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A. Lee Smith

Economist · Federal Reserve Bank of Kansas City

Economist in the Research Department of the Federal Reserve Bank of Kansas City. His work covers Federal Reserve balance-sheet policy, forward guidance and monetary policy shocks.

2 papers tracked 2 classics ⌁ Follow this author

Showing 2 papers

Published Classic Journal of Money, Credit and Banking Published Feb 2019

A Model of Monetary Policy Shocks for Financial Crises and Normal Conditions

John W. Keating · Logan J. Kelly · A. Lee Smith · Victor J. Valcarcel

This 2019 Journal of Money, Credit and Banking paper by John Keating, Logan Kelly, A. Lee Smith, and Victor Valcarcel asks whether replacing the federal funds rate with Divisia M4 (DM4) -- a …

Structural Var Monetary Policy Shocks

Published Classic Journal of Economic Dynamics and Control Published Jan 2023

The financial market effects of unwinding the Federal Reserve's balance sheet

A. Lee Smith · Victor J. Valcarcel

This 2023 Journal of Economic Dynamics and Control paper by A. Lee Smith and Victor J.

Quantitative Easing Balance Sheet Policy