Centre Fellows

Richard Blundell

Institute for Fiscal Studies and University College London

Richard is Director of the ESRC Centre for the Microeconomic Analysis of Public Policy (CPP) at IFS. He holds the David Ricardo Chair of Political Economy at University College London. A graduate of the University of Bristol and London School of Economics. From 1986 until 2016 he was Research Director of the Institute for Fiscal Studies (IFS). He has held visiting professor positions at UBC, MIT and Berkeley. He holds Honorary Doctorates from the University of St.Gallen, Switzerland; the Norwegian School of Economics, NHH, Bergen, Norway; the University of Mannheim, Mannheim; the University of Bristol; and the and the University of Venice Ca’Foscari. He was awarded a CBE in the Queen’s New Year’s Honours List 2006 and a Knighthood in 2014 for services to Economics and Social Science.
In 1995 he was awarded the Yrjö Jahnsson Prize for his work in microeconometrics and the analysis of labour supply, welfare reform and consumer behaviour. In 2000 he was awarded the Econometric Society Frisch Prize Medal for his paper ‘Estimating Labour Supply Responses using Tax Reforms’. In 2008 he was the recipient of the Jean-Jacques Laffont Prize given to a high level economist whose research combines both the theoretical and applied aspects of economics.  He was awarded the CES-Ifo Prize in 2010 and the Sandmo Prize in 2011. He was recipient of the IZA Prize in Labor Economics in 2012. He was awarded the 2015 BBVA Foundation Frontiers of Knowledge Prize in Economics. In 2017, he received the Nemmers Prize in Economics.
In 2004 he was President of the European Economics Association. He was President of the Econometric Society in 2006. He was President of the Society of Labor Economics in 2010. He was President of the Royal Economic Society 2011-2013. He is a Fellow of the Econometric Society, Fellow of the British Academy, Honorary Member of the American Economic Association and Honorary Member American Academy of Arts and Science.
His research covers the empirical microeconomic study of consumer, savings and labour supply behaviour. He has studied the relationship between taxation, family labour supply and consumer behavior. He has developed new microeconometric tools for the study of dynamic panel data models and the nonparametric analysis of individual decisions. His published papers have appeared in Econometrica, Review of Economic Studies, American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Journal of the Royal Statistical Society, Journal of Econometrics, and other top journals. He has been on the editorial board of many academic journals and was editor of the Journal of Econometrics from 1992 to 1997, and co-editor of Econometrica 1997-2001. He is currently an Editorial Board member of Annual Reviews and a founder editor of Microeconomic Insights. He has worked on a number of high profile policy reports most especially on personal tax reform, pension reform and the analysis of inequality.  He was an editor and author of the Mirrlees Review of Tax Reform which reported its findings in 2011. His collected work on Taxation and Labour Supply is published by Oxford University Press in March 2016.

Selected Publications

Bounding quantile demand functions using revealed preference inequalities

This paper develops a new approach to the estimation of consumer demand models with unobserved heterogeneity […]

Richard Blundell, Dennis Kristensen, Rosa Matzkin
1 April 2014 | Journal Article

Previous version

Bounding quantile demand functions using revealed preference inequalities
Richard Blundell, Dennis Kristensen, Rosa Matzkin
1 June 2011 | CWP21/11
Control functions in nonseparable simultaneous equations models

The control function approach (Heckman and Robb (1985)) in a system of linear simultaneous equations provides […]

Richard Blundell, Rosa Matzkin
1 October 2013 | Journal Article
Best nonparametric bounds on demand responses

This paper uses revealed preference inequalities to provide tight nonparametric bounds on consumer responses to price […]

Richard Blundell, Martin Browning, Ian Crawford
1 November 2008 | Journal Article
Heterogeneity and the nonparametric analysis of consumer choice: conditions for invertibility

This paper considers structural nonparametric random utility models for continuous choice variables. It provides suffcient conditions […]

Walter Beckert, Richard Blundell
1 October 2008 | Journal Article
Semi-nonparametric IV estimation of shape-invariant Engel curves

This paper studies a shape-invariant Engel curve system with endogenous total expenditure, in which the shape-invariant […]

Richard Blundell, Xiaohong Chen, Dennis Kristensen
19 October 2007 | Journal Article

Previous version

Nonparametric IV estimation of shape-invariant Engel curves
Richard Blundell, Xiaohong Chen, Dennis Kristensen
1 October 2003 | CWP15/03
A nonparametric test of exogeneity

This paper is concerned with inference about a function g that is identified by a conditional […]

Richard Blundell, Joel L. Horowitz
1 October 2007 | Journal Article
Private pension arrangements and retirement in Britain

This paper looks at the policy debate surrounding private pensions and retirement patterns in the UK. […]

James Banks, Richard Blundell
30 March 2005 | Journal Article
Endogeneity in semiparametric binary response models

This paper develops and implements semiparametric methods for estimating binary response (binary choice) models withcontinuous endogenous […]

Richard Blundell, James L. Powell
1 July 2004 | Journal Article
Endogeneity in nonparametric and semiparametric regression models

This paper considers the nonparametric and semiparametric methods for estimating regression models with continuous endogenous regressors. […]

Richard Blundell, James L. Powell
1 April 2003 | Journal Article

Previous version

Endogeneity in nonparametric and semiparametric regression models
Richard Blundell, James L. Powell
1 November 2001 | CWP09/01