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How can you calculate NAIRU for Q3 and Q4. I know Q3 is between July-September while Q4 is between October-December.

In this table, I found

Year

Real GDP

Unemployment

CPI

Real GDPpotential

NAIRU

2015  

$16,414.0 billion

5.167%

238.305

$16,746 billion

 

2015 

$16,470.6 billion

5.%

237.233

$16,809 billion

 

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Year

Unemployment

CPI

NAIRU

July

5.3%

238.654

 

August

5.1%

238.316

 

September

5.1%

237.945

 

October

5%

237.838

 

November

5%

237.336

 

December

5%

236.525

 

I found the data online and got the Real GDP and GDP potential quarterly, but for Unemployment and CPI, I used the averages of the number from the table (months). How can I solve for NAIRU? 

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 Kritika Krishnakumar
Kritika KrishnakumarLv10
28 Sep 2019

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