Kleinknecht, Alfred; Oostendorp, Remco; Pradhan, Menno; … - In: International Review of Applied Economics 20 (2006) 2, pp. 171-187
Unlike internal ('functional') forms of flexibility of labour, external ('numerical') forms of flexibility (i.e. high shares of people on temporary contract or a high turnover of personnel) yield substantial savings on a firm's wage bill. Savings on wage bills lead to higher job growth, but do...