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Professor Richard Blundell receives award from the Society of Labor Economics

29 June 2020

Richard Blundell is the 2020 recipient of the Jacob Mincer Award for lifetime contributions to the field of labour economics

Richard Blundell
The Society of Labor Economics said, "from his earliest听published papers Richard Blundell鈥檚 work has been focused on using economic theory and听econometric methods to model and understand individual choices, and help inform听policy听making on issues such as taxation, pensions, training programs, and听innovation policy.听听His work听has provided an integrated treatment of consumption听and听employment decisions to estimate labor supply elasticities, to analyze the听effects of tax reforms, and to help explain the divergence between income and听consumption inequality.听听

Richard has also听made many fundamental contributions to econometric methodology, including the听development of new methods to address endogeneity in censored and limited听dependent variable settings, and for estimating dynamic panel data models.听In a series of innovative papers spanning over 40 years, Richard has听investigated the joint behavior of consumption and labor supply, and emphasized听to the profession the insights that can only听be gained by examining the two听together. 听

Throughout his career Richard has also focused on the important听role that careful economic modeling, combined with cutting edge econometric听methods, can play in the analysis of labor market听policies such as training and听welfare to work programs.听

In light of Richard鈥檚 long series of important contributions to听the theory and practice of applied economics, his generous support and听mentoring of young economists, his key roles in the听profession and on numerous听advisory boards and commissions, he is an outstanding and truly听worthy recipient of the Jacob Mincer Award."

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