Ann Marie Wiersch |

Senior Policy Analyst


Ann Marie Wiersch, Senior Policy Analyst

Ann Marie Wiersch is a senior policy analyst in the Community Development Department at the Federal Reserve Bank of Cleveland. Her work focuses primarily on small business issues, especially access to credit. She has conducted analysis on a range of policy issues, including entrepreneurship trends, small business employment, household debt and student loans, and state and local government finance. Ms. Wiersch has presented research on small business challenges at both academic and practitioner conferences, and in December 2013, she testified on the topic before a Federal Congressional subcommittee.

Ms. Wiersch began her career at the Cleveland Reserve Bank in 1999 as a financial analyst in the Accounting Department. She transferred to the Financial Management Department in 2003, and was promoted to senior financial analyst. In 2009, she transitioned to a policy analyst role in the Research Department, where she worked on a range of issues related to small business with an emphasis on policy implications, and state and local government finance. She assumed her current position in January, 2014.

Ms. Wiersch holds a bachelor’s degree in business administration from Bowling Green State University and an MBA from Cleveland State University.

  • Fed Publications
Title Date Publication Author(s) Type

 

January, 2014 Vol. 5, No. 1 Ann Marie Wiersch; Forefront
Abstract: Access to credit and workforce issues are top of mind for small businesses.

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January, 2014 Vol. 5, No. 1 Ann Marie Wiersch; Forefront
Abstract: With student loan debt now exceeding all other forms of consumer debt, should the Fed be keeping an eye on its trajectory? Find out the answer here.

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January, 2014 Vol. 5, No. 1 Ann Marie Wiersch; Forefront
Abstract: For students, the cost of a four-year college education is close to triple what it was three decades ago.

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December, 2013 Ann Marie Wiersch; Testimony
Abstract: Statement to the committee on the state of small business lending.

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November, 2013 Web Exclusives; Vol. 4, No. 2 Ann Marie Wiersch; Forefront
Abstract: Everybody agrees that small businesses aren't borrowing as much as they did before the recession. Nobody, it seems, agrees why.

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October, 2013 Ann Marie Wiersch; Report
Abstract: While many large businesses have reported record earnings and strong fundamentals, data show that small businesses have not fared nearly as well since the recession. To gather information on the experiences of small businesses, the Federal Reserve Bank of Cleveland conducted a survey in July and August 2013. The survey included questions about business conditions, financing, and workforce needs. The results are presented in this report.

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2013-10 Ann Marie Wiersch; Scott Shane; Economic Commentary
Abstract: Since the Great Recession, bank lending to small businesses has fallen significantly, and policymakers have become concerned that these businesses are not getting the credit they need. Many reasons have been suggested for the decline. Our analysis shows that it has multiple sources, which means that trying to address any single factor may be ineffective or make matters worse. Any intervention should take all of the many causes of the decline in small business lending into consideration.

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