Abstract
We follow Graddy and Margolis (2011) who study the financial returns obtained by investing in violins. Using the technique of repeat-sales regressions, we analyze if a masterpiece effect is present. We also look at the returns difference between violins sold at auctions and through dealers. In our empirical analysis, we document the existence of a positive masterpiece effect for violins.
| Translated title of the contribution | Masterpiece effects, evidence on the violins market |
|---|---|
| Original language | French |
| Place of Publication | 9 |
| Publisher | Revue bancaire et financière |
| Pages | 243 |
| Number of pages | 248 |
| Volume | 3 |
| Publication status | Published - 2014 |