Anthony Smith

Tony Smith is Professor of Economics and Director of Undergraduate Studies for the Department of Economics.  He is a macroeconomist and applied econometrician whose most most recent research focusses on the macroeconomics of global climate change.  The purpose of this research is to evaluate quantitatively how government policies designed to reduce global warming affect the welfare of different regions around the world. To this end, the project builds a fully micro-founded model of the world economy which incorporates realistic interactions between economic activity and global climate and uses it to study climate-related policy. The model features: a very large number of regions; significant region-specific detail about the economic damages caused by changes in global climate; uncertainty about climatic and meteorological disturbances; and rich interactions between regions, including trade, insurance, and migration.