Robert J. Kurtzman

Board of Governors of the Federal Reserve System

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

  • Board of Governors of the Federal Reserve System

SCHOLARLY PAPERS

14

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1,389

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54

CROSSREF CITATIONS

8

Scholarly Papers (14)

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1.

Did QE Lead to Lax Bank Lending Standards? Evidence from the Federal Reserve's LSAPs

Number of pages: 48 Posted: 11 May 2017 Last Revised: 05 Jul 2017
Robert J. Kurtzman, Stephan Luck, Tom Zimmermann and Tom Zimmermann
Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York and University of CologneQuantCo, Inc.
Downloads 227 (230,926)
Citation 4

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QE, Banks, Risk, SLOOS, STBL

2.

Accounting for Productivity Dispersion Over the Business Cycle

Downloads 203 (256,229)

Accounting for Productivity Dispersion Over the Business Cycle

Number of pages: 61 Posted: 18 May 2016 Last Revised: 09 Jun 2017
Robert J. Kurtzman and David Zeke
Board of Governors of the Federal Reserve System and University of Southern California - Department of Economics
Downloads 165 (307,370)

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Productivity, Business Cycles, Accounting Decomposition, Misallocation

Accounting for Productivity Dispersion Over the Business Cycle

FEDS Working Paper No. 2016-45
Number of pages: 62 Posted: 25 May 2016 Last Revised: 21 Sep 2016
Robert J. Kurtzman and David Zeke
Board of Governors of the Federal Reserve System and University of Southern California - Department of Economics
Downloads 38 (753,899)

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3.

How Do Capital Requirements Affect Loan Rates? Evidence From High Volatility Commercial Real Estate

Downloads 181 (283,760)
Citation 10

How Do Capital Requirements Affect Loan Rates? Evidence From High Volatility Commercial Real Estate

Number of pages: 42 Posted: 18 Jul 2018 Last Revised: 16 Sep 2018
David Glancy and Robert J. Kurtzman
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 129 (375,783)
Citation 4

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Capital Requirements, Basel III, Commercial Real Estate

How Do Capital Requirements Affect Loan Rates? Evidence from High Volatility Commercial Real Estate

FEDS Working Paper No. 2018-79
Number of pages: 43 Posted: 27 Nov 2018 Last Revised: 21 Feb 2019
David Glancy and Robert J. Kurtzman
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 52 (660,312)
Citation 2

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4.

The Economy-Wide Gains from Resolving Debt Overhang

Number of pages: 50 Posted: 29 Jul 2016 Last Revised: 07 May 2018
Robert J. Kurtzman and David Zeke
Board of Governors of the Federal Reserve System and University of Southern California - Department of Economics
Downloads 171 (298,201)

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Debt Overhang, Default, Innovation, Growth

5.

Misallocation Costs of Digging Deeper into the Central Bank Toolkit

FEDS Working Paper No. 2017-076
Number of pages: 70 Posted: 20 Sep 2017 Last Revised: 24 Dec 2019
Robert J. Kurtzman and David Zeke
Board of Governors of the Federal Reserve System and University of Southern California - Department of Economics
Downloads 160 (315,469)
Citation 7

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QE, LSAPs, and Misallocation

6.

Loan Modifications and the Commercial Real Estate Market

Downloads 135 (361,816)
Citation 2

Loan Modifications and the Commercial Real Estate Market

FRB of Cleveland Working Paper No. 22-09
Number of pages: 63 Posted: 13 Apr 2022
David Glancy, Robert J. Kurtzman and Lara Loewenstein
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Federal Reserve Bank of Cleveland
Downloads 74 (549,084)

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commercial real estate, modifications, LTV

Loan Modifications and the Commercial Real Estate Market

FEDS Working Paper No. 2022-50
Number of pages: 71 Posted: 16 Aug 2022
David Glancy, Robert J. Kurtzman and Lara Loewenstein
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Federal Reserve Bank of Cleveland
Downloads 61 (610,081)
Citation 1

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Commercial real estate, Modifications, LTV

7.

