Richard Blundell

Last updated

Sir

Richard Blundell

Richard Blundell Photo.jpg
Born (1952-05-01) 1 May 1952 (age 71)
Shoreham-by-Sea, England, United Kingdom
Nationality British
Academic career
Institution University College London
University of British Columbia
Massachusetts Institute of Technology
University of California, Berkeley
Northwestern University
Field Econometrics
Microeconomics
Labour economics
Alma mater London School of Economics
Doctoral
students
Costas Meghir
John Van Reenen
Nicholas Bloom [1]
Awards Knighthood (2014)
BBVA Foundation Frontiers of Knowledge Award (2014)
Nemmers Prize (2016)
Information at IDEAS / RePEc

Sir Richard William Blundell CBE FBA (born 1 May 1952 in Shoreham-by-Sea) is a British economist and econometrician.

Contents

Blundell is the David Ricardo Professor of Political Economy at the Department of Economics of University College London and the Co-Director of the ESRC Centre for the Microeconomic Analysis of Public Policy at the Institute for Fiscal Studies. [2] He is also Associate Faculty Member, TSE, Toulouse. He was the Research Director at the Institute for Fiscal Studies between 1986 and 2016. He is a Fellow of the Econometric Society (1991), Fellow of the British Academy (1996), Honorary Member of the American Economic Association (2001), Honorary Member American Academy of Arts and Sciences (2002), Honorary Fellow of the Institute of Actuaries (2003), Fellow of the Society of Labor Economists (2005), and Foreign Associate of the National Academy of Sciences (2019).

Blundell has received honorary doctorates from the University of St. Gallen, Switzerland in 2003; the University of Mannheim in 2011; the Norwegian School of Economics NHH, Bergen in 2011; the Università della Svizzera italiana, Switzerland in 2016; the University of Bristol in 2017; the University of Venice Ca Foscari in 2018; and the Athens School of Economics, AUEB, Athens in 2022. [3] He was knighted in the 2014 New Year Honours for services to economics and social science. [4]

Career

Blundell received his B.Sc. in economics with statistics from University of Bristol in 1973 before he graduated with a master's degree in econometrics and mathematical economics from the London School of Economics in 1975. [3]

He held a position as lecturer in econometrics at the University of Manchester from 1975 to 1984. He was appointed Professor of Economics at University College London in 1984 and research director of the IFS in 1986, before establishing the ESRC Centre for the Microeconomic Analysis of Fiscal Policy at IFS in 1991. He was visiting professor of economics at UBC in 1980, at MIT in 1993, at Berkeley in 2000 and at Northwestern University in 2017. [3]

He was co-editor of Econometrica from 1997 to 2001 and co-editor of the Journal of Econometrics from 1992 to 1997. He currently edits Microeconomic Insights.

In 2004 Blundell became president of the European Economic Association, in 2006, president of the Econometric Society in 2010, president of The Society of Labor Economics and served as president of the Royal Economic Society (2010–2012).

Awards

In 1995, Blundell received the Yrjö Jahnsson Award, given by the European Economic Association every two years to the best young economist in Europe, for his work in microeconometrics and the analysis of labour supply, welfare reform and consumer behaviour. In 2000 he was awarded the Econometric Society's Frisch Medal, awarded every two years for empirical or theoretical applied research published in Econometrica during the previous five years. In 2008 he was recipient of the Jean-Jacques Laffont Prize 2008 given by the Toulouse School of Economics to an international high level economist whose research combines both the theoretical and applied aspects of economics. He was the 2010 Distinguished Center for Economic Studies Fellow, an annual prize given by the CES of the Ludwig Maximilian University of Munich to an outstanding economist who has greatly contributed to the understanding of economic policy problems. In 2012 he was recipient of the IZA Prize in Labor Economics awarded by IZA for outstanding academic achievements in the field of labor economics.

In 2014, Blundell received, with David Card, the BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Management for "their contributions to empirical microeconomics," in the words of the jury's citation. "Motivated by important empirical questions, they developed and estimated appropriate econometric models, making significant methodological contributions in the process. Both are known for their attention to institutional detail, careful and innovative research design, rigorous application of econometric tools, and dispassionate reporting of results." In 2016 Blundell received the Nemmers Prize in Economics at Northwestern University for "his important contributions to labor economics, public finance and applied econometrics".

