Quaas, Georg; Klein, Mathias - Volkswirtschaftliche Fakultät, … - 2010
The Non-Accelerating Inflation Rate of Unemployment (NAIRU) is a major concept in (monetary) economics in predicting … changes in the inflation rate. As the inflation neutral unemployment rate is an unobserved and, in the long run, a changing … changes in the unemployment rate or the labor productivity are necessary to forecast changes in the inflation rate accurately …