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Full-Text Articles in Econometrics

What Drives The Fracking Boom Crime Relationship? A Fixed-Effects Analysis Of Crime During The Pennsylvania Fracking Boom, Webster Batista-Lin Mar 2022

What Drives The Fracking Boom Crime Relationship? A Fixed-Effects Analysis Of Crime During The Pennsylvania Fracking Boom, Webster Batista-Lin

Masters Theses

The rapid expansion of hydraulic fracturing(fracking) over the past two decades has led to an increasing interest in the relationship between natural resource booms and crime. Since the onset of the fracking boom, numerous anecdotal accounts and an increasing body of empirical studies have suggested that fracking has a significant, positive impact on crime. However, the mechanisms behind this relationship are poorly understood. This study uses a high-resolution dataset and a unique, fixed-effects approach to decompose the effect that fracking has on crime into increases due to the introduction of new wells and increases due to the presence of existing …


Three Essays On U.S. Household Debt And The Sources Of Systemic Financial Fragility, Thomas Herndon Nov 2016

Three Essays On U.S. Household Debt And The Sources Of Systemic Financial Fragility, Thomas Herndon

Doctoral Dissertations

This dissertation consists of three essays which analyze the role of household debt in the financial crisis of 2007-2009, and weak recovery that followed. In these essays, I pursue the following research topics: 1) Estimation of the effects of mortgage fraud on losses to foreclosure, 2) Estimation of whether loan modifications increased or decreased debt, and 3) Analyzing the historical evolution of housing finance regulation to advance a proposal for reform. While formally independent, these essays share a common theoretical perspective located at the intersection of financial macroeconomics and political economy. These essays analyze how conflicts of interest and inside …