He was elected a foreign associate of the US National Academy of Sciences in April 2019. [5] In 2020 he was awarded the Jacob Mincer Prize for lifetime contributions to the field of Labor Economics. [6]

Publications

He has published six books and many articles on econometrics, microeconomics, consumer behaviour, public economics and labour economics. Among his six books, Labor Supply and Taxation is Blundell's most distinguished book, in which he presents research on the behavior of individuals on the labor market respond to social policy influence and taxation, [7] and on the modern labor markets and public policy reforms. [8]

Personal life

His brother is the biochemist Tom Blundell. Blundell is a jazz and folk fan, and plays guitar and saxophone, playing in a band when a student at the University of Bristol.

Related Research Articles

<span class="mw-page-title-main">James Heckman</span> American economist (born 1944)

James Joseph Heckman is an American economist and Nobel laureate who serves as the Henry Schultz Distinguished Service Professor in Economics at the University of Chicago, where he is also a professor at the College, a professor at the Harris School of Public Policy, Director of the Center for the Economics of Human Development (CEHD), and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. He is also a professor of law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the NBER. He received the John Bates Clark Medal in 1983, and the Nobel Memorial Prize in Economic Sciences in 2000, which he shared with Daniel McFadden. He is known principally for his pioneering work in econometrics and microeconomics.

<span class="mw-page-title-main">Institute for Fiscal Studies</span> UK economic research institute

The Institute for Fiscal Studies (IFS) is an independent economic research institute based in London, United Kingdom, which specialises in UK taxation and public policy. It produces both academic and policy-related findings.

<span class="mw-page-title-main">William Baumol</span> American economist (1922–2017)

William Jack Baumol was an American economist. He was a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Princeton University. He was a prolific author of more than eighty books and several hundred journal articles. He is the namesake of the Baumol effect.

<span class="mw-page-title-main">Jacob Mincer</span> American economist

Jacob Mincer, was a father of modern labor economics. He was Joseph L. Buttenwieser Professor of Economics and Social Relations at Columbia University for most of his active life.

<span class="mw-page-title-main">Orley Ashenfelter</span> American economist

Orley Clark Ashenfelter is an American economist and the Joseph Douglas Green 1895 Professor of Economics at Princeton University. His areas of specialization include labor economics, econometrics, and law and economics. He was influential in contributing to the applied turn in economics.

Orazio Attanasio is an Italian economist and the Cowles Professor of Economics at Yale University. He was the Jeremy Bentham Chair of Economics at University College London. He graduated from the University of Bologna in 1982 and London School of Economics in 1988. He then went to teach at Stanford and was a National Fellow at Stanford's Hoover Institution and a visiting professor at the University of Chicago before arriving at University College London. Currently he is also a research director at the Institute for Fiscal Studies (IFS) in London, co-director of the Centre for the Evaluation of Development Policies at the Institute for Fiscal Studies, and a director of the ESRC Centre for the Microeconomic Analysis of Public Policy.

Konstantinos "Costas" Meghir is a Greek-British economist. He studied at the University of Manchester where he graduated with a Ph.D. in 1985, following an MA in economics in 1980 and a BA in Economics and Econometrics in 1979. In 1997 he was awarded the Bodosakis foundation prize and in 2000 he was awarded the “Ragnar Frisch Medal” for his article “Estimating Labour Supply Responses using Tax Reforms”.

Daniel Selim Hamermesh is a U.S. economist, and Sue Killam Professor in the Foundations of Economics Emeritus at the University of Texas at Austin, Research Associate at the National Bureau of Economic Research, and Research Fellow at the Institute for the Study of Labor (IZA). Previously professor of economics at Royal Holloway, University of London and Michigan State University. He was formerly a Distinguished Scholar at Barnard College.

<span class="mw-page-title-main">Armin Falk</span> German economist (born 1968)

Armin Falk is a German economist. He has held a chair at the University of Bonn since 2003.

