WorldCat Identities

Blundell, Richard

Works: 333 works in 886 publications in 1 language and 5,294 library holdings
Genres: Conference papers and proceedings  Case studies 
Roles: Author, Editor, Creator, Other, Redactor
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 )

19 editions published between 1994 and 2010 in English and held by 384 WorldCat member libraries worldwide

"The measurement of household welfare is one of the most compelling yet demanding areas in economics. To place the analysis of inequality and poverty within an economic framework where individuals are making decisions about current and lifetime incomes and expenditures is a difficult task. This is made all the more challenging by the complexity of the decision making process in which households are involved, and the variety of constraints that they face." "Issues which are important and topical are addressed in this volume by contributions from experts from Europe, North America, and Australia. A unifying theme is the strong relationship between the theoretical concepts from microeconomics and the appropriate use of micro data in evaluating household welfare." "This book will be of interest to advanced students and active researchers in microeconomics, public economics, applied microeconometrics, and social policy."--BOOK JACKET
Advances in economics and econometrics : theory and applications, ninth World Congress by Econometric Society( Book )

64 editions published between 2005 and 2007 in English and held by 364 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 353 WorldCat member libraries worldwide

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

16 editions published in 2004 in English and held by 284 WorldCat member libraries worldwide

"In the 1980s and 1990s, successive United Kingdom governments enacted a series of reforms to establish a more market-oriented economy, closer to the American model and further away from its Western European competitors." "Seeking a Premier Economy focuses on the labor and product market reforms that have directly impacted productivity, employment, and income inequality. The comparative microeconomic approach of this book yields the most credible evaluation possible, focusing on closely associated outcomes of particular reforms for individuals, firms, and sectors."--BOOK JACKET
Economics without borders : economic research for European policy challenges by László Mátyás( Book )

10 editions published between 2012 and 2017 in English and held by 93 WorldCat member libraries worldwide

If treated as a single economy, the European Union is the largest in the world, with an estimated GDP of over 14 trillion euros. Despite its size, European economic policy has often lagged behind the rest of the world in its ability to generate growth and innovation. Much of the European economic research itself often trails behind that of the USA, which sets much of the agenda in mainstream economics. This book, also available as open access, bridges the gap between economic research and policymaking by presenting overviews of twelve key areas for future economic policy and research. Written for the economists and policymakers working within European institutions, it uses comprehensive surveys by Europe's leading scholars in economics and European policy to demonstrate how economic research can contribute to good policy decisions, and vice versa, demonstrating how economics research can be motivated and made relevant by hot policy questions. --
Pensions and retirement in the UK by Richard Blundell( Book )

11 editions published in 1997 in English and held by 83 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 )

13 editions published between 2015 and 2016 in English and held by 76 WorldCat member libraries worldwide

This volume presents Richard Blundell's outstanding research on the modern economic analysis of labor markets and public policy reforms. Professor Blundell's hugely influential work has enhanced greatly our understanding of how individuals' behavior on the labor market respond to taxation and social policy influence. Edited by IZA, this volume brings together the author's key papers, some co-authored and some unpublished, with new introductions and an epilogue. It covers some of the main research insights in the study of labor supply. The question of how individuals adapt their behavior in response to policy changes is one of the most investigated topics in empirical labor and public economics. Do people reduce their working hours if governments decide to raise taxes? Might they even withdraw completely from the labor market? Labor supply estimations are extensively used for various policy analyses and economic research. Labor supply elasticities are key information when evaluating tax-benefit policy reforms and their effect on tax revenue, employment, and redistribution.0The chapters cover empirical and theoretical developments as well as applications to tax and welfare reform, and each represents a substantive research contribution from Blundell's publications in top research outlets
Has "in-work" benefit reform helped the labour market? by Richard Blundell( Book )

14 editions published in 2001 in English and held by 66 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 )

6 editions published in 1996 in English and held by 57 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 53 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 )

4 editions published in 1997 in English and held by 51 WorldCat member libraries worldwide

This study examines the impact of higher education on individuals’ employment prospects and wages in the medium to longer term
The impact of taxation on labour force participation and labour supply by Richard Blundell( Book )

3 editions published in 1995 in English and held by 25 WorldCat member libraries worldwide

Married women, lone parents, employment
Collective labour supply : heterogeneity and non-participation by Richard Blundell( Book )

13 editions published between 1998 and 2005 in English and held by 24 WorldCat member libraries worldwide

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

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

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

15 editions published between 2012 and 2014 in English and held by 20 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 male's and female's permanent shocks to wages. Once family labor supply, assets and taxes are properly accounted for, there is little evidence of additional insurance. -- consumption ; labor supply ; earnings ; inequality
Innovation and top income inequality by Philippe Aghion( Book )

9 editions published in 2015 in English and held by 9 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 8 WorldCat member libraries worldwide

This paper investigates the effects of housing price risk on housing choices over the life-cycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets early in life. Our contribution is to focus on the importance of home ownership and housing wealth as a hedge against future house price risk for individuals moving up the ladder - people living in places with higher housing price risk should own their first home at a younger age, should live in larger homes, and should be less likely to refinance. These predictions are tested and shown to hold using panel data from the United States and Great Britain
Female labour supply, human capital and welfare reform by Richard Blundell( Book )

5 editions published in 2013 in English and held by 7 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
Life-cycle consumption patterns at older ages in the US and the UK can medical expenditures explain the difference? by James Banks( Book )

10 editions published between 2015 and 2016 in English and held by 6 WorldCat member libraries worldwide

In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status, number of household members, and out-of -pocket medical expenditures. Among all the potential explanations considered, we find that those to do with healthcare-differences in levels and age paths in medical expenses-can fully account for the steeper declines in nondurable consumption in the UK compared to the US
Children, time allocation and consumption insurance by Richard Blundell( )

4 editions published between 2015 and 2017 in English and held by 1 WorldCat member library worldwide

We consider the life-cycle problem of a household that in each period decides how much to consume and how to allocate spouses' time to work, leisure, and childcare. In an environment with uncertainty, the allocation of goods and time over the life cycle plays the further role of providing insurance against shocks. We use longitudinal data on consumption, and husband and wife separate information on hourly wages, hours of work, and time spent with children to estimate structural parameters measuring the sensitivity of consumption and time allocation choices to transitory and permanent wage shocks. These structural parameters provide a full picture regarding the ability of household to smooth marginal utility in response to shocks. In addition, information on hours of work and hours spent on childcare allows to decompose overall Frisch response into two components, one reflecting the degree of complementarity between husband's and wife's leisure ("companionship" or "love") and another reflecting the degree of substitutability of their childcare time in the production of childcare services
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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 economista británico

Richard Blundell économiste et économètre britannique

Richard W. Blundell britischer Ökonom

Бландел, Ричард

Ричард Бланделл английский экономист

English (263)

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