This study analyses the effect of a flexible labour contract, such as the Labour Supply Contract - LSC (known in Italy as "Contratto di Somministrazione"), on employment and labour productivity. Its features (income support if a worker is temporarily without a job mission and training for workers with or without a job mission) allow for a flexicurity model. The estimates suggest that labour flexibility does not produce positive results in productivity, although the negative correlation is mitigated when it is associated with training activities. In general, flexibility produces negative effects, albeit decreasing with training activity, on productivity. EconLit Classification: J210, J240, J410 Keywords: Labour flexibility, Labour productivity, Labour supply contract, Flexicurity, Training
Keywords: Flessibilità del lavoro, Produttività del lavoro, Lavoro in somministrazione, Flexicurity, Formazione