Investment in art-markets in the countries with different levels of economic development: rate of return and risks

Cover Page


Some features of art-markets of the USA, Great Britain, Italy, Australia and Latin America covering the period from the middle of 20-th century to the beginning of the 21-th century are considered in the work. The results of investigations for the market for paintings and statistical data of annual rate of return of different kinds of investments in Turkey are given. The conclusion of the possibility for the diversification of any portfolio by investing to art not only in the developed countries, but also in an environment of high inflation and large macroeconomic volatility is made.

About the authors

N V Yakovleva

Peoples' Friendship University of Russia

Email: <>
Peoples' Friendship University of Russia




Abstract - 290

PDF (Russian) - 120


Copyright (c) 2016 Economics

This website uses cookies

You consent to our cookies if you continue to use our website.

About Cookies