ANTHONY A. SMITH, JR. (Tony)
William K. Lanman, Jr. Professor of Economics
Chair, Department of Economics
Yale University
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[Curriculum Vitae]
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[Working Papers]
PUBLICATIONS
(in reverse chronological order; see
CV for precise citations)
-
Quantifying Uncertainty about Global and Regional
Economic Impacts of Climate Change (with Jenny Bjordal and Trude Storelvmo),
Environmental Research Letters, 2022.
-
Discussion of: "Central Bank Challenges Posed by Uncertain Climate Change and
Natural Disasters" by Lars Peter Hansen,
Journal of Monetary Economics, 2022.
-
Sources of U.S. Wealth Inequality: Past, Present, and Future
(with Joachim Hubmer and Per Krusell),
NBER Macroeconomics Annual 2020, Volume 35
(online appendix).
-
Generalized Indirect Inference for Discrete Choice Models (with Marianne Bruins, James Duffy, and Michael Keane), Journal of Econometrics, 2018
(supplemental material).
-
Click here for the 2003 version.
- Environmental Macroeconomics (with John Hassler and Per Krusell),
Handbook of Macroeconomics, Volume 2B, Chapter 24, 2017.
-
Is Piketty's "Second Law of Capitalism" Fundamental? (with Per Krusell),
Journal of Political Economy, 2015.
-
Inferring Labor Income Risk and Partial Insurance From
Economic Choices
(with Fatih Guvenen), Econometrica, 2014
(supplemental appendix;
replication files). [Note: This paper was previously circulated as
"Inferring Labor Income Risk From Economic Choices: An Indirect Inference Approach".]
- Modeling Earnings Dynamics (with Joseph Altonji and
Ivan Vidangos), Econometrica, 2013
(supplemental appendix;
data and programs).
- Asset Prices in a Huggett Economy
(with Per Krusell and Toshihiko Mukoyama),
Journal of Economic Theory, 2011
(technical appendix).
- Temptation and Taxation (with Per Krusell
and Burhanettin Kuruscu), Econometrica, 2010
(appendix).
-
Revisiting the Welfare Effects of Eliminating Business Cycles
(with Per Krusell, Toshihiko Mukoyama, and Aysegul Sahin),
Review of Economic Dynamics, 2009
(appendices,
code).
[Note: This paper is the complete
version of the 2002 working paper by Krusell and Smith.]
-
Comment on: "Welfare Implications of the Transition to High
Household Debt" by Campbell and Hercowitz,
Journal of Monetary Economics, 2009.
- Indirect Inference, in:
The New Palgrave Dictionary of Economics, 2nd edition, 2008.
-
Conference commemorating the 20th anniversary of indirect inference (Universität Konstanz, May 30-31, 2014)
-
Conference volume (Journal of Econometrics, July 2018)
-
On the origins of indirect inference
-
Dynamic Credit Relationships in General Equilibrium (with Cheng Wang),
Journal of Monetary Economics, 2006.
- Quantitative Macroeconomic Models with
Heterogeneous Agents (with Per Krusell), in:
Advances in Economics and Econometrics: Theory and Applications,
Ninth World Congress, 2006.
-
Consumption-Savings Decisions with Quasi-Geometric Discounting (with Per
Krusell), Econometrica, 2003.
-
The Research Agenda: Tony Smith on Business Cycles
and Inequality, Economic Dynamics Newsletter, 2003.
-
Equilibrium Welfare and Government Policy with Quasi-geometric Discounting
(with Per Krusell and Burhanettin Kuruscu),
Journal of Economic Theory, 2002.
-
Time Orientation and Asset Prices (with Per Krusell and
Burhanettin Kuruscu),
Journal of Monetary Economics, 2002.
- Tax Policy with Quasi-Geometric Discounting
(with Per Krusell and
Burhanettin Kuruscu), International Economic Journal, 2000
(abstract at IEJ website).
-
On the Welfare Effects of Eliminating Business Cycles (with Per Krusell),
Review of Economic Dynamics, 1999.
- A Sequential Game Model of
Sports Championship Series: Theory and Estimation (with Christopher Ferrall), Review of Economics and Statistics, 1999.
-
A Method to Infer Coupon Availability from Coupon Redemption in the
Supermarket Scanner Panel Data (with Fusun Gonul),
Journal of Retailing and Consumer Services, 1999.
- All Around Improvements (with Patrick Larkey), in:
Science and Golf III: Proceedings of the World Scientific
Congress of Golf, 1999.
-
Income and Wealth Heterogeneity in the Macroeconomy (with Per Krusell),
Journal of Political Economy, 1998.
-
Click here for Rochester Center for Economic Research Working Paper No. 399
(the working paper version of the published paper).
-
Fortran code for computing stochastic-beta model.
-
Approximate Bias Correction in Econometrics (with James MacKinnon), Journal of Econometrics, 1998.
-
Income and Wealth Heterogeneity, Portfolio Selection, and Equilibrium Asset
Returns (with Per Krusell), Macroeconomic Dynamics, 1997.
-
Fractional Integration with Drift: Estimation in Small
Samples (with Fallaw Sowell and Stanley Zin),
Empirical Economics, 1997.
- Rules of Thumb in Macroeconomic
Equilibrium: A Quantitative Analysis (with Per Krusell),
Journal of Economic
Dynamics and Control, 1996.
-
Estimating Nonlinear Time-series Models Using
Simulated Vector Autoregressions, Journal of Applied
Econometrics, 1993.