Overview
Christopher L. Smith is an economist at the Board of Governors of the Federal Reserve System in Washington, D.C. His research focuses on labor market outcomes including wage inequality, the minimum wage, and employment dynamics. He is affiliated with the macroeconomics and quantitative studies section of the Federal Reserve Board's Division of Research and Statistics.
Key Contributions / Features
- Co-authored Autor, Manning, and Smith (2016), reassessing the minimum wage's contribution to US wage inequality using IV methods; paper demonstrates severe upward bias in Lee (1999)'s OLS estimates and provides corrected 2SLS estimates for the 1979–2012 period.
- Research on the measurement of wage inequality using Current Population Survey (CPS) data, including treatment of CPS wage heaping and misreporting.
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