WorldCat Identities

Blundell, Richard

Works: 312 works in 811 publications in 2 languages and 4,696 library holdings
Genres: Conference papers and proceedings  Case studies 
Roles: Author, Editor, Other, Creator, Redactor
Classifications: HB846, 339.22
Publication Timeline
Most widely held works about Richard Blundell
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Most widely held works by Richard Blundell
The measurement of household welfare by Richard Blundell( Book )

17 editions published between 1994 and 2010 in English and held by 382 WorldCat member libraries worldwide

Advances in economics and econometrics : theory and applications, ninth World Congress by Econometric Society( Book )

60 editions published between 2006 and 2007 in English and held by 365 WorldCat member libraries worldwide

This is the first of three volumes containing edited versions of papers and a commentary presented at invited symposium sessions of the Ninth World Congress of the Econometric Society, held in London in August 2005. The papers summarise and interpret key developments, and they discuss future directions for a wide variety of topics in economics and econometrics. The papers cover both theory and applications. Written by leading specialists in their fields, these volumes provide a unique survey of progress in the discipline
Unemployment, search, and labour supply by Richard Blundell( Book )

12 editions published in 1986 in English and held by 361 WorldCat member libraries worldwide

Seeking a premier economy : the economic effects of British economic reforms, 1980-2000( Book )

14 editions published in 2004 in English and held by 279 WorldCat member libraries worldwide

In the 1980s and 1990s successive British governments launched a series of reforms aimed at deregulating the economy. This collection of essays examines the impact that these reforms have had on unemployment, industrial relations, pay rates, and poverty, among other issues
Pensions and retirement in the UK by Richard Blundell( Book )

11 editions published in 1997 in English and held by 80 WorldCat member libraries worldwide

Labor force participation of men over age 50 fell sharply in the UK between the early 1970s and early 1990s. Despite the fact that the state retirement pension does not become available to men until age 65, half of men aged 60-64 were economically inactive in the mid 1990s. The main element of the state retirement pension is flat rate, and for most people is unaffected by any potential contributions made after age 60. Additional amounts of the earnings related component, SERPS, are earned as a result of extra contribu- tions. Overall the state retirement pension system offers no incentives for people to retire early. However, other benefits are available to people before the age of 65. Once the age of 60 is reached there is no availability for work test for receipt of means-tested benefits and there appears to be widespread use of invalidity and sickness benefits as a route into early retirement. Once these are accounted for a substantial incentive for early withdrawal from the labor market is apparent. The combination of this with the reduced demand for, and wages available to, low skilled labor can explain the reduced labor force participation that is observed. The state pension system, though, is complemented by extensive occupational pension coverage. For those in the occupational system the rules of their own scheme are likely to be an important element in their retirement decision. We show that the retirement behavior of those with and without occupational pensions is substantially different. Those without are more likely to withdraw from the labor market very early. A large share of those with occupational pensions retires from the age of 55 when relatively generous benefits are likely to become available. In many schemes there are incentives to retire before age 65
Labor supply and taxation by Richard Blundell( Book )

7 editions published between 2015 and 2016 in English and held by 69 WorldCat member libraries worldwide

This volume presents Richard Blundell's outstanding research on the modern economic analysis of labour markets and public policy reforms, which has enhanced greatly our understanding of how individuals' behaviour on the labour market responds to taxation and social policy influence. It brings together the author's key papers, some co-authored and some unpublished, with new introductions and an epilogue, covering some of his main research insights into the study of labour supply
Has "in-work" benefit reform helped the labour market? by Richard Blundell( Book )

14 editions published in 2001 in English and held by 61 WorldCat member libraries worldwide

The aim of this paper is to examine the labour market impact of in-work benefit reform in the UK. Evidence is drawn from the impact of earlier reforms in the UK and similar reforms in the US. We focus on the impact on labour supply -- employment and hours of work. In the US a large proportion of the dramatic increase in participation among low educated single parents in the 1990s has been attributed to the increased generosity of the EITC. The impact of apparently similar reforms in the UK appears to have been smaller. We argue that these differences can be attributed to four factors: the impact of interactions with other means tested benefits in the UK; the importance of workless couples with children in the UK, who make up nearly 50% of the recipients in the UK; the level of income support given to non-working parents; and the strength of the economic upturn in the US during the 1990s
The Determinants and effects of work-related training in Britain by Richard Blundell( Book )

5 editions published in 1996 in English and Undetermined and held by 55 WorldCat member libraries worldwide

Wealth portfolios in the UK and the US by James Banks( Book )

13 editions published in 2002 in English and held by 50 WorldCat member libraries worldwide

In this paper, we attempt to explain differences between the US and UK household wealth distributions, with an emphasis on the quite different porfolios held in stock and housing equities in the two countries. As a proportion of their total wealth, British households hold relatively small amounts of financial assets - including equities in stock - compared to American households. In contrast, British households appear to move into home ownership at relatively young ages and a large fraction of their household wealth is concentrated in houseing. Finally, the age gradient in home equity appears to be much steeper in the UK while US households exhibit a steeper age gradient in stock equity. We argue that the higher price housing price volatility in the UK combined with much younger entry into home ownership there are important factors accounting for the relatively small participation of young British householders in the stock market. We show it is important to acknowledge the dual role of housing - providing both wealth and consumption services - in understanding wealth accumulation differences between the US and the UK. Institutional differences, particularly in housing markets, that affect the demand and supply of housing services, turn out to be important in generating portfolio differences between the two countries. In particular, these differences in housing price risk imply steeper life-cycle accumulations in housing and less steep accumulation in stock equity over the life cycle in the UK
Higher education, employment and earnings in Britain by Richard Blundell( Book )

