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Investments in art: opportunities and challenges

Author

Listed:
  • Pashkus, M.

    (the Department of economic theory and economic policyof the St. Petersburg State University)

Abstract

Art as an investment avenue has been considered an interesting and profitable alternative, but it is also extremely risky. These alternative investments' performance is alluring. Indices tracking the performance of high-class art have held up well in the recent economic slowdown, while art-auction houses report record prices. This article discusses the basic problems of investment in works of Art.

Suggested Citation

  • Pashkus, M., 2013. "Investments in art: opportunities and challenges," Annals of marketing-mba, Department of Marketing, Marketing MBA (RSconsult), vol. 2, July.
    • Handle: RePEc:mmb:journl:articl_v2_14_13
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    File URL: http://www.marketing-mba.ru/article/v2_13/PashkusM.pdf
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    References listed on IDEAS

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    1. Sonia Bhalotra & Arthur van Soest, 2004. "Birth Spacing and Neonatal Mortality in India: Dynamics, Frailty and Fecundity," Bristol Economics Discussion Papers 04/567, School of Economics, University of Bristol, UK.
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    Cited by:

    1. Vadim Pashkus & Natalia Pashkus & Anna Bulina, 2014. "Socio-cultural sphere: governance in new economy and impact on city branding," ERSA conference papers ersa14p420, European Regional Science Association.

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    More about this item

    Keywords

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    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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