Lara Loewenstein
Federal Reserve Bank of Cleveland
Cleveland, OH
Research Economist
Lara Loewenstein is a research economist at the Federal Reserve Bank of Cleveland. Her research focuses on commercial and residential real estate and mortgage markets. Prior to joining the Cleveland Fed, Dr. Loewenstein was a research associate in the research department of the Federal Reserve Bank of Boston. She earned her BS in mathematics from the University of California, Los Angeles, and her MS and PhD in international economics and finance from Brandeis University. Ms. Lowenstein is a co-author of Federal Reserve Bank of Cleveland working papers: “Recourse as Shadow Equity: Evidence from Commercial Real Estate Loans”, Working Papers WP 21-20, September 2021, and “Evaluating the Benefits of a Streamlined Refinance Program” Working Papers WP 20-21, July 2020, as well as Federal Reserve Bank of Cleveland Economic Commentaries “Why Wasn’t there a Nonbank Mortgage Servicer Liquidity Crisis?”, Economic Commentary 2021-15, July 2021 and “Subprime May Not Have Caused the 2000s Housing Crisis: Evidence from Cleveland, Ohio” Economic Commentary 2020-25, October 2020.