RT info:eu-repo/semantics/workingPaper T1 Unemployment duration, layoffs and competing risks A1 Arranz Muñoz, José María A1 García Serrano, Carlos A1 Toharia Cortés, Luis K1 Unemployment duration K1 Job loss K1 Competing risks K1 Unobserved heterogeneity K1 Dead-end jobs K1 Desempleo-España K1 Economía K1 Estadística K1 Política económica K1 Economics K1 Statistics K1 Economic policy AB The main objective of this paper is to investigate the determinants of unemployment duration in a competing risks framework with two destination states: employment andinactivity. In particular, we analyze labour market trajectories of job losers and workers without previous labour experience using data from the Spanish Labour Force Survey (EPA) for the period 1992-2004. We find that male workers, people aged 25-34, highereducated job losers in regions with low unemployment rates and workers with previous employment experience exhibit higher exit rates from unemployment into a job. On the contrary, the same variables present a negative effect on the probability of exiting from unemployment to inactivity. We also find that non-claimants of unemployment benefits exit from unemployment faster than claimants do. Finally, the existence of a dead-end job effect is detected in the Spanish labour market during the 1990s. PB Fundación de las Cajas de Ahorros YR 2007 FD 2007 LK http://hdl.handle.net/10017/11541 UL http://hdl.handle.net/10017/11541 LA eng NO JEL Classification: J64, J65 DS MINDS@UW RD 19-abr-2024