RICHARD BLUNDELL CBE FBA Curriculum Vitae (March 2018)
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The Econometric Society European Region Aide Mémoire
The Econometric Society European Region Aide M´emoire March 22, 2021 1 European Standing Committee 2 1.1 Responsibilities . .2 1.2 Membership . .2 1.3 Procedures . .4 2 Econometric Society European Meeting (ESEM) 5 2.1 Timing and Format . .5 2.2 Invited Sessions . .6 2.3 Contributed Sessions . .7 2.4 Other Events . .8 3 European Winter Meeting (EWMES) 9 3.1 Scope of the Meeting . .9 3.2 Timing and Format . 10 3.3 Selection Process . 10 4 Appendices 11 4.1 Appendix A: Members of the Standing Committee . 11 4.2 Appendix B: Winter Meetings (since 2014) and Regional Consultants (2009-2013) . 27 4.3 Appendix C: ESEM Locations . 37 4.4 Appendix D: Programme Chairs ESEM & EEA . 38 4.5 Appendix E: Invited Speakers ESEM . 39 4.6 Appendix F: Winners of the ESEM Awards . 43 4.7 Appendix G: Countries in the Region Europe and Other Areas ........... 44 This Aide M´emoire contains a detailed description of the organisation and procedures of the Econometric Society within the European Region. It complements the Rules and Procedures of the Econometric Society. It is maintained and regularly updated by the Secretary of the European Standing Committee in accordance with the policies and decisions of the Committee. The Econometric Society { European Region { Aide Memoire´ 1 European Standing Committee 1.1 Responsibilities 1. The European Standing Committee is responsible for the organisation of the activities of the Econometric Society within the Region Europe and Other Areas.1 It should undertake the consideration of any activities in the Region that promote interaction among those interested in the objectives of the Society, as they are stated in its Constitution. -
Income Inequality and the Labour Market in Britain and the US
Journal of Public Economics 162 (2018) 48–62 Contents lists available at ScienceDirect Journal of Public Economics journal homepage: www.elsevier.com/locate/jpube Income inequality and the labour market in Britain and the US Richard Blundell a,⁎, Robert Joyce b, Agnes Norris Keiller a, James P. Ziliak c a University College London, Institute for Fiscal Studies, United Kingdom b Institute for Fiscal Studies, United Kingdom c University of Kentucky, Institute for Fiscal Studies, United States article info abstract Article history: We study household income inequality in both Great Britain and the United States and the interplay between la- Received 31 October 2017 bour market earnings and the tax system. While both Britain and the US have witnessed secular increases in 90/ Received in revised form 15 March 2018 10 male earnings inequality over the last three decades, this measure of inequality in net family income has de- Accepted 2 April 2018 clined in Britain while it has risen in the US. To better understand these comparisons, we examine the interaction Available online 23 April 2018 between labour market earnings in the family, assortative mating, the tax and welfare-benefit system and house- hold income inequality. We find that both countries have witnessed sizeable changes in employment which have Keywords: Inequality primarily occurred on the extensive margin in the US and on the intensive margin in Britain. Increases in the gen- Family income erosity of the welfare system in Britain played a key role in equalizing net income growth across the wage distri- Earnings bution, whereas the relatively weak safety net available to non-workers in the US mean this growing group has seen particularly adverse developments in their net incomes. -
Front Matter
Cambridge University Press 978-0-521-69209-0 - Advances in Economics and Econometrics: Theory and Applications, Ninth World Congress - Volume II Edited by Richard Blundell, Whitney K. Newey and Torsten Persson Frontmatter More information Advances in Economics and Econometrics This is the second of three volumes containing edited versions of papers and a commentary presented at invited symposium sessions of the Ninth World Congress of the Econometric Society, held in London in August 2005. The papers summarize and interpret key developments, and they discuss future directions for a wide variety of topics in economics and econometrics. The papers cover both theory and applications. Written by leading specialists in their fields, these volumes provide a unique survey of progress in the