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All fired up: the growth of fire insurance in Sweden, 1830-1950
Umeå universitet, Samhällsvetenskapliga fakulteten, Institutionen för ekonomisk historia.ORCID-id: 0000-0002-3293-2318
Umeå universitet, Samhällsvetenskapliga fakulteten, Institutionen för ekonomisk historia.
2010 (engelsk)Inngår i: Financial History Review, ISSN 0968-5650, E-ISSN 1474-0052, Vol. 17, nr 1, s. 99-117Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

In this article we investigate supply and demand factors that have been put forward to explain the growth of fire insurance markets in Sweden during the financial revolution. We show that income growth and urbanisation fostered the demand for fire insurance. The supply of fire insurance, on the other hand, helps explain financial market development. Fire insurance assisted in mortgaging fixed assets, such as houses, through guaranteeing them as collateral. On both the upply side and the demand side, fire insurance was a key factor of the financial revolution in Sweden.

sted, utgiver, år, opplag, sider
Cambridge Journals , 2010. Vol. 17, nr 1, s. 99-117
Emneord [en]
Insurance, financial revolution, Sweden, household consumption, economic growth
HSV kategori
Forskningsprogram
ekonomisk historia
Identifikatorer
URN: urn:nbn:se:umu:diva-33037DOI: 10.1017/S0968565009990151Lokal ID: 881253OAI: oai:DiVA.org:umu-33037DiVA, id: diva2:309672
Prosjekter
Finansiell omvandling och ekonomisk tillväxtThe historical development of the Swedish insurance industry
Forskningsfinansiär
Riksbankens Jubileumsfond, P2006-0679:1-ETilgjengelig fra: 2010-04-08 Laget: 2010-04-08 Sist oppdatert: 2019-02-15bibliografisk kontrollert

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