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The Rate of Return to Storing Wines

Bibliographic Data

ID10177930
AuthorsWilliam S Krasker (corresponding author)
Year1979
Volume87
Issue6
Pages1363-1367
Publication date1979-12-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueJournal of Political Economy (JOURNAL)
Journal identifiersISSN: 0022-3808 • E-ISSN: 1537-534X
PublisherUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/260840
OpenAlexW1966505155
LanguageEN
Citations received3

This paper contains an empirical investigation of the rate of return to storing wine. The view commonly expressed in the wine literature that this return is very large is found to be inconsistent with the recent history of wine prices. In fact, the data suggest that the expected return to storing wine is no larger than the return to riskless assets

Econometrics · Economics · Expected return · Financial economics · Rate of return · Wine · Art History and Market Analysis · Chemistry · Finance · Food Science · Wine Industry and Tourism

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Unique citing works3
Citations per year0,07
Citation span1981 - 1999 (19)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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