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The Great Fire of London in 1666 reshaped the architecture of London and was a factor in establishing the City as a … place of financial innovation. Fire insurance did not emerge immediately after that event because of the difficulties in … establishing a viable scheme. Nevertheless, the fire and the enthusiasm for financial speculation brought various experiments that …
Persistent link: https://www.econbiz.de/10012980642
This article examines the history of fire protection in London from the Great Fire of 1666 to the present and argues … that many of the popular perceptions of market failure in the provision of fire protection that are repeated in standard … economics textbooks are in fact myths. In reality, fire protection began in the private sector and only transferred to the …
Persistent link: https://www.econbiz.de/10014062438
long-term history of that fire ecology, its local and regional frequencies, its relationship to climate history. It asks … for the visual and narrative representation of that threat in every-day life. Institutional forms of fire insurance … emerged in the form of private joint stock companies (the British model, starting in 1681) or in the form of cameralist fire …
Persistent link: https://www.econbiz.de/10012382185
of fire insurances emerged as a post-disaster instrument of damage recovery. During the nineteenth century, insurance …: -- 1 The "Reality" of the Danger: Fire Cycles, Fire Frequencies -- 1.1 The "Fire Gap" -- 1.2 8,200 Fires in Germany and … Austria -- 1.3 Trends in Fire Frequencies According to Fire Insurance Statistics -- 1.4 War and Fire Trends -- 1.5 Climate and …
Persistent link: https://www.econbiz.de/10014516714
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to nearby municipalities for at least a month. In this study, we use longitudinal income tax data from 2004 to 2018, to … drop in total income of 9.5% on average in the seven years following the wildfire, mainly explained by a decrease in … employment income. Effects are concentrated in males, and workers in the forestry and agriculture and oil and gas sectors. Based …
Persistent link: https://www.econbiz.de/10014263092
Persistent link: https://www.econbiz.de/10010222902
Natural disasters cause economic damages and may exacerbate disparities in income distribution among countries across … the globe. This article employs satellite data on real-time active fire locations to evaluate the short-term impact of … and intensity of fire events, the study employs year and country fixed effects to show that wildfires exacerbate economic …
Persistent link: https://www.econbiz.de/10013548956
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