Fracking and mortgage default

Research English OPEN
Cunningham, Christopher R. ; Gerardi, Kristopher ; Shen, Yannan (2017)
  • Publisher: Atlanta, GA: Federal Reserve Bank of Atlanta
  • Subject: Q51 | R11 | G21 | mortgage default | hydraulic fracking | house prices | shale gas
    • ddc: ddc:330

This paper finds that increased hydraulic fracturing, or "fracking", along the Marcellus Formation in Pennsylvania had a significant, negative effect on mortgage credit risk. Controlling for potential endogeneity bias by utilizing the underlying geologic properties of t... View more
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