discipline. Richard Blundell, CBE FBA, holds the David Ricardo Chair in Political Economy at University College London and is Research Director of the Institute for Fiscal Studies, London. He is also Director of the Economic and Social Research Council’s Centre for the Microeconomic Analysis of Public Policy. Professor Blundell serves as President of the Econometric Society for 2006. Whitney K. Newey is Professor of Economics at the Massachusetts Institute of Technology. A 2000–01 Fellow at the Center for Advanced Study in the Behavioral Sciences in Palo Alto, he is associate editor of Econometrica and the Journal of Statistical Planning and Inference, and he formerly served as associate editor of Econometric Theory. Torsten Persson is Professor and Director of the Institute for International Economic Studies at Stockholm University and Centennial Professor of Economics at the London School of Economics. -
Income Inequality and the Labour Market in Britain and the US
UKCPR Discussion Paper Series University of Kentucky Center for DP 2017-07 Poverty Research ISSN: 1936-9379 Income inequality and the labour market in Britain and the US Richard Blundell University College London Institute for Fiscal Studies Robert Joyce Institute for Fiscal Studies Agnes Norris Keiller Institute for Fiscal Studies University College London James P. Ziliak University of Kentucky October 2017 Preferred citation Blundell, R., et al. (2017, Oct.). Income inequality and the labour market in Britain and the US. University of Kentucky Center for Poverty Research Discussion Paper Series, DP2017-07. Re- trieved [Date] from http://www.cpr.uky.edu/research. Author correspondence Richard Blundell, [email protected] University of Kentucky Center for Poverty Research, 550 South Limestone, 234 Gatton Building, Lexington, KY, 40506-0034 Phone: 859-257-7641. E-mail: [email protected] www.ukcpr.org EO/AA Income Inequality and the Labour Market in Britain and the US1 Richard Blundell2, Robert Joyce3, Agnes Norris Keiller4, and James P. Ziliak5 October 2017 Abstract We study household income inequality in both Great Britain and the United States and the interplay between labour market earnings and the tax system. While both Britain and the US have witnessed secular increases in 90/10 male earnings inequality over the last three decades, this measure of inequality in net family income has declined in Britain while it has risen in the US. We study the interplay between labour market earnings in the family, assortative mating, the tax and benefit system and household income inequality. We find that both countries have witnessed sizeable changes in employment which have primarily occurred on the extensive margin in the US and on the intensive margin in Britain. -
Econ792 Reading 2020.Pdf
Economics 792: Labour Economics Provisional Outline, Spring 2020 This course will cover a number of topics in labour economics. Guidance on readings will be given in the lectures. There will be a number of problem sets throughout the course (where group work is encouraged), presentations, referee reports, and a research paper/proposal. These, together with class participation, will determine your final grade. The research paper will be optional. Students not submit- ting a paper will receive a lower grade. Small group work may be permitted on the research paper with the instructors approval, although all students must make substantive contributions to any paper. Labour Supply Facts Richard Blundell, Antoine Bozio, and Guy Laroque. Labor supply and the extensive margin. American Economic Review, 101(3):482–86, May 2011. Richard Blundell, Antoine Bozio, and Guy Laroque. Extensive and Intensive Margins of Labour Supply: Work and Working Hours in the US, the UK and France. Fiscal Studies, 34(1):1–29, 2013. Static Labour Supply Sören Blomquist and Whitney Newey. Nonparametric estimation with nonlinear budget sets. Econometrica, 70(6):2455–2480, 2002. Richard Blundell and Thomas Macurdy. Labor supply: A Review of Alternative Approaches. In Orley C. Ashenfelter and David Card, editors, Handbook of Labor Economics, volume 3, Part 1 of Handbook of Labor Economics, pages 1559–1695. Elsevier, 1999. Pierre A. Cahuc and André A. Zylberberg. Labor Economics. Mit Press, 2004. John F. Cogan. Fixed Costs and Labor Supply. Econometrica, 49(4):pp. 945–963, 1981. Jerry A. Hausman. The Econometrics of Nonlinear Budget Sets. Econometrica, 53(6):pp. 1255– 1282, 1985. -
