Tony Smith

Anthony A. Smith, Jr. (Tony) is the William K. Lanman, Jr. Professor of Economics at Yale University. He served as Chair of the Department of Economics at Yale from 2019 to 2025. He received a B.S. in Economics from M.I.T. in 1984 and a Ph.D. in Economics from Duke University in 1990. He has also taught at Queen's University, Carnegie Mellon University, and the University of Rochester and is a Research Associate of the National Bureau of Economic Research. He has served as an Associate Editor at the Review of Economics Dynamics and is currently Co-Editor of Macroeconomic Dynamics.

Smith’s research spans macroeconomics and econometrics. In macroeconomics, his work focuses on income and wealth heterogeneity, business cycles, asset pricing, behavioral macroeconomics, and computational methods. In econometrics, he studies simulation-based estimation of structural models and the measurement of labor income risk. His recent research lies at the intersection of macroeconomics, climate science, and environmental economics, where he collaborates with climate scientists to develop global, high-resolution models of the interactions between the economy, climate, and weather.