David, Geraldine - Centre Emile Bernheim, Solvay Brussels School of … - 2014
constructs, on basis of an original database of 22,000 entries, an art price index for the French art market during WWI and the … economy imposed by the Nazis. Indeed during WWI artworks underperformed gold, real-estate, bonds and stocks in terms of risk … artworks and old masters during WWI as these were less volatile at the time. …