PROFESSOR SIR RICHARD BLUNDELL CBE FBA Curriculum Vitae (March 2019)
PROFESSOR SIR RICHARD BLUNDELL CBE FBA Curriculum Vitae (March 2019) Ricardo Professor of Political Economy Director Department of Economics ESRC Centre for the Micro-Economic Analysis University College London of Public Policy (CPP@IFS) Gower Street Institute for Fiscal Studies London WC1E 6BT, UK 7 Ridgmout Street e-mail: [email protected] London WC1E 7AE Tel: +44 (0)207679 5863 Tel: +44 (0)20 7291 4820 Mobile: +44 (0)7795334639 Fax: +44 (0)20 7323 4780 Website: http://www.ucl.ac.uk/~uctp39a/ Date of Birth: 1 May 1952 Education and Employment: 1970 - 1973 B.Sc. University of Bristol. (Economics with Statistics, First Class). 1973 - 1975 M.Sc. London School of Economics (Econometrics and Math Econ). 1975-1984 Lecturer in Econometrics, University of Manchester. 1984- Ricardo Chair of Political Economy, University College London, (1988-1992 Dept. Chair). 1986 - 2016 Research Director, Institute for Fiscal Studies. 1991- Director: ESRC Centre for the Micro-Economic Analysis of Public Policy, IFS. 2017- Associate Faculty Member, TSE, Toulouse 1999- IZA Research Fellow 2006- CEPR Research Fellow 1980 Visiting Professor, University of British Columbia. 1993 Visiting Professor, Massachusetts Institute of Technology. 1994 Ford Visiting Professor, University of California at Berkeley. 1999 Visiting Professor, University of California at Berkeley. Honorary Doctorates Doktors der Wirtschaftswissenschaften ehrenhalber, University of St Gallen, St Gallen, Switzerland 2003 Æresdoktorar, NHH, Norwegian School of Economics, Bergen, Norway 2011 Ehrendoktorwürde Ökonomen, University of Mannheim, Mannheim, Germany 2011 Dottorato honoris causa in Scienze economiche, Università della Svizzera italiana, Switzerland 2016 Doctor of Laws honoris causa, University of Bristol, Bristol, 2017 Doctorato Honoris Causa in Economics, University of Venice, Ca’Foscari, Italy, 2018 Presidency of Professional Organizations 2004 President, European Economics Association. -
14.461: Part I: Technological Change
14.461: Part I: Technological Change Daron Acemoglu September 13, 2011 This course will cover selected topics in theoretical and empirical analysis of technological change. The course will draw both on Acemoglu, Introduction to Modern Economic Growth, Princeton University Press, 2008, and research articles. There will be three problem sets, which will count towards 30% of your …nal grade for this part of the course. The remaining 70% will be from a one half hour …nal examination at the end of the course (time to be determined). Topics Review of Basic Models of Endogenous Technological Progress (two lectures) Main reading: Acemoglu, Daron (2008) Introduction to Modern Economic Growth, Chap- ters 13 and 14. Jones, Charles I (1995) “Timeseries Tests of Endogenous Growth Models” Quarterly Journal of Economics, 110. Other references: Aghion, Philippe and Peter Howitt (1992) “A Model of Growth Through Creative Destruction”Econometrica, 60, 323-351 Aghion, Philippe and Peter Howitt (2008) The Economics of Growth, MIT, Cambridge. Backus, David, Patrick J. Kehoe and Timothy J. Kehoe (1992) “In Search of Scale E¤ects in Trade and Growth.” Journal of Economic Theory, 58, pp. 377-409. Grossman, Gene and Elhanan Helpman (1991) “Quality Ladders in the The- ory of Growth”Review of Economic Studies, 58, 43-61. Moser, Petra (2005) “How Do Patent Laws In‡uence Innovation? Evidence from Nineteenth-Century World Fairs” American Economic Review 95, 1214- 1236. Romer, Paul (1987) “Growth Based on Increasing Returns due to Special- ization”American Economic Review Papers and Proceedings, 77, 56-62 1 Romer, Paul M. (1990) “Endogenous Technological Change,” Journal of Political Economy 98, S71-S102. -
CGHE Keynote Lorraine Dearden Final
Creating Competition and Efficiency in English Higher Education: Economic myths and realities Lorraine Dearden Department of Social Science, UCL Institute of Education and Institute for Fiscal Studies Outline • Quick tour of the Economics of Higher Education • Outline recent reforms in UK that have been driven by increasing competition • 2012 Fee reform (fee competition) • 2016 reforms allowing private providers to provide university courses and get access to government subsidised student loans • What does economics and international experience tell us about the likely outcomes of these reforms aimed at increasing competition? Why might the market alone lead to inefficient outcomes in HE provision? 