Measuring Returns on Investments in Collectibles
Bibliographic Data
| ID | 4029376 |
|---|---|
| Authors | Benjamin J Burton (Lehman Brothers, New York, New York.), Joyce P Jacobsen (0000-0002-4762-0165, Wesleyan University, Middletown, Connecticut.) |
| Year | 1999 |
| Volume | 13 |
| Issue | 4 |
| Pages | 193-212 |
| Publication date | 1999-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.13.4.193 |
| OpenAlex | W2052669023 |
| Language | EN |
| Citations received | 13 |
| References cited | 51 |
This paper considers the question of how to measure and interpret the financial return to investing in collectibles. We review various methodologies for creating priced indexes and then discuss studies that explicitly calculate a rate of return to some set of collectibles. While most collectibles appear to yield positive real returns, the majority embody more risk and yield lower financial returns than stocks. Other characteristics of collectibles prices, such as covariance with other asset prices, are also examined
Actuarial science · Collectable · Database · Econometrics · Economics · Financial economics · Aesthetic Perception and Analysis · Art History and Market Analysis · Computer Science · Law · Finance
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| Unique citing works | 13 |
|---|---|
| Citations per year | 0,68 |
| Citation span | 2007 - 2025 (19) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 12 |