NAIRU: Dangerous Dogma at the Fed


Publication Date: December 2000

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Banking and finance

Keywords: Inflation; Unemployment rate; Wage index

Type: Report

Coverage: United States

Abstract:

This report, published by the Financial Markets Center, provides a critique of the concept of a non-accelerating inflation rate of unemployment (NAIRU).