Professor Sir Richard Blundell: all content

Showing 101 – 120 of 416 results

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The changing characteristics of UK disability benefit recipients

Comment

This observation summarises the findings of new IFS research on recent trends in those receiving out of work disability benefits published in the Journal of Economic Perspectives. Over time, an increasing proportion of these recipients is: younger rather than older, female rather than male, and claiming benefits due to a mental or behavioural health problem rather than a physical one. Issues raised by these trends for both disability and employment policy are also discussed.

21 May 2015

Working paper graphic

Disability benefit receipt and reform: reconciling trends in the United Kingdom

Working Paper

The UK has enacted a number of reforms to the structure of disability benefits, including the introduction of Incapacity Benefit in 1995 and the replacement of Incapacity Benefit with Employment and Support Allowance from 2008. The authors bring together administrative and survey data over the period and highlight key differences in receipt of disability benefits by age, sex and health.

6 March 2015

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Labour supply and taxation with restricted choices

Working Paper

A model of labour supply is developed in which individuals face restrictions on hours choices. Observed hours reflect both the distribution of preferences and the distribution of offers.

22 January 2015

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Control functions in nonseparable simultaneous equations models

Resource

The control function approach (Heckman and Robb (1985)) in a system of linear simultaneous equations provides a convenient procedure to estimate one of the functions in the system using reduced form residuals from the other functions as additional regressors. The conditions on the structural system under which this procedure can be used in nonlinear and nonparametric simultaneous equations has thus far been unknown. In this paper, we define a new property of functions called control function separability and show it provides a complete characterization of the structural systems of simultaneous equations in which the control function procedure is valid.

5 July 2014

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How responsive is the labor market to tax policy?

Report

The key to extending employment and earnings is to focus policy on improving the flows into work for people leaving school and for mothers with young children, and on expanding work among people in their 50s and 60s.

26 May 2014

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Income dynamics and life-cycle inequality: mechanisms and controversies

Journal article

This study focuses on the transmission of inequality over the working life. A model of constrained intertemporal choice is used to provide structure to the distributional dynamics of wages, earnings, income and consumption. The mechanisms used to insure labour market shocks are examined in a partial-insurance setting where the manner and scope for insurance depends on the access to credit, the information available to consumers and the durability of income shocks. Drawing on recent research, family labour supply, the credit market and the tax system are all shown to play a key role. These mechanisms vary in importance across different points of the life cycle and the business cycle.

5 May 2014

Working paper graphic

Labour supply and taxation with restricted choices

Working Paper

A model of labour supply is developed in which individuals face restrictions on hours choices. Observed hours reflect both the distribution of preferences and the distribution of offers.

14 March 2014