nairu

or NAI·RU

[ ney-roo ]
/ ˈneɪ ru /

noun Economics.

the nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.

Words nearby nairu

nair, naira, nairn, nairnshire, nairobi, nairu, naismith, naismith's rule, naissance, naissant, naive

Example sentences from the Web for nairu

  • It was this whole view, something called the NAIRU—the non-accelerating inflation rate of unemployment.

    Barney Frank Hits Back |Lloyd Grove |April 2, 2009 |DAILY BEAST

British Dictionary definitions for nairu

NAIRU
/ (ˈnaɪruː) /

n acronym for economics

non-accelerating inflation rate of unemployment: the rate of unemployment at which inflation is neither accelerating nor decelerating Also called: natural rate of unemployment