haku: @indexterm ART MARKET / yhteensä: 45
viite: 16 / 45
| Tekijä: | Flores JR., R. G. Ginsburgh, V. Jeanfils, P. |
| Otsikko: | Long- and short-term portfolio choices of paintings |
| Lehti: | Journal of Cultural Economics
1999 : AUG, VOL. 23:3, p. 193-210 |
| Asiasana: | ART MARKET INVESTMENTS PORTFOLIO SELECTION |
| Kieli: | eng |
| Tiivistelmä: | In New York, Paris and London markets, prices of well-known and lesser known painters are cointegrated. Therefore an investor may be indifferent between the two groups of painters. This is not the case, since well-known painters are less risky, and though returns may be comparable, the share of well-known painters in a portfolio might be as high as 90%. |
SCIMA