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Event Date Tue Jun 19 EDT (over 6 years ago)
Region All
Details

How Fracking Affects Home Values

The boom in hydraulic fracturing, or "fracking," created a surge in economic activity in certain parts of the country. This surge combined with some of the downsides of fracking made the situation an ideal laboratory to study the effects of a big labor market shock, specifically its impact on house values and mortgage defaults. Chris Cunningham, a research economist with the Federal Reserve Bank of Atlanta, has recently examined how fracking in Pennsylvania impacted mortgage markets and what this impact tells us about borrower behavior. Join us for the next ECONversations as we discuss this work.

ECONversations explore the economics behind subjects like oil prices, the cost of living, gross domestic product, and now fracking. Have a question about fracking and home prices? Tune in and ask Chris during the live webcast.

Speakers

2018 Speaker

Chris Cunningham
research economist, Federal Reserve Bank of Atlanta