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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/10012466957
We model how an increase in Work-from-Home (WFH) productivity differentially affects workers using a framework in which some workers cannot work offsite, some are hybrid, and some are completely remote. The improvement in WFH productivity increases housing demand and thus housing prices since...
Persistent link: https://www.econbiz.de/10015171687
We use data from Reserve Bank of India to study the impact of India's Golden Quadrilateral (GQ) highway project on finance-dependent activity. Loan volumes increase by 20-30% in districts along GQ and are stronger in industries more dependent upon external finance. Loan growth begins with...
Persistent link: https://www.econbiz.de/10014337823
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/10012467533
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/10012458227
This paper investigates the impact of equity markets and top incomes on art prices. Using a long-term art market index … equity market returns have a significant impact on the price level in the art market. Over a shorter time frame, we also find …
Persistent link: https://www.econbiz.de/10012463147
The twentieth century was a time of rapid globalization for advanced art. Artists from a larger number of countries made important contributions than in earlier periods, and they did so in a larger number of places. Many important innovations also diffused more rapidly, and more widely, than in...
Persistent link: https://www.econbiz.de/10012464642
their own lives. Yet art scholars have not analyzed a parallel practice in the visual arts, in which painters and sculptors … that was a consequence of the development of a competitive market for advanced art after the Impressionists' successful …
Persistent link: https://www.econbiz.de/10012464709
In 1958, the French philosopher Etienne Gilson observed that "painters are related to manual laborers by a deep-rooted affinity that nothing can eliminate," because painting was the one art in which the person who conceives the work is also necessarily the person who executes it. Conceptual...
Persistent link: https://www.econbiz.de/10012465946
For 35 leading painters who worked in France during the first century of modern art, this paper uses illustrations in French textbooks as the basis for measuring the importance of both painters and individual paintings. The rankings closely resemble those obtained earlier from a similar analysis...
Persistent link: https://www.econbiz.de/10012470458