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TheEconomists

Photo of Travis D. Nesmith
202-452-2907
travis.d.nesmith@frb.gov
Education
  • Ph.D., Economics, Washington University in St. Louis, 2000
  • M.A., Economics, Washington University in St. Louis, 1995
  • A.B., Economics/Political Science, Duke University, 1990
  • Current Research Topics

  • Central Counterparties
  • Risk Management
    • Senior Economist

      Board of Governors of the Federal Reserve System

    • 2009 - present
    • Economist

      Board of Governors of the Federal Reserve System

    • 1999 - 2009
    • Economist

      Bureau of Labor Statistics

    • 1998 - 1999
    • Visiting Scholar

      Federal Reserve Bank of St. Louis

    • 1995 - 1998
  • Mills, David C.,Jr., and Travis D. Nesmith (2008). "Risk and Concentration in Payment and Securities Settlement Systems," Journal of Monetary Economics, vol. 55, no. 3, pp. 542-553.
  • Nesmith, Travis D., and Barry E. Jones (2008). "Linear Cointegration of Nonlinear Time Series with an Application to Interest Rate Dynamics," Studies in Nonlinear Dynamics and Econometrics, Vol. 12, no. 1, article 6.
  • Nesmith, Travis D. (2007). "Rational Seasonality," in Barnett, William A., Apostolos Serletis eds., Functional Structure Inference 18. London and New York: Elsevier.
  • Barnett, William A., Barry E. Jones, and Travis D. Nesmith (2004). "Time Series Cointegration Tests and Nonlinearity," in Barnett, William,A., Jane Binner eds., Functional Structure and Approximation in Econometrics, Vol. 261. Amsterdam; San Diego and Oxford: Elsevier JAI, pp. 549-567.
  • Anderson, Richard G., Barry E. Jones, and Travis D. Nesmith (2000). "Introduction to the St. Louis Monetary Services Index Project," in Barnett, William,A., Serletis Apostolos eds., The Theory of Monetary Aggregation. North-Holland: Elsevier Science, pp. 610-616.
  • Barnett, William A., Barry E. Jones, and Travis D. Nesmith (2000). "Time Series Cointegration Tests and Non-Linearity," in Barnett, William,A. ed., Nonlinear Econometric Modeling in Time Series: Proceedings of the Eleventh International Symposium in Economic Theory. Cambridge; New York and Melbourne: Cambridge University Press, pp. 9-30.
  • Anderson, Richard G., Barry E. Jones, and Travis D. Nesmith (1997). "Introduction to the St. Louis Monetary Services Index Project," Federal Reserve Bank of St.Louis Review, vol. 79, no. 1, pp. 25-29.
  • Anderson, Richard G., Barry E. Jones, and Travis D. Nesmith (1997). "Building New Monetary Services Indexes: Concepts, Data and Methods," Federal Reserve Bank of St.Louis Review, vol. 79, no. 1, pp. 53-82.
  • Anderson, Richard G., Barry E. Jones, and Travis D. Nesmith (1997). "Monetary Aggregation Theory and Statistical Index Numbers," Federal Reserve Bank of St.Louis Review, vol. 79, no. 1, pp. 31-51.
  • Barnett, William, Barry Jones, and Travis Nesmith (2008). "Divisia Second Moments: An Application of Stochastic Index Number Theory," Working papers series in theoretical and applied economics 200803. University of Kansas, Department of Economics.
  • Mills, David C., Jr., and Travis D. Nesmith (2007). "Risk and Concentration in Payment and Securities Settlement Systems," Finance and Economics Discussion Series 2007-62. Board of Governors of the Federal Reserve System (U.S.).
  • Jones, Barry E., and Travis D. Nesmith (2007). "Linear Cointegration of Nonlinear Time Series with an Application to Interest Rate Dynamics," Finance and Economics Discussion Series 2007-03. Board of Governors of the Federal Reserve System (U.S.).
  • Nesmith, Travis D. (2007). "Rational Seasonality," Finance and Economics Discussion Series 2007-04. Board of Governors of the Federal Reserve System (U.S.).
  • Nesmith, Travis D. (2005). "Solving Stochastic Money-in-the-Utility-Function Models," Finance and Economics Discussion Series 2005-52. Board of Governors of the Federal Reserve System (U.S.).
  • Barnett, William, Barry Jones, Milka Kirova, Travis Nesmith, and Meenakshi Pasupathy1 (2004). "The Nonlinear Skeletons in the Closet," Working Papers Series in Theoretical and Applied Economics 200403. University of Kansas, Department of Economics.
  • Jones, Barry E., and Travis D. Nesmith (1999). "Tests for Non-Linear Dynamics in Systems of Non-Stationary Economic Time Series: The Case of Short-Term US Interest Rates," Finance and Economics Discussion Series 1999-55. Board of Governors of the Federal Reserve System (U.S.).
  • Nesmith, Travis Dean (2000). "Aggregation Theory and Statistical Index Numbers," Ph.D dissertation, Washington University.
  • conference

    March 2008

    Risk Symposium, Los Alamos National Laboratory

  • conference

    January 2007

    Policy Workshop on Recent Payments Research, Federal Reserve Bank of New York

  • seminar

    Decemberr 2006

    Workshop on Money and Payments, Federal Reserve Bank of New York

  • conference

    August 2006

    Workshop on Nonlinear Dynamical Methods and Time Series Analysis, University of Udine, Italy

  • seminar

    July 2006

    IMF Departmental Seminar Series, International Monetary Fund

  • conference

    May 2006

    Midwest Macroeconomics Conference, St. Louis, Missouri

  • seminar

    March 2006

    Macro-economics and International Finance Seminar Series, George Washington University

  • conference

    October 2005

    Midwest Economic Theory Conference, University of Kansas

  • seminar

    April 2005

    Oswald Distinguished Seminar Series, University of Kansas

  • conference

    May 2004

    Midwest Macroeconomics Conference, Ames, Iowa

  • conference

    June 2000

    Issues in Measuring Price Change and Consumption Conference, Bureau of Labor Statistics

  • conference

    March 1999

    Society for Nonlinear Dynamics and Econometrics, New York City

  • conference

    April 1998

    Midwest Macroeconomics Conference, St. Louis, Missouri

  • conference

    March 1998

    Midwest Economics Association Conference, Chicago, Illinois

  • seminar

    January 1998

    Washington University Economic Theory Seminar, St. Louis, Missouri

  • conference

    October 1996

    International Atlantic Economic Conference, Washington, D.C.

  • conference

    March 1996

    Missouri Valley Economic Association, Memphis, Tennessee

  • seminar

    Fecruary 1996

    Federal Reserve Bank of St. Louis, St. Louis, Missouri

Awards

  • 2010

    Board of Governors of the Federal Reserve System

    Spirit of Excellence Award

Referee

  • Journal of Economic Theory
  • Review of Economic Studies
  • Journal of Monetary Economics
  • Journal of Money Credit and Banking
  • Journal of Economic Dynamics and Control
  • Macroeconomic Dynamics
  • Journal of Applied Econometrics
  • Journal of Business and Economic Statistics
  • Journal of Mathematical Economics
  • Oxford Economic Papers
  • Journal of Economics and Business
  • Southern Economic Journal
  • Federal Reserve Bank of New York Economic Policy Review
  • Federal Reserve Bank of St. Louis Review
  • International Journal of Central Banking

Professional Affiliation

  • American Economic Society
  • Econometric Society
  • Professional Risk Managers International Association
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Last update: March 30, 2012