Death, Bereavement, And Creativity

Kathryn Graddy ()

No AWP-07-2015, ACEI Working Paper Series from Association for Cultural Economics International

Abstract: Does creativity, on average, increase or decrease during bereavement? Dates of death of relatives and close friends of 33 French artists and 15 American artists were gathered from electronic sources and biographies, and information on over 15,000 paintings was collected from Blouin's Art Sales Index and the Metropolitan Museum of Art's online collection, including over 12,000 observations on price. To preview the results, an event study indicates that prices of paintings decrease by over one-third on average in the two years following the death of a friend or relative. Furthermore, paintings that were created during this bereavement period are less likely to be included in the Met's collection.

Keywords: Auctions; economics of art (search for similar items in EconPapers)
Pages: 40 pages
Date: 2015-07, Revised 2015-07
New Economics Papers: this item is included in nep-cul and nep-his
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http://files.culturaleconomics.org/papers/AWP-07-2015.pdf (application/pdf)

Related works:
Journal Article: Death, Bereavement, and Creativity (2018)
Working Paper: Death, Bereavement, and Creativity (2015)
Working Paper: Death, Bereavement, and Creativity (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:cue:wpaper:awp-07-2015

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