Thursday, March 31, 2005

Job Security

No. 04‐6 Working Paper Federal Reserve Bank of Boston
Effective Labor Regulation and Microeconomic Flexibility
Ricardo Caballero, Kevin N. Cowan, Eduardo M.R.A. Engel, and
Alejandro Micco

This is no Paper for the Weak of Heart, and the Author is known to be mathematically challenged among other things. He thought he had detected the use of a Loop approximation for a Sliding-Scale Constant variable(that means the value of the variable could be two numeral Constants). He cannot be sure, though, because he isn't very good at this stuff.

Now for an evaluation of the Paper:

Econometrics always attempts to dismiss the variable number of average Hours worked, as does this Paper, because it throws estimates all across the board. The variance of Hours worked, nevertheless, operate as Firm response to Job Security regulation; negating the impact of the regulations. The reduction of Hours reflect the Cycle of Firm disintergration, with Creative destruction occurring at the same relevant speed and point of Firm failure. The loss of Microeconomic flexibility actually aids, rather than hinders, sound economic growth; Job security regulations forcing prior creation of Operating revenues sufficient to maintain Job creation. Low or no Job security regulation supplies unsound Firm creation, leading to wastage of Capital resources and thereby, loss of long-term sustainable economic growth.

Lack of Job security also has other negative effects upon economic growth. Higher Job turnover increase total Training Costs incurred within the Economy. Periods of Unemployment retard Household Consumption and Saving. Some unpublished Studies have established a correlation between Product Quality and Job Security. Productivity has also been shown to degrade with lack of Job specialization.

Economists often cannot differentiate between value to Business Firms, and value to economic growth. Business Firms depend on immediate Profits, and long-term gain is sacrificed for those Profits. Economic growth, on the other hand, stands upon repetitive Production levels. lgl

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eagle36 said...

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All the best to you! said...

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Please accept my compliments and wishes for your happiness and success.
If you have a moment, please take a look at my site:
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It pretty much covers home equity line hawaii related issues.
All the best!

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It'd be great if you were to drop by for a few seconds - have a look around, check out a few of the informative links I've got there.

Joe Langer said...

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I'm not too familiar with blogs, but I found your post " Job Security " a good read. I was actually looking for information on Powerseller Package and found your post. Any recommendations for the best infromation about Powerseller Package?

Nice one.

wessez said...

Nice blog :)......Interesting post on Job Security. Personally, I've always been fascintated with offshore hedge funds, so I created a website not long ago called just that - offshore hedge funds.

It'd be great if you were to drop by for a few seconds - have a look around, check out a few of the informative links I've got there.

wessez said...

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Thanks

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I see you share my interest in Money Making Website. Your input would mean a lot to me. If you would be so kind to visit my site and give me your feedback, I would most appreciate it.

Thanks

wessez said...

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I'm not too familiar with blogs, but I found your post " Job Security " a good read. I was actually looking for information on Ultimate Ebooks and found your post. Any recommendations for the best infromation about Ultimate Ebooks?

Nice one.

wessez said...

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I am planning to start a blog soon - to go with my website on hsbc offshore.

Do you have any advice for someone just starting their own blog?

If you do, do you think you could post a quick message on your blog here so all of us could benefit from your wisdom?

Thanks

Ebook Manic said...

Hi Lawrance George Lux,

I see you share my interest in Online Business. Your input would mean a lot to me. If you would be so kind to visit my site and give me your feedback, I would most appreciate it.

Thanks

Ebook Manic said...

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Regards

Wheeler said...

With Job Security in mind, where would you place the emphasis? Sometimes it gets cloudy when you start into and I for one can get confused. Would it be OK to juct pick up wherever you're at right now?

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wessez said...

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It'd be great if you were to drop by for a few seconds - have a look around, check out a few of the informative links I've got there.

wessez said...

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Personally, I've always found offshore hedge funds to be very intriguing, and interesting, but not always very informative. So I did some research and started my own webpage to help people get started with offshore hedge funds.

If offshore hedge funds also piques your interest, come by when you've got a few seconds - check out the different resources listed. I'm sure you'll find it very interesting.

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It'd be great if you were to drop by for a few seconds - have a look around, check out a few of the informative links I've got there.

wessez said...

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wessez said...

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It'd be great if you were to drop by for a few seconds - have a look around, check out a few of the informative links I've got there.

wessez said...

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Personally, I've always found offshore tax haven to be very intriguing, and interesting, but not always very informative. So I did some research and started my own webpage to help people get started with offshore tax haven.

If offshore tax haven also piques your interest, come by when you've got a few seconds - check out the different resources listed. I'm sure you'll find it very interesting.

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