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Richard Blundell

University College London, and Institute for Fiscal Studies, UK, and IZA, Germany

IZA World of Labor role

Author

Current position

Professor of Economics, University College London and Research Director, Institute of Fiscal Studies, UK

Research interest

Microeconometrics, labor economics, consumer behavior, public economics

Website

http://bit.ly/Blundell_IZApage

Selected publications

  • “Estimating labor supply responses using tax reforms.” Econometrica 66:4 (1998): 827–861 (with A. Duncan, and C. Meghir).

  • “Labor supply: A review of alternative approaches.” In: Ashenfelter, O., and D. Card (eds). Handbook of Labor Economics. Volume 3. Amsterdam: North Holland, 1999; pp. 1559–1695 (with T. MaCurdy).

  • “A life-cycle consistent empirical model of family labour supply using cross-section data.” Review of Economic Studies LIII (1986): 539–558 (with I. Walker).

  • “Consumption inequality and partial insurance.” American Economic Review 98:5 (2008): 1887–1921 (with L. Pistaferri and I. Preston).

  • “Labor supply and the extensive margin.” American Economic Review 101:3 (2011): 482–486 (with A. Bozio, and G. Laroque).

article(s)

  • How responsive is the labor market to tax policy?

    When applied to the most responsive segments of the labor market, tax policy can increase lifetime earnings and employment

    Richard Blundell, May 2014
    With aging populations and increased demands on government revenue, countries need to boost employment and earnings. Tax policy should focus on labor market entry and retirement. Those are the points where labor supply is most responsive to tax incentives, which can enhance the flow into work of people leaving school and women with young children and can prolong employment among older workers. Human capital policy has a complementary role in improving the payoff to work and ensuring that earnings hold up longer over a lifetime.
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