Beveridge Curve Position Checker

Observed Beveridge-plane displacement from an independently established matched reference point, not estimate a curve, structural unemployment or causal shift.

Description

A Beveridge-plane comparison uses unemployment and vacancy rates relative to a supplied reference.

A Beveridge-plane comparison uses unemployment and vacancy rates relative to a supplied reference.^[1]

Signed coordinate changes do not independently identify a structural shift or causal mechanism.

When to use Beveridge Curve Position Checker

Use this tool to obtain signedVacancyRateDisplacementPoints, signedUnemploymentRateDisplacementPoints from the supplied records using the stated calculation. Establish the population, period, variable definitions, sample coverage and independently applicable instrument or calibration.

How to use Beveridge Curve Position Checker and understand its results

Establish the population, period, variable definitions, sample coverage and independently applicable instrument or calibration.
Enter observedVacancyRatePercent, observedUnemploymentRatePercent, callerReferenceVacancyRatePercent, callerReferenceUnemploymentRatePercent, using the field meanings and rules below, then run the tool.
Read result.signedVacancyRateDisplacementPoints, result.signedUnemploymentRateDisplacementPoints. Use the units and sign conventions below, and review any unknown records separately.
Correct any reported input issue and run again. Before using a successful result, check the stated units, signs, reference scope and observation coverage.

Input field	Meaning	Value type	Requirement
observedVacancyRatePercent	Observed vacancy rate percent	number	Required
observedUnemploymentRatePercent	Observed unemployment rate percent	number	Required
callerReferenceVacancyRatePercent	Caller reference vacancy rate percent	number	Required
callerReferenceUnemploymentRatePercent	Caller reference unemployment rate percent	number	Required

Require all four observed and reference rate percentages in [0,100]. Subtract reference from observed independently for vacancy and unemployment rates. Return signed percentage-point displacements without a distance, fitted curve or causal classification.

vacancyDisplacement=observedVacancy−referenceVacancy; unemploymentDisplacement=observedUnemployment−referenceUnemployment

Use the matching field units and the exact boundary, ordering and reference rules above.

Output field	Meaning	Value type
result	Calculated observation or qualified reference	object
result.signedVacancyRateDisplacementPoints	Signed Vacancy Rate Displacement Points; preserve the subtraction order and sign defined in the mechanics	number
result.signedUnemploymentRateDisplacementPoints	Signed Unemployment Rate Displacement Points; preserve the subtraction order and sign defined in the mechanics	number

json

{
  "input": {
    "observedVacancyRatePercent": 3,
    "observedUnemploymentRatePercent": 5,
    "callerReferenceVacancyRatePercent": 2,
    "callerReferenceUnemploymentRatePercent": 4
  },
  "output": {
    "result": {
      "signedVacancyRateDisplacementPoints": 1,
      "signedUnemploymentRateDisplacementPoints": 1
    }
  }
}

Limitations and assumptions

Population definitions, survey design, calibration and observation coverage are independently established. A result describes the supplied record or conditional model without demonstrating causation, validating an instrument or supplying representative population evidence.

Missing required fields, unknown fields, wrong types and violated rules return input issues. Numeric values and outputs must be finite. Extremely large composite outputs are rejected.

Alternative or Complementary methods

For a related step, use Beveridge Vacancy-to-Unemployment Ratio: A vacancy-to-unemployment ratio compares compatible labor-market counts. For a complementary comparison, use Composite Labor Underutilization Rate Calculator: A composite labor-underutilization scenario combines unemployment, time-related underemployment and potential labor force.

References

Beveridge Curve Position Checker — tool.io

Similar or alternative tools

Beveridge Vacancy-to-Unemployment Ratio
A vacancy-to-unemployment ratio compares compatible labor-market counts.
Composite Labor Underutilization Rate Calculator
A composite labor-underutilization scenario combines unemployment, time-related underemployment and potential labor force.