Richard Blundell - IZA Prize in Labor Economics: Labor Supply and Taxation in EPUB, TXT
9780198749806 0198749805 The question of how individuals adapt their behavior in response to policy changes is one of the most investigated topics in empirical labor and public economics. Do people reduce their working hours if governments decide to raise taxes? Might they even withdraw completely from the labor market? Labor supply estimations are extensively used for various policy analyses and economic research. Labor supply elasticities are key information when evaluating tax-benefitpolicy reforms and their effect on tax revenue, employment and redistribution. Richard Blundell has been at the forefront of this research for the last 30 years and this volume presents his keyresearch ideas., This volume presents Richard Blundell's outstanding research on the modern economic analysis of labor markets and public-policy reforms. The author was awarded the prestigious IZA Prize in Labor Economics in 2012 for his path-breaking contributions to the field. His hugely influential work has greatly enhanced our understanding of how individuals' behavior on the labor market responds to taxation and social policy influence. Richard Blundell was involved in developing a new theoretical framework for our understanding of labor supply reactions to policy changes and complemented the theoretical analysis by developing the necessary instruments for careful empirical analysis. He made fundamental contributions to studying labor supply and consumption smoothing over the life-cycle in an integrated framework. In addition to his academic contributions, the author has been at the forefront in pushing for more evidence-based research and policy consulting. He has taken a leading role in demonstrating the importance of giving researchers enhanced opportunities to access micro data for their research. Throughout his career, Blundell has been, and still is, intensely engaged in the policy debate by applying his empirical methods to real-world policy questions. Book jacket.
9780198749806 0198749805 The question of how individuals adapt their behavior in response to policy changes is one of the most investigated topics in empirical labor and public economics. Do people reduce their working hours if governments decide to raise taxes? Might they even withdraw completely from the labor market? Labor supply estimations are extensively used for various policy analyses and economic research. Labor supply elasticities are key information when evaluating tax-benefitpolicy reforms and their effect on tax revenue, employment and redistribution. Richard Blundell has been at the forefront of this research for the last 30 years and this volume presents his keyresearch ideas., This volume presents Richard Blundell's outstanding research on the modern economic analysis of labor markets and public-policy reforms. The author was awarded the prestigious IZA Prize in Labor Economics in 2012 for his path-breaking contributions to the field. His hugely influential work has greatly enhanced our understanding of how individuals' behavior on the labor market responds to taxation and social policy influence. Richard Blundell was involved in developing a new theoretical framework for our understanding of labor supply reactions to policy changes and complemented the theoretical analysis by developing the necessary instruments for careful empirical analysis. He made fundamental contributions to studying labor supply and consumption smoothing over the life-cycle in an integrated framework. In addition to his academic contributions, the author has been at the forefront in pushing for more evidence-based research and policy consulting. He has taken a leading role in demonstrating the importance of giving researchers enhanced opportunities to access micro data for their research. Throughout his career, Blundell has been, and still is, intensely engaged in the policy debate by applying his empirical methods to real-world policy questions. Book jacket.