Title:

The Influence of the Global Financial Crisis on the Chinese Art Market

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Chiński rynek sztuki a globalny kryzys finansowy

Creator:

Piechaczek, Anna

Subject and Keywords:

Chinese art market ; global economic crisis ; art investments ; art finance

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 125, s. 109-120

Abstrakt:

Investment in art is not considered the mainstream asset class. Art is incorporated into portfolios to diversify them. The art market seems to be less subject to macroeconomic aspects than other investment areas and during turbulences on the stock exchange some investors decide to use alternative forms of capital allocation (including investments in paintings and sculptures). However, the art market suffers adverse consequences of the global financial crash as well, which can be easily observed in particular on the emerging art markets. The purpose of this paper is to show how the financial crisis influences the major emerging art market which is the Chinese art market.

Publisher:

Publishing House of Wrocław University of Economics

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Language:

eng

Relation:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 125 ; Financial Sciences, vol. 3

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Dofinansowano z programu "Społeczna odpowiedzialność nauki" Ministra Edukacji i Nauki (SONB/SP/546390/2022). Tytuł projektu: Upowszechnienie zawartości czasopisma Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu