Jasjeet Singh Sekhon
Date: Version 0.7
Jasjeet S. Sekhon
Assistant Professor
Center for Basic Research in the Social Sciences
Harvard University
jasjeet_sekhon@harvard.edu
HTTP://sekhon.berkeley.edu/
You may download the current NAIRU estimates from
HTTP://sekhon.berkeley.edu/nairu/download/nairu5508to0106.asc.
You may also download a PDF or postscript version of this document.The nonaccelerating inflation rate of unemployment (NAIRU) is an important economic and political concept. It is significant not only because most macroeconomists use it when thinking about a variety of issues but also because it plays a pivotal role in guiding policy. In this note I briefly describe how I estimate the NAIRU.