Obviously, I am not alone in using this concept in important policy work. For example, in its budget projections, CBO is very disciplined in assuming that the unemployment rate gradually gravitates to NAIRU.
If we begin with an unemployment rate below their estimate of NAIRU, CBO assumes a period of below-trend growth to allow the unemployment rate to return to their estimate of NAIRU and to prevent on ongoing increase in the rate of inflation. This is the model and forecast upon which your budget deal is based.