W. Blake Marsh
Senior Economist
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, Missouri
Biography
Blake Marsh is a senior economist at the Federal Reserve Bank of Kansas City. He joined the Banking Research department in July 2016. His research areas are commercial bank regulation and financial intermediation. His current research examines commercial real estate lending, syndicated corporate lending, and financial innovation. Mr. Marsh holds a B.A. in economics from The George Washington University and M.A. and Ph.D. degrees from American University. He previously held positions at the Board of Governors of the Federal Reserve System and in the mortgage industry.
Professional Journals and Books
- "Assessing Targeted Macroprudential Financial Regulation: The Case of the 2006 Commercial Real Estate Guidance for Banks"
with William F. Bassett, 2017. Journal of Financial Stability, 30, pp. 209-228.
Economic Review Articles
- "Corporate Leverage and Investment"
with David Rodziewicz and Karna Chelluri, Volume 105, No. 1 - "Bank Financial Restatements and Market Discipline"
with Raluca A. Roman, Second Quarter 2018 - "Do Adverse Oil Price Shocks Change Loan Contract Terms for Energy Firms?"
with Rajdeep Sengupta and David Rodziewicz, Fourth Quarter 2017 - "Banking on Distributed Ledger Technology: Can It Help Banks Address Financial Inclusion?"
with Jesse Leigh Maniff, Third Quarter 2017
Research Working Papers
- "Flight to Liquidity or Safety? Recent Evidence from the Municipal Bond Market"
with Huixin Bi, RWP 20-19 - "The U.S. Syndicated Loan Market: Matching Data"
with Gregory J. Cohen , Melanie Friedrichs, Kamran Gupta, William Hayes, Seung Jung Lee, Nathan Mislang, Maya Shaton, and Martin Sicilian, RWP 18-09 - "Competition and Bank Fragility"
with Rajdeep Sengupta, RWP 17-06
Economic Bulletin (formerly "The Macro Bulletin")
- "PPP Raised Community Bank Revenue but Lowered Profitability"
with Padma Sharma, December 2020 - "Understanding the Recent Rise in Municipal Bond Yields"
with Huixin Bi, Jacob Dice, and Chaitri Gulati, May 2020 - "How Have Banks Responded to Declining Reserve Balances?"
with Rajdeep Sengupta, August 2019 - "What's Driving Leveraged Loan Spreads?"
with Seung Jung Lee, February 2019 - "Trends in the Labor Share Post-2000"
with Didem Tuzemen and Thao Tran, December 2018
