David, Géraldine; Li, Yuexin; Oosterlinck, Kim; … - 2022
Is art a safe haven in times of political or financial crisis? We trace the long-term performance of the UK art market … during world wars, economic recessions, financial crises, inflationary periods, and changes in monetary policy. We … crises, with the largest slumps occurring in the Post-WWI recession, the Great Depression, the oil crisis, the recessions of …