⚙️ Controls

Preset scenario Separation rate δ 0.030 Matching efficiency μ 0.50 Job creation rate q 0.040 Simulation speed 1×

Unemployment

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Vacancies

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Matches / step

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Time step

ℹ️ About

The Beveridge curve plots vacancies vs unemployment. Matching is M = μ√(uv)·N (Cobb-Douglas, α=½). Separation feeds unemployed workers; job-creation adds vacancies. Shocks shift the curve outward. The DMP model is used in macro-economics to study labor market inefficiencies.