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A second chance? : labor market returns to adult education using school reforms

Bennett, Patrick; Blundell, Richard W.; Salvanes, Kjell G. - 2020

fertility. As male education remains unchanged by the reforms, later life education reduces the pre-existing gender earnings gap …

Persistent link: https://www.econbiz.de/10012266277

Evaluating the impact of education on earnings in the UK: Models, methjods and results from the NCDS

Blundell, Richard W.; Dearden, Lorraine; Sianesi, Barbara - 2003

Regression, matching, control function and instrumental variables methods for recovering the impact of education on … find an average return of 27% for those completing higher education versus anything less. Compared to stopping at 16 … without qualifications, we find an average return to O-levels of 18%, to A-levels of 24% and to higher education of 48%. …

Persistent link: https://www.econbiz.de/10010292932

Social skills and the individual wage growth of less educated workers

Aghion, Philippe; Bergeaud, Antonin; Blundell, Richard W.; … - 2023

We use matched employee-employer data from the UK to highlight the importance of social skills, including the ability to work well in a team and communicate effectively with co-workers, as a driver for individual wage growth for workers with few formal educational qualifications. We show that...

Persistent link: https://www.econbiz.de/10014365686

Earnings and consumption dynamics : a nonlinear panel data framework

Arellano, Manuel; Blundell, Richard W.; Bonhomme, Stéphane - 2015

We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory innovation. The persistence of past shocks to earnings is...

Persistent link: https://www.econbiz.de/10011336956

Consumption inequality and family labor supply

Blundell, Richard W.; Pistaferri, Luigi; … - 2012

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. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings...

Persistent link: https://www.econbiz.de/10009629674

Anatomy of welfare reform evaluation : announcement and implementation effects

Blundell, Richard W.; Francesconi, Marco; Klaauw, … - 2011

This paper formulates a simple model of female labor force decisions which embeds an in-work benefit reform and explicitly allows for announcement and implementation effects. We explore several mechanisms through which women can respond to the announcement of a reform that increases in-work...

Persistent link: https://www.econbiz.de/10009516923

Collective labour supply : heterogeneity and nonparticipation

Blundell, Richard W.; Chiappori, Pierre-André; Magnac, … - 2005

We present identification and estimation results for the "collective" model of labour supply in which there are …

Persistent link: https://www.econbiz.de/10003257851

Changes in the distribution of male and female wages accounting for employment composition using bounds

Blundell, Richard W.; Gosling, Amanda; Ichimura, Hidehiko; … - 2004 - [Elektronische Ressource]

assumptions we find convincing evidence of an increase in inequality within education groups, changes in the returnʺ to education …

Persistent link: https://www.econbiz.de/10002456252

Female labour supply, human capital and welfare reform

Blundell, Richard W.; Dias, Monica Costa; Meghir, Costas; … - 2013

We consider the impact of tax credits and income support programs on female education choice, employment, hours and …. We find important incentive effects on education choice and labor supply, with single mothers having the most elastic … especially for women with more than basic formal education. For those with lower education the welfare programs are shown to have …

Persistent link: https://www.econbiz.de/10009740422

Consumption inequality and partial insurance

Blundell, Richard W.; Pistaferri, Luigi; Preston, Ian - 2004

This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX cross-sections and distinguishes between permanent...

Persistent link: https://www.econbiz.de/10010292960