Is the Art Market Bubble Really About to Burst?

artnet news | Henri Neuendorf:

A recent study published in the Journal of Empirical Finance from the University of Luxembourg predicts that the seemingly ever-growing art market bubble is about to burst. Roman Kräussl, Thorsten Lehnert, and Nicolas Martelin from the Luxembourg School of Finance applied a new statistical method of detecting bubbles to over one million auction records from 1970 to 2014, focusing their research on the Impressionist and modern, post-war and contemporary, American, and Old Masters sectors of the market… Read more 

Image: Is the art market bubble about to burst? Photo: Spencer Platt via