Articles on nairu

February 8, 2022

Why there’s no magic jobless rate to increase Australians’ wages

Jim Stanford, University of Sydney

If we want higher wages, we must win them through deliberate wage-boosting policies.

July 11, 2021

Ian McDonald, The University of Melbourne

Our work suggests we could have achieved much lower unemployment than we have in recent years, without driving up inflation.

March 2, 2021

Peter Martin, Crawford School of Public Policy, Australian National University

Now that we are recovering from recession, there’s no telling how low we could push the unemployment rate. One estimate is 3.5%.

Ian McDonald
Emeritus Professor, The University of Melbourne
Jim Stanford
Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
Peter Martin
Visiting Fellow, Crawford School of Public Policy, Australian National University