Performance Paper No. 6, August 1994.

101. «Marketing Labour,» The Economist, April 1, 1995, p. 44.

102. David Marsh, «German Exporters Feeling the Squeeze,» Financial Times, March 24, 1995, p. 2.

103. Robert Solow, Is AH That European Unemployment Necessary? The World Economic Laboratory, MIT Working Paper No. 94–06, 1993.

104. «Labour Pains,» The Economist, February 12, 1994, p. 74.

105. Heino Fassbender and Susan Cooper Hedegaard, «The Ticking Bomb at the Core of Europe,» McKinsey Quarterly, No. 3, 1993, p. 132.

106. Ibid.

107. «Doleful,» The Economist, October 9, 1994, p. 17.

108. Richard Donkin, «World Outlook for Jobs Gloomy,» Financial Times, April 27, 1994, p. 4.

109. Ibid.

110. Frank Riboud, «Army of Invalids,» Worldlink, May/June 1994, p. 5.

111. Ibid.

112. Council of Economic Advisers, Economic Report of the President 1995, p. 314.

113. Oliver J. Blanchard, «European Unemployment,» NBER Reporter, Winter 1993-94, p. 7.

114. James M. Poterba and Lawrence H. Summers, Unemployment Benefits, Labor Market Transitions, and Spurious Flows, NBER Working Paper No. 4434, August 1993.

115. «The 12 % Shame,» The Economist, April 1, 1995, p. 42.

116. Richard Freeman, «The Trouble with Success,» The Economist, March 12, 1994 p. 51.

117. «How Regulations Kill New Jobs,» The Economist, November 19, 1994, p. 82.

118. «European Bosses Ask for Cuts in Employee Benefits,» Straits Times, August 20,

1994. p. 13.

119. Robert J. Gordon, Back to the Future: European Unemployment Today Viewed from America in 1939, Brookings Papers on Economic Activity, No. 1, 1988, p. 271.

120. Audren Choi, «Daimler Benz Looks to Flee German Woes,» Asian Wall Street Journal, March 13, 1995, pp. 1, 2.

121. «Dark Days,» The Economist, October 9, 1993, p. 59.

122. «Nothing Could Be Finer,» The Economist, November 19, 1994, p. 77.

123. «Herr Lazarus,» The Economist, March 18, 1995, p. 68.

124. «Labour Costs,» The Economist, May 27, 1995, p. 110.

125. Ariane Benillard, «Cost Savings of Relocation Lure German Companies,» Financial Times, November 9, 1993, p. 1.

126. «New Law Allows Private Employment Agencies,» This Week in Germany, April 22, 1994, p. 4.

127. «Low Pay Forces Desperate 1 Million to Take Second Jobs,» Guardian, October 24, 1994, p. 4.

128. Takeuchi Hiroshi, «Reforming Management,» Journal of Japanese Trade and Industry, No. 2, 1994, p. 12; «Japan: One in Ten?» The Economist, July 1, 1995, p. 52.

129. «Inequality,» The Economist, November 4, 1994, p. 19.

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