EDUCATION Ph.D., Economics, 1972, University of Chicago B.S., Economics, 1965, Fordham University PROFESSIONAL EXPERIENCE 1974-Present - Senior Economist, RAND Dr. Smith has served as principal investigator on a number of projects, including an analysis of the effects of economic development on labor markets; a study of black-white wages and employment; trends in women's wages and labor force growth; migration in developing countries; the economic impacts of marital dissolution; life-cycle decisionmaking regarding consumption and savings; racial income differences; the measurement and causes of income inequality of individuals and families; a survey of new immigrants; asset accumulation of mature adults; and the economic impact of immigration. In addition, Dr. Smith has participated in projects studying the evaluation of economic loss in wrongful death cases. 1977-1994 - Director, Labor and Population Studies Program, RAND, Santa Monica, California Dr. Smith was responsible for all research studies at RAND that dealt with domestic labor markets, demographic trends in the United States, and economic development in the third world. As program director, he managed a staff of more than 30 professionals in economics, sociology, demography and statistics, and oversaw the program's multifarious projects. He was responsible for selecting all project leaders, for assigning and recruiting staff, for maintaining client relations, and for monitoring research quality. 1971-1974 - During this period, Dr. Smith was an Assistant Professor at the Graduate Center of the City University of New York. In addition to his teaching duties, he also served as graduate student advisor and director. He also served as Deputy Executive Officer in the Department of Economics. During the academic year of 1970-1971, he was an instructor at the University of Illinois.