A. Lee Smith

A. Lee Smith

Senior Economist
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City , Missouri


Andrew Lee Smith is a Senior Economist in the Economic Research Department of the Federal Reserve Bank of Kansas City. Prior to joining the department in 2014, Mr. Smith received a Ph.D. and M.A. in economics from the University of Kansas. He also holds a B.A. in economics and mathematics from Drury University. His primary research interests are in time-series modeling, macroeconomics, and monetary policy.

Curriculum Vitae

Professional Journals and Books

  • "The Optimal Monetary Instrument and the (Mis)Use of Causality Tests"
    with John W. Keating, Journal of Financial Stability, forthcoming.
  • "A Model of Monetary Policy Shocks for Financial Crises and Normal Conditions"
    with John W. Keating, Logan J. Kelly, and Victor J. Valcarcel, Journal of Money, Credit, and Banking, Volume 51, February 2019, pp. 227-259.
  • "When Does the Cost Channel Pose a Challenge to Inflation Targeting Central Banks?"
    European Economic Review, Volume 89, October 2016, pp. 471-494.

Economic Review Articles