319–41, https://www.nber.org/chapters/c7419.pdf. Woodford, Michael (2003). Interest and Prices: Foundations of a Theory of Monetary Policy. Princeton, N.J.: Princeton University Press. Figure 1. Assessments of the Longer-Run Normal Unemployment Rate from the Summary of Economic Projections  Note: Calculated from the final Summary of Economic Projections in each calendar year (November for 2011; December for other years).
The value shown is the median of the individual Federal Open Market Committee participant projections for the fourth quarter of each calendar year. (For 2014, the value is the midpoint of the central tendency, as the median is not publicly available.) Source: Federal Reserve Board, Summary of Economic Projections for 2011 to 2013 (https://www.federalreserve.gov/monetarypolicy/fomc_historical.htm) and for 2014 to 2018 (https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm). Figure 2.