Publication: Home is where your art is: the home bias of art collectors
Home is where your art is: the home bias of art collectors
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Steiner, L., Frey, B. S., & Resch, M. (2013). Home is where your art is: the home bias of art collectors (No. 135; Working Paper Series / Department of Economics).
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This paper analysis the global distribution of art collections and collectors´ biases with respect to the origin of artworks. Employing a unique dataset we find that the greatest number of private art collections are located in Europe, North America and Asia. There are relatively few collections in Latin America and Africa. The artists whose oeuvres dominate the markets for collected art come from North America, followed by Asian and European artists. The home bias in private art collections turns out to be strong in all continents an
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Steiner, L., Frey, B. S., & Resch, M. (2013). Home is where your art is: the home bias of art collectors (No. 135; Working Paper Series / Department of Economics).
