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13-152/IV - Does it pay to invest in Art? A Selection-corrected Returns Perspective


  • Authors
    Arthur Korteweg, Stanford Graduate School of Business, Stanford, California, United States of America; Roman Kräussl, Luxembourg School of Finance and the Center for Alternative Investments at Goizueta Business School, Emory University; Patrick Verwijmeren, Erasmus University Rotterdam, Duisenberg School of Finance,The Netherlands; University of Melbourne; University of Glasgow
  • Publication date
    October 3, 2013
  • Keywords
    Art investing, Selection bias, Asset allocation
  • JEL
    D44, G1, Z11