HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Journal articles

Sentiment and art prices

Julien Pénasse 1 Luc Renneboog 2 Christophe Spaenjers 3
1 ESSEC Business School
2 CentER
3 GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC
Abstract : We hypothesize the existence of a slow-moving fad component in art prices. Using unique panel survey data on art market participants' confidence levels in the outlook for a set of artists, we find that sentiment indeed predicts short-term returns.
Keywords : Art Return predictability Sentiment Fads
Document type :
Journal articles
Complete list of metadata
https://hal-hec.archives-ouvertes.fr/hal-00982427
Contributor : Antoine Haldemann Connect in order to contact the contributor
Submitted on : Wednesday, April 23, 2014 - 6:26:04 PM
Last modification on : Monday, February 12, 2018 - 3:36:01 PM

Identifiers

Collections

HEC | ESSEC | PARISTECH | CNRS

Citation

Julien Pénasse, Luc Renneboog, Christophe Spaenjers. Sentiment and art prices. Economics Letters, Elsevier, 2014, 122 (3), pp.432-434. ⟨10.1016/j.econlet.2014.01.008⟩. ⟨hal-00982427⟩

Export

BibTeX TEI DC DCterms EndNote Datacite

Share

Metrics

Record views

96