Vol 8, No 16 (2005)

The active policies of use for the Latin American group try to contribute to the increase of the incorporation possibilities and labor maintenance of these workers so related to the Spanish culture, combining, at the same time, flexibility and security in the use. In addition, in
macroeconomic terms, the selective performance on the supply and the demand, with measures such as the promotion of the deprived initiative, the aid to mobility to sectors with sufficient demand or the direct creation of use, allow to reduce to the imbalances or misalignments in the work market.

The course continues. Here we present an extended Ito formula size and concept Stochastic Differential Equation in matrix-vector. The linear case is resolved as special case and applied to the solution of the Solow model. An appendix on the theory adds systems of linear equations in order to help understand the last part.

The following article offers the reader a journey through the managerial and organizational thinking evolution process from the late 1800s up to the present. The journey starts by studying the classical managerial thinking and its most characteristic
individuals such as: F.W. Taylor, H. Fayol, M. Weber and E. Mayo; the reader will also find their contributions to the contemporary managerial thinking creation development. Previous to a deep analysis of the contemporary managerial thinking and its most significant characters, the reader will be able to identify the rupture moment between the contemporary managerial thinking and classical thinking by means of the contributions the General System
Theory provides to the management science. As a final point, the reader will conclude this journey by going through the last four decades of the XX century. This allows him to focus on the end-of- the- century emerging proposals which gently merge with the managerial thinking and leads him towards his own questioning about evolution and change matters contrasting the new century’s big paradox. Despite the fact of having complex self-organized systems which are capable of adapting to chaos and uncertainty throughout permanent organizational feedback and learning processes,
we insist on the constant quest for the “magical recipe” leading to appropriately manage these organizations. These magical elements lead us to globalize, synthesize, minimize and unify the
administrative hassle and its solutions instead of leading us to understand the complexity and emergence of the organizational structures.

Transition Probability matrix among labor states has been constructed from the information about the status of hiring and firing flows (employed, unemployed, inactive), in two periods of time. This matrix shows the average of probability (transition rate) an individual has fro changing from one state to another state in the following period. The usefulness of this approach allows a  dynamic analysis of how entrance and leaving flows of each labor state affects employment, unemployment and inactivity. This approach becomes supplementary to the work market analysis based on population stoci statistics (population in an age to work employed, unemployed, and inactive population) and (unemployment, participation, or occupation) rate which are usually carried out

This article analyzes, in the first place, the effect of legislation on dismissals in labor market. In a second place, it shows how the existence of a wider dismissal legislation such as the case in
Spain, has not implied that the number of cases against workers have increased, because this result has greatly depended on the evolution of unemployment rate. In this way, the results show that 1% of strike rate increases in 14% the number of dismissals won by workers for the
Spanish case.

The threat posed to some companies globalization has brought different reactions. The first one is to consider competition as failure to industry national, by not having it with capital and productive capacity of foreign companies, but they forget that competition is also generate feelings of attachment, ie company with its social action must be capable of generating internal relationships that promote and strengthen a sense of belonging, so that the community feels the company as something very highly his or necessary, so it will be ready to defend and support within a globalized economy. The second reaction is considered to be more competitive is necessary evade taxes, because if legally pay all, then we should close the company. But that practice is the only thing that generates an economy consolidation underdeveloped, ruled by distrust, acted with premeditation and falls in the injustice, creating political and social instability leading the nation into extreme poverty, delay in the arts and sciences, in other words, the detachment of man by his country and by its institutions, the feeling of anxiety and unhappiness. The third and final reaction company to be more competitive is the search for the hiring of cheap labor and not by technological and product innovation, which ends with a high deterioration in social relations and the economy leads to greater political, economic and social backwardness. Paradoxically the most competitive and entrepreneurial countries are those where the population enjoys lower unemployment, higher incomes, lower interest rates, lower inflation, more product variety, better quality of life, greater social support, and less concentration of capital.

The Nobel Prize in Economics is created, thanks to the will of Alfred Nobel invented the dynamite, and in 1901 it begins to give those who make contributions to the development and advancement of humanity. Redelivery starts in areas such as physics, chemistry, physiology and medicine, literature, peace and economics. But it is in 1969, when delivered by first to economics, to commemorate the tercentenary of Sveringers Risbank (Central Bank of Sweden).

It is of great pride for countries where the winner of this award belongs and for universities, pay tribute to their dedication and efforts have contributed to betterment of society. So we want to be partakers of these awards, we wanted to continue this space in the magazine to make a brief description of the Economics Nobel prizes have been awarded since 1969. And now recognizing him
up to Simon Kuznets, Nobel Prize 1971.