Economics & Business
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Stephen L.S. Smith

Education
B.A. Williams College
Ph.D. Stanford University

Teaching Areas
International economics, economic development, international political economy, econometrics

Selected Recent Research
“Ethnic Networks and Price Dispersion” (with Michael Anderson and Martin Davies), presented at the Mid-West International Economics Group meetings, Notre Dame University, April 2011.

“The International Monetary System: The Good, Bad and the Ugly,” chapter 10 in Steven L. Rundle, ed., Economic Justice in a Flat World: Christian Perspectives on Globalization. 2009. Milton Keynes, UK: Paternoster.

“Foreign Direct Investment: The ‘Monster’ Revisited,” chapter 5 in Steven L. Rundle, ed., Economic Justice in a Flat World: Christian Perspectives on Globalization.  2009.  Milton Keynes, UK: Paternoster.

“How Does History Matter?  Hysteresis in Canadian Trade.”  2007.  North American Journal of Economics and Finance Vol. 18, No. 3 (December), pp. 279-91 (with Michael A. Anderson).

"A Spatial Model of National and International Price Dispersion: Theoretical and Empirical Findings," (with Michael A. Anderson and Kurt C. Schaefer). Presented at the Board of Governors of the Federal Reserve, Washington, D.C., July 2007.

"The United States and Global Poverty: How Can Aid make a Difference?" Presented at the conference on "The USA with the World" sponsored by the Center for Christian Studies, Gordon College, September 2006.

"Macroeconomic Stability and Poverty Reduction," with Andrew Levin. Ch. 18 in Dean, Judith M., Julie A. Schaffner, and Stephen L. S. Smith, eds., Attacking Poverty in the Developing World, (Waynesboro, GA and Milton Keynes, UK: Authentic Media/World Vision, 2005).

"Borders and Price Dispersion: New Evidence on Persistent Arbitrage Failures," with Michael A. Anderson. Presented at the Mid-West International Economics Meetings, November, 2004.

"The Advantage to Trade: Bhagwati and Irwin," Ethics & International Affairs, Vol. 16, No. 2, 2002, pp. 127-134.

"Measuring Skill Intensity: Production Worker vs. Education Data in the NAFTA Countries," U.S. International Trade Commission, Office of Economics Working Paper 2001-07-B (with Michael A. Anderson and Raymond Robertson).

"Canadian Trade and Wages: Lessons from the Past, Prospects for the Future," The World Economy, Vol. 23, No. 8 (August) 2000, pp. 1005-1029 (with Michael A. Anderson).

"Christian Ethics and the Forgiveness of Third World Debt," Faith & Economics, No. 35, Spring 2000, pp. 8-12.

"Canadian Provinces in World Trade: Engagement and Detachment," Canadian Journal of Economics, Vol. 32, No. 1, (February) 1999, pp. 22-38. (with Michael A. Anderson).

"Do National Borders Really Matter? US-Canada Regional Trade Reconsidered," Review of International Economics, Vol. 7, Issue 2, (May) 1999, pp. 219-227. (with Michael A. Anderson).

"NAFTA Expansion: US Imports Upon Chilean, Andean Pact, and MERCOSUR Accession," The World Economy, Vol. 20, No. 4, 1997, pp. 477-96 (with Michael A. Anderson).

"Work as Disutility: Comment," Journal of Socioeconomics, Vol. 23, Number 3, 1994, pp. 255-259 (with Michael A. Anderson).

"Integration and Differentiation: Economics at Christian Colleges," Bulletin of the Association of Christian Economists, No. 24, Fall 1994.

"The Limits of Enterprise," Christianity Today, November 8, 1993.

Contact Information
Department of Economics & Business
e:

Stephen L.S. Smith

Downloads

Price Dispersion in Spatial Perspective (PDF)
Theory and Evidence

ETHNIC NETWORKS AND PRICE DISPERSION (PDF)
A paper presented to the Mid-West International Economics Group, April 2011

Review of Jeffrey Sachs' Common Wealth (PDF)
from Faith and Economics journal, No. 54, fall 2009.

The United States and Global Poverty (PDF)
A paper presented at the Center for Christian Studies' "USA With the World" conference

Borders and Price Dispersion (PDF)
New Evidence On Persistent Arbitrage Failures

Measuring Skill Intensity (PDF)
Production Worker vs. Education Data in the NAFTA Countries