<abstract xmlns="http://www.w3.org/1999/xhtml"><p> 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&amp;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.</p></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.

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

Financial Internet Quarterly

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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...

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

Published Online: Feb 08, 2017

Page range: 22 - 33

Received: Oct 06, 2014

Accepted: Aug 24, 2015

DOI: https://doi.org/10.1515/fiqf-2016-0116

Keywords
art investment, art market, portfolio diversification, alternative investments, emotional investments, Poland

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

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

Published Online: Feb 08, 2017

Page range: 22 - 33

Received: Oct 06, 2014

Accepted: Aug 24, 2015

DOI: https://doi.org/10.1515/fiqf-2016-0116

Keywordsart investment, art market, portfolio diversification, alternative investments, emotional investments, Poland

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
art investment, art market, portfolio diversification, alternative investments, emotional investments, Poland