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American historians of modern art routinely assume that after World War II New York replaced Paris as the center of the western art world. An analysis of the illustrations in French textbooks shows that French art scholars disagree: they rate Jean Dubuffet as the most important painter of the...
Persistent link: https://www.econbiz.de/10014109129
We empirically analyze the illicit trade in cultural property and antiques, taking advantage of different reporting incentives between source and destination countries. We thus generate a measure of illicit trafficking in these goods based on the difference between imports recorded in United...
Persistent link: https://www.econbiz.de/10012759789
argue that, to increase our understanding of the market for aesthetics, it is helpful to take a micro perspective on the … formation of art prices, and acknowledge that each artwork gives rise to a market for trading in its private-value benefits. We … organization of the art market for long-term price trends …
Persistent link: https://www.econbiz.de/10012856537
prominent. Auction market records reveal that during the past five decades the Yale School of Art has produced a series of …
Persistent link: https://www.econbiz.de/10013222650
Psychologists have found that the age at which successful practitioners typically do their best work varies across professions, but they have not considered whether these peak ages change over time, as economic models suggest they might. Using auction records, we estimate the relationship...
Persistent link: https://www.econbiz.de/10013223058
Tiebout's classic 1956 paper has strong implications regarding stratification across and within jurisdictions, predicting in the simplest instance a hierarchy of internally homogeneous communities ordered by income. Typically, urban areas are less than fully stratified, and the question arises...
Persistent link: https://www.econbiz.de/10013120986
In recent years, some English critics have claimed that Damien Hirst and his fellow young British artists have made London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure the importance of the YBAs compared to their American...
Persistent link: https://www.econbiz.de/10013252331
We present evidence that benefits from agglomeration concentrate within race. Cross-sectionally, the black-white wage gap increases by 2.5% for every million-person increase in urban population. Within cities, controlling for unobservable productivity through residential-tract-by-demographic...
Persistent link: https://www.econbiz.de/10013083808
We present new archival evidence on the price of vacant land in New York City between 1835 and 1900. Before the Civil War, the price of land per square foot fell steeply with distance from New York's City Hall located in the central business district. After the Civil War, the distance gradient...
Persistent link: https://www.econbiz.de/10013235639
. As a result, sale rates provide a useful quantity indicator of the strength of the art market. The data also indicate …
Persistent link: https://www.econbiz.de/10013130962