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Lawrence Berk Smith (1939 - ) was a housing specialist and Professor of Economics at the University of Toronto between 1966 and 1998.
Born in Toronto in 1939, Professor Smith graduated from Forest Hill Collegiate Institute in 1958. He then attended University College, University of Toronto, where he received his Bachelor of Commerce in 1962. Professor Smith went on to study economics at Harvard University. There, he acquired an AM in 1964 and Ph.D in 1966.
While attending Harvard University, Professor Smith was a Teaching Fellow and Instructor in Economics. Upon completing his doctorate in 1966, he joined the faculty of the University of Toronto as an Assistant Professor in Economics. In 1969, he was appointed Associate Professor and in 1972, full Professor. He remained in this position until his retirement in 1998. In addition to teaching at the University of Toronto, Professor Smith was also visiting scholar in the Graduate School of Management at the University of California, Los Angeles, from 1973 to 1974. His research interests are housing and mortgage markets, monetary theory and policy, as well as macro-economic policy.
During his teaching career, Professor Smith held numerous administrative positions in the University of Toronto. These include Member of the Presidential Advisory Committee on Student Housing, 1969-1971, as well as Director of Economics and Associate Chairman of Department of Political Economy, 1975-1979.
In addition to being an academic, Professor Smith has also served as a private consultant to various government and private organizations, most notably the Task Force on the Canada Mortgage and Housing Corporation.