Intermediary Segmentation in the Commercial Real Estate Market

Downloads 123 (388,320)
Citation 6

Intermediary Segmentation in the Commercial Real Estate Market

FEDS Working Paper No. 2019-79
Number of pages: 54 Posted: 27 Nov 2019
David Glancy, John Krainer, Robert J. Kurtzman and Joseph Nichols
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 73 (553,342)
Citation 5

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Intermediary Segmentation in the Commercial Real Estate Market

Number of pages: 53 Posted: 27 Nov 2019
David Glancy, John Krainer, Robert J. Kurtzman and Joseph Nichols
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 50 (672,124)

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commercial real estate, life insurers, segmentation

8.

Recourse as Shadow Equity: Evidence from Commercial Real Estate Loans

Downloads 104 (438,551)
Citation 2

Recourse as Shadow Equity: Evidence from Commercial Real Estate Loans

FEDS Working Paper No. 2021-79
Number of pages: 32 Posted: 29 Dec 2021
David Glancy, Robert J. Kurtzman, Lara Loewenstein and Joseph Nichols
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Bank of Cleveland and Board of Governors of the Federal Reserve System
Downloads 72 (557,748)
Citation 2

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Commercial real estate, Recourse, LTV

Recourse as Shadow Equity: Evidence from Commercial Real Estate Loans

FRB of Cleveland Working Paper No. 21-20
Number of pages: 32 Posted: 28 Sep 2021 Last Revised: 21 Dec 2021
Lara Loewenstein, David Glancy, Robert J. Kurtzman and Joseph Nichols
Federal Reserve Bank of Cleveland , Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 32 (801,021)

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commercial real estate, recourse, LTV

9.

Did QE Lead Banks to Relax Their Lending Standards? Evidence from the Federal Reserve's Lsaps

FEDS Working Paper No. 2017-93
Number of pages: 49 Posted: 11 Sep 2017
Robert J. Kurtzman, Stephan Luck, Tom Zimmermann and Tom Zimmermann
Board of Governors of the Federal Reserve System, Federal Reserve Bank of New York and University of CologneQuantCo, Inc.
Downloads 69 (563,317)
Citation 10

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Banks, QE, Risk, SLOOS, Survey of Terms of Business Lending

10.

Aggregate Implications of Deviations from Modigliani-Miller: A Sufficient Statistics Approach

FEDS Working Paper No. 2023-45
Number of pages: 76 Posted: 12 Jul 2023
Robert J. Kurtzman and David Zeke
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 16 (920,558)

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Heterogeneous firms, General equilibrium, Firm entry, Agency costs, Costly external finance, Sufficient statistics

11.

From-Whom-To-Whom Relationships in the Financial Accounts of the United States a New Methodology and Some Early Results

FEDS Notes No. 2023-03-24-3
Posted: 12 May 2023
Michael Batty, Elizabeth Holmquist and Robert J. Kurtzman
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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12.

Accounting for Covid-19 Related Funding, Credit, Liquidity, and Loan Facilities in the Financial Accounts of the United States

FEDS Notes No. 2021-07-30-1
Posted: 18 Aug 2021
Matthew Hoops and Robert J. Kurtzman
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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13.

An Aggregate View of Bank Lending Standards and Demand

FEDS Notes No. 2020-05-04
Posted: 13 Aug 2020
David Glancy, Rebecca Zarutskie and Robert J. Kurtzman
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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14.

Changes in Monetary Policy and Banks' Net Interest Margins: A Comparison Across Four Tightening Episodes

FEDS Notes No. 2019-04-19-2
Posted: 22 Apr 2019 Last Revised: 25 Jun 2020
Jared Berry, Anamaria Felicia Ionescu, Robert J. Kurtzman and Rebecca Zarutskie
Morning Consult, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System

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