Meet the Researchers
David P. Glancy
Principal Economist
Banking and Financial Analysis Section
Monetary Affairs
Education
- Ph.D., Economics, Brown University, 2016
- M.A., Economics, Brown University, 2011
- B.A., Economics, Clark University, 2010
Current Research Topics
- Commercial Real Estate
Principal Economist
Board of Governors of the Federal Reserve System
2022 - presentSenior Economist
Board of Governors of the Federal Reserve System
2019 - 2022Economist
Board of Governors of the Federal Reserve System
2016 - 2019
- Bank Relationships and the Geography of PPP Lending
David Glancy
Journal of Financial Services Research (Forthcoming)
https://doi.org/10.1007/s10693-024-00432-y
See also » FRB Working Paper (2023) - CRE redevelopment options and the use of mortgage financing
David Glancy, Robert Kurtzman, and Lara Loewenstein
Real Estate Economics (Forthcoming)
https://doi.org/10.1111/1540-6229.12510
See also » FRB Working Paper (2024) - Determinants of Recent CRE Distress: Implications for the Banking Sector
David Glancy and Robert Kurtzman
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.072 - CRE Redevelopment Options and the Use of Mortgage Financing
David Glancy, Robert Kurtzman, and Lara Loewenstein
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.046 - The 2023 Banking Turmoil and the Bank Term Funding Program
David Glancy, Felicia Ionescu, Elizabeth Klee, Antonis Kotidis, Michael Siemer, and Andrei Zlate
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.045 - On Commercial Construction Activity’s Long and Variable Lags
David Glancy, Robert J. Kurtzman, and Lara Loewenstein
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.016 - Recourse as shadow equity: Evidence from commercial real estate loans
David Glancy, Robert Kurtzman, Lara Loewenstein, and Joseph Nichols
Real Estate Economics (2023)
https://doi.org/10.1111/1540-6229.12450
See also » FRB Working Paper (2021) - Bank Relationships and the Geography of PPP Lending
David Glancy
Finance and Economics Discussion Series (2023)
https://doi.org/10.17016/FEDS.2023.014 - Intermediary Segmentation in the Commercial Real Estate Market
David Glancy, John R. Krainer, Robert J. Kurtzman, and Joseph B. Nichols
Journal of Money, Credit and Banking (2022)
https://doi.org/10.1111/jmcb.12889
See also » FRB Working Paper (2019) - Loan Modifications and the Commercial Real Estate Market
David P. Glancy, Robert J. Kurtzman, and Lara Loewenstein
Finance and Economics Discussion Series (2022)
https://doi.org/10.17016/FEDS.2022.050 - Drivers of Bank Supply of Business Loans
Andrew Castro, David Glancy, and Felicia Ionescu
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3059 - What Happens When Banks Tighten C&I Loan Supply?
Andrew Castro, David Glancy, Felicia Ionescu, and Greg Marchal
FEDS Notes (2022)
https://doi.org/10.17016/2380-7172.3058 - How Do Capital Requirements Affect Loan Rates? Evidence from High Volatility Commercial Real Estate
David Glancy and Robert Kurtzman
Review of Corporate Finance Studies (2022)
https://doi.org/10.1093/rcfs/cfab013
See also » FRB Working Paper (2018) - Recourse as Shadow Equity: Evidence from Commercial Real Estate Loans
David Glancy, Robert Kurtzman, Lara Loewenstein, and Joseph Nichols
Finance and Economics Discussion Series (2021)
https://doi.org/10.17016/FEDS.2021.079 - Housing Bust, Bank Lending and Employment: Evidence from Multimarket Banks
David Glancy
Journal of Banking & Finance (2021)
https://doi.org/10.1016/j.jbankfin.2021.106111
See also » FRB Working Paper (2017) - How Did Banks Fund C&I Drawdowns at the Onset of the COVID-19 Crisis?
David Glancy, Max Gross, and Felicia Ionescu
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2601 - An Aggregate View of Bank Lending Standards and Demand
David Glancy, Robert Kurtzman, and Rebecca Zarutskie
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2546 - Essays on Local Banking Markets and the Capital Crunch during the Great Recession
David P. Glancy
Dissertations (Brown University) (2016)
Last Update:
October 28, 2024