2012 IZA Prize awarded to Richard Blundell

R. Blundell | K. F. Zimmermann
On September 22, 2012, IZA Director Klaus F. Zimmermann awarded this year's IZA Prize in Labor Economics to Richard Blundell (University College London and IFS) during the Annual Conference of the European Association of Labour Economists (EALE) hosted by IZA in Bonn. The Prize honors Blundell's path-breaking contributions to the econometric analysis of labor markets and public policy reforms.

According to the Award Statement, "Professor Blundell has played a major role in the development of modern labor and policy analysis. His work is characterized by a focus on pressing questions in economic policy, the development of cutting-edge econometric methods to tackle such questions, and painstaking analysis of micro data. Blundell's contributions laid the foundations for the modern economic analysis of labor supply, consumer behavior, and policy reforms."

Richard Blundell holds the David Ricardo Chair of Political Economy at University College London. He is a graduate of the University of Bristol and London School of Economics. Since 1986 he has been Research Director of the Institute for Fiscal Studies (IFS), where he is also Director of the ESRC Centre for the Microeconomic Analysis of Public Policy. He has been on the editorial board of many academic journals and is also one of the editors of the Mirrlees Review of Tax Reform which reported its findings in 2011. In a similar spirit, IZA recently proposed a tax reform concept for Germany, which is based largely on methodology developed by Richard Blundell.

"Richard is a role model to many researchers across the globe. His work is a remarkable combination of academic excellence and policy relevance," said Zimmermann.