Non-Accelerating Inflation Rate of Unemployment

Governmental » US Government


Not Anything I Really Understand



What does NAIRU mean?

In monetarist economics, particularly the work of Milton Friedman, NAIRU is an acronym for non-accelerating inflation rate of unemployment, and refers to a level of unemployment below which inflation rises. It is widely used in mainstream economics. It was also introduced as NIRU in Modigliani – Papademos.

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"NAIRU." Abbreviations.com. STANDS4 LLC, 2014. Web. 26 Dec. 2014. <http://www.abbreviations.com/NAIRU>.

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