Unemployment rate not accelerating the rise in wages
The wage increase is not accelerating unemployment , ( English non-accelerating wage rate of unemployment , in short NAWRU ) describes the economics , the level of unemployment at which no burst of inflation through wage increases is triggered.
The NAWRU is calculated as follows:
where denotes the wage rate, the actual unemployment rate and the difference operator, d. H. is the change in the rate of wage growth.
See also
Individual evidence
- ↑ OECD: OECD Economic Outlook, Edition 1999/1. , P. 161