1. Credit market failure 2. Externalities 3. Risk and uncertainty 4. Information problems 1. Credit market failure • HE study by students requires cash for fees and living expenses • With perfect credit markets, students borrow now and repay from future income • But credit markets are not perfect: 1. Lack of collateral to secure debt against 2. Asymmetric information: borrower has more information than lender 3. Adverse selection/moral hazard problems high interest/rates and/or credit rationing 2. Externalities • Education may create benefits to society over and above those that accrue to the individual • Total return to education = private return + social return • Individuals do not generally incorporate social return to education in weighing up costs and benefits? 3. Risk and uncertainty • Student may be reluctant to borrow • Perceived risk of failing the degree • Uncertain returns to a degree: positive on average but high variance • Might need high risk premium to make the investment worthwhile • Debt aversion • Understanding behavioural responses crucial 4. -
The US College Loans System Lessons from Australia and England
Economics of Education Review xxx (xxxx) xxx–xxx Contents lists available at ScienceDirect Economics of Education Review journal homepage: www.elsevier.com/locate/econedurev The US college loans system: Lessons from Australia and England ⁎ Nicholas Barra, Bruce Chapmanb, Lorraine Deardenc, , Susan Dynarskid a London School of Economics and Political Science, United Kingdom b Australian National University, Australia c University College London, Institute for Fiscal Studies and IZA, United Kingdom d University of Michigan and NBER, USA ARTICLE INFO ABSTRACT JEL classification: There is wide agreement that the US student loan system faces significant problems. Seven million borrowers are H28 in default and many more are not repaying for reasons such as returning to school, or economic hardship. The I22 stress of repayments faced by many students results at least in part from the design of US student loans. I28 Specifically, loans are organised like a mortgage, with fixed monthly repayments over a fixed periodoftime, J24 creating a high repayment burden on borrowers with low income. This paper draws on the experience of the Keywords: income-contingent loan (ICL) systems operating in England and Australia, in which monthly or two-weekly Income-contingent loans repayments are related to the borrower's income in that period, thus building in automatic insurance against Mortgage-type loans inability to repay during periods of low income. We discuss the design of this type of loan in detail since such an Student loan design exercise seems to be largely absent in the US literature. Drawing on data from the US Current Population Survey Loan defaults (CPS) we provide two main empirical contributions: a stylised illustration of the revenue and distributional implications of different hypothetical ICL arrangements for the USA; and an illustration of repayment problems faced by low-earning borrowers in the US loan system, including a plausible example of adverse outcomes with respect to Stafford loans. -
UC Berkeley UC Berkeley Electronic Theses and Dissertations
UC Berkeley UC Berkeley Electronic Theses and Dissertations Title Essays on the Economics of Organizations, Productivity and Labor Permalink https://escholarship.org/uc/item/7nz119gg Author Cowgill, Bradford Lee Publication Date 2015 Peer reviewed|Thesis/dissertation eScholarship.org Powered by the California Digital Library University of California Essays on the Economics of Organizations, Productivity and Labor by Bradford Lee Cowgill, Jr. A dissertation submitted in partial satisfaction of the requirements for the degree of Doctor of Philosophy in Business Administration in the Graduate Division of the University of California, Berkeley Committee in charge: Professor John Morgan, Chair Professor Noam Yuchtman Professor Stefano DellaVigna Professor David Card Spring 2015 Essays on the Economics of Organizations, Productivity and Labor Copyright 2015 by Bradford Lee Cowgill, Jr. 1 Abstract Essays on the Economics of Organizations, Productivity and Labor by Bradford Lee Cowgill, Jr. Doctor of Philosophy in Business Administration University of California, Berkeley Professor John Morgan, Chair This dissertation is about how firms use incentives and information in internal per- sonnel and management