 He was the 2010 Distinguished Center for Economic Studies Fellow, an annual prize given by the CES of the Ludwig Maximilian University of Munich to an outstanding economist who has greatly contributed to the understanding of economic policy problems.In 2012 he was recipient of the IZA Prize in Labor Economics awarded by IZA for outstanding academic achievements in the field of labor economics.In 2014, Blundell received, with David Card, the BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Management for "their contributions to empirical microeconomics," in the words of the jury’s citation.