Jeffrey S. Smith, Ph.D.



  • “Retirement Pay and Officer Retention,” with Jim West, NBER Working Paper #18502, published November 2012 
  • “The Return Characteristics of Diamonds,” with Ken Small and Erika Small, Journal of Investing, Accepted for Publication October 2012 
  • "An Examination of Diamonds as an Alternative Asset Class: Do They Have What It Takes to Make a Portfolio Sparkle?" The Journal of Wealth Management, Winter 2012, pp 1 - 8 (with Ken Small and Erika Small)
  • "New Information Regarding Consumption and Wealth Asymmetries," Academy of Economics and Finance Journal, 2011 vol 2. (with Mark Tuttle).
  • "Weighing the Risks - Are Exchange Traded Notes Right for Your Clients?" Journal of Financial Planning, October 2010, pp 56 - 65, (with Ken Small).
  • "Warfare, Civil Conflict, and the Spatial Impacts on Domestic Investment: Evidence from South America, 1950 - 2000," Peace Economics, Peace Science and Public Policy , 15:1, 2009, pp 1 - 12, (with Mike Hicks.)
  • "Disaggregated Business Fixed Investment - The Response of Structures and Equipment to Macroeconomic Fluctuations and Policies," Midwestern Business & Economic Review , Fall 2008, (with Mark Tuttle.)
  • "Does Defense Spending Really Promote Aggregate Output in the U.S.?" Defence and Peace Economics , 19:6, 2008, pp 435 - 447, (with Mark Tuttle.)
  • "A Market Reaction to DoD Contract Delay - Does the Market Reward Poor Performance?" Review of Financial Economics, 17:1, 2008, (with Capt Robert Carden and Major Sonia Leach.)
  • "The Hot Stock Tip from Debbie: Implications for Market Efficiency," Journal of Behavioral Finance, 8:4, 2007, (with Ken Small.)
  • "Ownership Structure and Golden Parachutes:Evidence of Credible Commitment or Incentive Alignment," Journal of Economics and Finance, 31:3, 2007, (with Ken Small.)
  • "People vs. Prairie Chickens Revisited:Stated Preference with Explicit Non-Market Tradeoffs," Defence and Peace Economics , 18:3, 2007, pp 223 - 244, (with Mike McKee.)