Downside return risk, or the covariance between stock returns and the market in bad states, performs significantly better compared to the single factor CAPM model. I construct a general equilibrium model and show that the same holds using firm policies rather than stock re-turns....

Climate change and the recent rapid expansion of residential areas into rural areas after the outbreak of COVID-19 expose more communities to the wildfire risk. This research adopts a unique database containing house transaction data from near the boundary of the Bushfire Prone Area (BPA), which...

In diesem Buch befinden sich 16 Kapitel, die 16 unterschiedliche, aber hochaktuelle Themen und Probleme im Brandschutz in Unternehmen abhandeln (16 Unterrichtseinheiten). Je Kapitel gibt es am Ende zehn Fragen mit je vier Antwortmöglichkeiten und am Schluss des Buchs finden Sie die...