国内艺术品投资的金融界视角 (1).pdfVIP

《上海金融》 年第 期 金融与经济 2011 4 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ! ! ! ! ! 国内艺术品投资的金融界视角 ! ! ! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 陈 晔 （上海师范大学， 上海 200234 ） 摘要： 2010 年是公认的中国艺术品金融元年。 艺术品投资具有流动性差、相关性小、收益性高、专业性强等 特征。 国际艺术品投资市场，在艺术品指数、艺术品投资基金、艺术品投资金融衍生品及艺术银行等作用下，已 相当成熟。 艺术品市场悄然成为新的重要投资选择。 但目前国内对艺术品投资的研究仅限于美术界，国内金融 界对艺术品投资市场的研究甚少，希望本文能够引起金融界对艺术品投资市场的关注。 关键词： 艺术品；投资；金融市场 中图分类号： 文献标识码： 文章编号： （ ） F830 A 1006－1428 2011 04-0017-11 Abstract: 2010 is recognized as the first year of Chinas artworks finance. Artworks investment is characteristic of low liquidity, low correlation, high profitability and strong professionalism. With the art index, art investment funds, art investment derivatives and art banks, international artworks investment market is quite mature. In recent years, the artworks market has become a new and important investment option. Yet the research of artworks investment is limited to the art community. Domestic financial community has very little research projects in this aspect. We hope that the article can arouse the attention of financial community for artworks investment market. Key words: Artworks; Investment; Financial Market 一般用以显示人们社会地位的炫耀性商品，被称 为韦伯伦商品（Veblen Goods ）。 理所当然，艺术品属于 韦伯伦商品，其吸引力随着价格的上升而增长。 当今发达国家， 艺术品市场已经成为