Frank Smets is Director General Economics at the European Central Bank since February 2017. Previously he was Adviser to the President of the European Central Bank since December 2013 and Director General of the Directorate General Research from September 2008. He is professor of economics at UGent and an honorary professor in the Duisenberg chair at the Faculty of Economics and Business of the University of Groningen. He is a Research Fellow of the Centre for Economic Policy Research in London and CESifo in Munich. He has written and published extensively on monetary, macroeconomic, financial and international issues mostly related to central banking in top academic journals such as the Journal of the European Economic Association, the American Economic Review, the Journal of Political Economy and the Journal of Monetary Economics. He has been managing editor of the International Journal of Central Banking from 2008 till 2010. Before joining the European Central Bank in 1998, he was a research economist at the Bank for International Settlements in Basel, Switzerland. He holds a PhD in Economics from Yale University.