Professor Sir Richard Blundell: all content

Showing 121 – 140 of 416 results

Working paper graphic

Consumption inequality and family labor supply

Working Paper

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.

1 March 2014

Working paper graphic

Labor income dynamics and the insurance from taxes, transfers and the family

Working Paper

What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profi les? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this paper, we use rich Norwegian data to answer these important questions.

17 January 2014

Book graphic

Empirical evidence and tax design

Book Chapter
Chapter 14 from the book, 'Advances in Economics and Econometrics: Tenth World Congress, Volume III: Econometrics', edited by Daron Acemoglu, Manuel Arellano and Eddie Dekel and published by Cambridge University Press in May 2013.

27 May 2013

Publication graphic

Extensive and Intensive Margins of Labour Supply: Work and Working Hours in the US, the UK and France

Resource

This paper provides a new analysis of the main stylised facts underlying the evolution of labour supply at the extensive and intensive margins in three countries: the United States, the United Kingdom and France. We propose a definition of the extensive and intensive margins corresponding respectively to the employment rate and to hours when employed. This definition is robust to the choice of the reference period and we develop a new statistical decomposition that provides bounds on changes at these margins. We focus on longer-run labour supply changes over the period 1977 to 2007 and abstract from the shorter-run impact of recessions. Examining secular changes over this period, we show that both margins matter in explaining changes in total hours. We then provide a detailed analysis across countries and across time by demographic type. Given the large systematic differences we uncover in the importance of these margins by age and gender, it is unlikely that a single explanation will suffice to account for the macroeconomic evolutions in the three countries.

5 March 2013