NAIRU

Australia is about to set its first full employment target and it will define people’s lives for decades, Peter Martin says

Australia is about to set its first full employment target and it will define people’s lives for decades, Peter Martin says

BNZ's Stephen Toplis argues the labour market is causing RBNZ monetary policy more problems than the highest inflation in 30 years

BNZ's Stephen Toplis argues the labour market is causing RBNZ monetary policy more problems than the highest inflation in 30 years

In its setting of monetary policy the Reserve Bank must target 'maximum sustainable employment.' So just what is this?

In its setting of monetary policy the Reserve Bank must target 'maximum sustainable employment.' So just what is this?

Is the Reserve Bank's focus on the moveable feast of maximum sustainable employment appropriate, or could something like a government job guarantee be a better way of dealing with unemployment?

Is the Reserve Bank's focus on the moveable feast of maximum sustainable employment appropriate, or could something like a government job guarantee be a better way of dealing with unemployment?

Gareth Vaughan on natural rate of unemployment dogma, justifying equity bull markets, Melbourne battles on, from tourism to nappies, and the US electoral tinderbox

Gareth Vaughan on natural rate of unemployment dogma, justifying equity bull markets, Melbourne battles on, from tourism to nappies, and the US electoral tinderbox

The combination of low unemployment and stubbornly low inflation across Western advanced economies has exposed the fundamental flaws of the standard economic theory that have long informed monetary policymaking. What theory should replace it?

The combination of low unemployment and stubbornly low inflation across Western advanced economies has exposed the fundamental flaws of the standard economic theory that have long informed monetary policymaking. What theory should replace it?

Labour's monetary policy employment target met by questions on how to measure success (NAIRU?) and whether people will continue to trust the Reserve Bank. Time Inconsistency anyone?

Labour's monetary policy employment target met by questions on how to measure success (NAIRU?) and whether people will continue to trust the Reserve Bank. Time Inconsistency anyone?

Bernard Hickey says we need a 'huge burst of investment' to get both our public deficit down and unemployment lower and he wants the Government to fund it. Do you agree?

Bernard Hickey says we need a 'huge burst of investment' to get both our public deficit down and unemployment lower and he wants the Government to fund it. Do you agree?