Investment in art-markets in the countries with different levels of economic development: rate of return and risks
Some features of art-markets of the USA, Great Britain, Italy, Australia and Latin America covering the period from the middle of 20-th century to the beginning of the 21-th century are considered in the work. The results of investigations for the market for paintings and statistical data of annual...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Peoples’ Friendship University of Russia (RUDN University)
2010-09-01
|
| Series: | RUDN Journal of Economics |
| Subjects: | |
| Online Access: | http://journals.rudn.ru/economics/article/view/11807 |
| Summary: | Some features of art-markets of the USA, Great Britain, Italy, Australia and Latin America covering the period from the middle of 20-th century to the beginning of the 21-th century are considered in the work. The results of investigations for the market for paintings and statistical data of annual rate of return of different kinds of investments in Turkey are given. The conclusion of the possibility for the diversification of any portfolio by investing to art not only in the developed countries, but also in an environment of high inflation and large macroeconomic volatility is made. |
|---|---|
| ISSN: | 2313-2329 2408-8986 |