Art as an Investment in Poland – The First 20 Years after The Collapse of the Central Planning Economy

Tomasz Potocki; Anna Rogozińska

doi:10.1515/fiqf-2016-0116

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Art as an Investment in Poland – The First 20 Years after The Collapse of the Central Planning Economy

Financial Internet Quarterly

Volume 11 (2015): Issue 3 (September 2015)

By: Tomasz Potocki and Anna Rogozińska

Open Access

|Feb 2017

Abstract

The article aims at answering the following research question: is the Polish art market mature enough to look at art investment as an important element of portfolio diversification? To provide an answer, the Authors analyzed auctions in Poland from the period 1991-2010, which were published by Art&Business magazine. The number of the analyzed records amounted to 28951. The conclusions may be valuable for researchers specializing in art economics, investors dealing with wealth transfer, financial advisors offering financial products as well as for policy makers responsible for providing institutional infrastructure essential for development of the Polish art market.

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Articles in this issue

DOI: https://doi.org/10.1515/fiqf-2016-0116 | Journal eISSN: 2719-3454

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Language: English

Page range: 22 - 33

Submitted on: Oct 6, 2014

Accepted on: Aug 24, 2015

Published on: Feb 8, 2017

Published by: University of Information Technology and Management in Rzeszow

In partnership with: Paradigm Publishing Services

Publication frequency: 4 issues per year

Keywords:

art investment,

art market,

portfolio diversification,

alternative investments,

emotional investments,

Poland

Related subjects:

Business and economics,

Political economics,

Economic theory, systems and structures,

Microeconomics,

Macroeconomics,

Public finance and fiscal theory

© 2017 Tomasz Potocki, Anna Rogozińska, published by University of Information Technology and Management in Rzeszow
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Volume 11 (2015): Issue 3 (September 2015)