<span class="mw-page-title-main">Francine D. Blau</span> American economist

Francine Dee Blau is an American economist and professor of economics as well as Industrial and Labor Relations at Cornell University. In 2010, Blau was the first woman to receive the IZA Prize in Labor Economics for her "seminal contributions to the economic analysis of labor market inequality." She was awarded the 2017 Jacob Mincer Award by the Society of Labor Economists in recognition of lifetime of contributions to the field of labor economics.

<span class="mw-page-title-main">Michael Keane (economist)</span> American/Australian economist (born 1961)

Michael Patrick Keane is an American-born economist; he is the Wm. Polk Carey Distinguished Professor at Johns Hopkins University. Keane was previously a professor at the University of New South Wales and the Nuffield Professor of Economics at the University of Oxford. He is considered one of the world's leading experts in the fields of Choice Modelling, structural modelling, simulation estimation, and panel data econometrics.

<span class="mw-page-title-main">Alan S. Duncan</span> British economist and econometrician

Alan Stewart Duncan is a British economist and econometrician.

<span class="mw-page-title-main">Guido Imbens</span> Dutch-American econometrician

Guido Wilhelmus Imbens is a Dutch-American economist whose research concerns econometrics and statistics. He holds the Applied Econometrics Professorship in Economics at the Stanford Graduate School of Business at Stanford University, where he has taught since 2012.

<span class="mw-page-title-main">Rachel Griffith</span> British economist (born 1963)

Dame Rachel Susan Griffith is a British-American academic and educator. She is professor of economics at the University of Manchester and a research director at the Institute for Fiscal Studies.

Yuriy Gorodnichenko is an economist and Quantedge Presidential professor at the University of California, Berkeley.

Imran Rasul is a British economist and academic. He is Professor of Economics at the University College London, managing editor of the Journal of the European Economic Association, and co-director of the Centre for the Microeconomic Analysis of Public Policy at the Institute for Fiscal Studies. His research interests include labour, development and public economics and he is considered to be one of the leaders within social norms and capital economics.

<span class="mw-page-title-main">UCL Department of Economics</span> Department of University College London

The UCL Department of Economics is one of nine Departments and Institutes within the Faculty of Social and Historical Sciences at University College London. It is the oldest department of economics in England and is research-intensive, currently headed by Professor Antonio Guarino.

Greg Kaplan is professor of economics at the University of Chicago. His research encompasses macroeconomics, labor economics and applied microeconomics, with a focus on distributional issues.

Eric Baird French is the Montague Burton Professor of Industrial Relations and Labour Economics at the University of Cambridge. He is also a Co-Director at the ESRC Centre for the Microeconomic Analysis of Public Policy, a Fellow at the Institute for Fiscal Studies and a Fellow at the Centre for Economic Policy Research. His research interests include: econometrics, labour and health economics.

Uta Schönberg is a German economist specializing in labor economics and microeconomics, including wage structures in Germany and elsewhere, and the effects of immigration, education, and family policy on labor. She is chair of economics at the University of Hong Kong, on leave as professor of economics at University College London, and a research fellow of the IZA Institute of Labor Economics and the Institut für Arbeitsmarkt- und Berufsforschung.

References

  1. Bloom's CV Retrieved 2016-10-02.
  2. "Orazio Attanasio and Rachel Griffith appointed as IFS Research Directors -".
  3. 1 2 3 "Blundell's CV" (PDF). Retrieved 23 March 2020.
  4. "No. 60728". The London Gazette (Supplement). 31 December 2013. p. 1.
  5. "2019 NAS Election". National Academy of Sciences. 30 April 2019.
  6. "Jacob Mincer Award". Journal of Labor Economics. 38 (3): vi–viii. 1 July 2020. doi: 10.1086/709476 . ISSN   0734-306X.
  7. Blundell, Richard (2014). "How responsive is the labor market to tax policy?". IZA World of Labor. doi: 10.15185/izawol.2 . hdl: 10419/125227 . Retrieved 23 April 2021.
  8. Blundell, Richard (17 March 2016). Peichl, Andreas; Zimmermann, Klaus F (eds.). Labor Supply and Taxation. Oxford University Press. doi:10.1093/acprof:oso/9780198749806.001.0001. ISBN   9780191814082.