Sentiment and art prices

Authors :: Penasse, J.N.G.
Renneboog, L.D.R.
Spaenjers, C.
Penasse, J.N.G.
Renneboog, L.D.R.
Spaenjers, C.
Source :: Economics Letters vol.112 (2014) nr.3 p.432-434 [ISSN 0165-1765]
Publication Year :: 2014
Abstract: We hypothesize the existence of a slow-moving fad component in art prices. Using unique panel survey data on art market participants’ confidence levels in the outlook for a set of artists, we find that sentiment indeed predicts short-term returns.

Database :: OAIster
Journal :: Economics Letters vol.112 (2014) nr.3 p.432-434 [ISSN 0165-1765]
Notes :: DOI: 10.1016/j.econlet.2014.01.008, Economics Letters vol.112 (2014) nr.3 p.432-434 [ISSN 0165-1765], English
Publication Type :: Electronic Resource
Accession number :: edsoai.on1395229529
Document Type :: Electronic Resource