practices, in particular relating to hiring and innovation. In the first chapter, I study competition between workers inside of firms. Why do firms use in- centives that encourage anti-social behavior among employees? Rank-based promotion schemes are among the most widespread forms competition and incentives, despite en- couraging influence-peddling, sabotage and anti-social behavior. I study a natural exper- iment using rich administrative data from a large, white collar firm. At the firm, competi- tors for promotions depend partly on dates-of-hire. I utilize the date-of-hire assignment as a source of exogenous variation in the intensity of intra-worker competition. -
Curriculum Vitae Jean-Marc ROBIN
Curriculum Vitae Jean-Marc ROBIN June 2008 1. Education/Qualifications Dates Detail of degree; diploma; other Institution qualification 1984 Master Ecole Nationale de la Statistique et de l’Administration Economique (ENSAE), Paris, France 1985 MPhil Université Paris 1 Panthéon Sorbonne 1988 PhD Paris 1 1994 Habilitation Paris 1 2. Professional History (in chronological order) Dates Detail of position held Institution 1988-1997 Research fellow (Chargé de National Institute of recherches) Agricultural Research (INRA), France 1997-2002 Research director (Directeur de INRA recherches) 2002 - Professor of economics Université Paris 1 Panthéon Sorbonne, Paris 2004 - Professor of economics UCL (part time appointment 40%) 3. Other Appointments and Affiliations Dates Detail of position held Institution 1993-2002 Research fellow CREST-INSEE 2000-2004 Associate editor Economic Journal 2001- Associate editor Journal of Applied Economics 2001- Associate editor Econometrica 8/2004 Chair of the econometrics program Econometric Society committee European Meeting, Madrid 2005- Chair European Winter Meeting of the Econometrics Society 2007- Co-editor Econometrics Journal 12/2008 Chair of the program committee Conference EC², “Structural Microeconometrics”, Roma 4. Prizes, Awards and other Honours Dates Detail of prize, award or honour Awarding/electing body 1996 Prix Philip Morris pour la Science 2006 Frisch Medal award1 Econometric Society 2007 Fellow of the Econometric Econometric Society 2 Society 5. Grants 1986 -1988 : Magnac, T. et J.-M. Robin, « Analyse des transitions entre emploi salarié et non salarié », rapport au Plan n°34/1988. 1993 - 1995 : Lechène, V., T. Magnac, J.-M. Robin et M. Visser, « Insertion des jeunes sur le marché du travail : outils d'analyse et analyses empiriques'', rapport à la Délégation Interministérielle à l'Insertion des Jeunes, Avril 1995. -
Intertemporal Choice and Inequality
Intertemporal Choice and Inequality Angus Deaton and ChristinaPaxson Princeton University The permanent income hypothesis implies that, for any cohort of people born at the same time, inequality in both consumption and income should grow with age. We investigate this prediction using cohort data constructed from 11 years of household survey data from the United States, 22 years from Great Britain, and 14 years from Taiwan. The data show that within-cohort consumption and income inequality measures do indeed increase with age in the three economies and that the rate of increase is similar in all three. Ac- cording to the permanent income hypothesis, the increase in in- equality reflects cumulative differences in the effects of luck on con- sumption. Other models of intertemporal choice-such as those with strong precautionary motives or liquidity constraints-can limit or even prevent the spread of inequality, as can insurance arrange- ments that share risk across individuals. The evidence on the spread of inequality can therefore be used to help quantify the extent to which private and social arrangements moderate the impact of risk on the distribution of individual welfare. I. Introduction Suppose that the permanent income hypothesis (PIH) is true, so that the consumption of each person in the economy follows a random We are grateful to James Banks and Richard Blundell for the cohort data for Great Britain and to Orazio Attanasio for the U.S. data that were used in an earlier version of this paper. We also thank Tim Besley, Anne Case, Ben Eden, Steve Davis, Marjorie Flavin, Robert Hall, Alan Krueger, Robert Lucas, Thierry Magnac, Jean-Marc Robin, Joe Stiglitz, participants in the National Bureau of Economic Research's February 1993 Economic Fluctuations Research meeting, and an anonymous referee for helpful suggestions.