3 editions published in 1997 in English and held by 49 WorldCat member libraries worldwide

Partial insurance, information, and consumption dynamics by Richard Blundell( Book )

8 editions published in 2002 in English and held by 23 WorldCat member libraries worldwide

The impact of taxation on labour force participation and labour supply by Richard Blundell( Book )

2 editions published in 1995 in English and held by 23 WorldCat member libraries worldwide

Nonparametric Engel curves and revealed preference by Richard Blundell( Book )

12 editions published between 1997 and 1999 in English and Undetermined and held by 22 WorldCat member libraries worldwide

The Impact of Taxation on Labour Force Participation and Labour Supply by Richard Blundell( )

1 edition published in 1995 in English and held by 19 WorldCat member libraries worldwide

Consumption inequality and family labor supply by Richard Blundell( Book )

14 editions published between 2012 and 2014 in English and held by 18 WorldCat member libraries worldwide

In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, non-separability and asset accumulation decisions. We show how the model can be estimated and identified using panel data for hours, earnings, assets and consumption. We focus on the importance of family labour supply as an insurance mechanism to wage shocks and find strong evidence of smoothing of males and females permanent shocks to wages. Once family labor supply, assets and taxes are properly accounted for their is little evidence of additional insurance
Female labour supply, human capital and welfare reform by Richard Blundell( Book )

5 editions published in 2013 in English and held by 6 WorldCat member libraries worldwide

We consider the impact of tax credits and income support programs on female education choice, employment, hours and human capital accumulation over the life-cycle. We analyze both the short run incentive effects and the longer run implications of such programs. By allowing for risk aversion and savings, we quantify the insurance value of alternative programs. We find important incentive effects on education choice and labor supply, with single mothers having the most elastic labor supply. Returns to labor market experience are found to be substantial but only for full-time employment, and especially for women with more than basic formal education. For those with lower education the welfare programs are shown to have substantial insurance value. Based on the model, marginal increases to tax credits are preferred to equally costly increases in income support and to tax cuts, except by those in the highest education group
Innovation and top income inequality by Philippe Aghion( Book )

9 editions published in 2015 in English and held by 5 WorldCat member libraries worldwide

In this paper we use cross-state panel data to show a positive and significant correlation between various measures of innovativeness and top income inequality in the United States over the past decades. Two distinct instrumentation strategies suggest that this correlation (partly) reflects a causality from innovativeness to top income inequality, and the effect is significant: for example, when measured by the number of patent per capita, innovativeness accounts on average across US states for around 17% of the total increase in the top 1% income share between 1975 and 2010. Yet, innovation does not appear to increase other measures of inequality which do not focus on top incomes. Next, we show that the positive effects of innovation on the top 1% income share are dampened in states with higher lobbying intensity. Finally, from cross-section regressions performed at the commuting zone (CZ) level, we find that: (i) innovativeness is positively correlated with upward social mobility; (ii) the positive correlation between innovativeness and social mobility, is driven mainly by entrant innovators and less so by incumbent innovators, and it is dampened in states with higher lobbying intensity. Overall, our findings vindicate the Schumpeterian view whereby the rise in top income shares is partly related to innovation-led growth, where innovation itself fosters social mobility at the top through creative destruction
House Price Volatility and the Housing Ladder by James Banks( Book )

6 editions published between 2010 and 2015 in English and held by 4 WorldCat member libraries worldwide

This paper investigates the effects of spatial housing price risk on housing choices over the first half of the life-cycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, most people want to eventually own their home thereby creating an insurance demand early in life. Our contribution focuses on the importance of home ownership as a hedge against future house price risk for individuals that plan to move up the housing ladder. We use a simple theoretical model to show that people living in places with higher housing price risk should own their first home at a younger age, live in larger homes, and be less likely to refinance. These predictions are shown to hold using panel data from the United States and United Kingdom
Employment, hours of work and the optimal taxation of low income families by Richard Blundell( )

5 editions published in 2011 in English and German and held by 3 WorldCat member libraries worldwide

The optimal design of low income support is examined using a structural labour supply model. The approach incorporates unobserved heterogeneity, fixed costs of work, childcare costs and the detailed non-convexities of the tax and transfer system. The analysis considers purely Pareto improving reforms and also optimal design under social welfare functions with different degrees of inequality aversion. We explore the gains from tagging and also examine the case for the use of hours-contingent payments. Using the tax schedule for lone parents in the UK as our policy environment, the results point to a reformed non-linear tax schedule with tax credits only optimal for low earners. The results also suggest a welfare improving role for tagging according to child age and for hours-contingent payments, although the case for the latter is mitigated when hours cannot be monitored or recorded accurately by the tax authorities
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The measurement of household welfare
Alternative Names
Blundell, R. W. 1952-

Blundell, Richard 1952-

Blundell, Richard W.

Blundell, Richard William 1952-

Richard Blundell Brits econoom

Richard Blundell économiste et économètre britannique

Richard W. Blundell britischer Ökonom

Бландел, Ричард

Ричард Бланделл английский экономист

English (221)

German (1)

Advances in economics and econometrics : theory and applications, ninth World CongressSeeking a premier economy : the economic effects of British economic reforms, 1980-2000