the transition, up until the shock is fully absorbed. Viability is a function of the speed of job destruction and the … strength of the initial shock to employment. In the long run, the system asymptotically converges to full employment of all … groups. If the rate of job destruction is sufficiently low, the unemployment rates can get close to steady-state values …

special system of unemployment assistance. The majority of the non-employed, including those aged 15-59, receive disability …

special system of unemployment assistance. The majority of the non-employed, including those aged 15-59, receive disability …. -- unemployment ; inactivity ; job search ; registration …