TY - JOUR
T1 - On the idiosyncrasies of the labour Market for visual artists
T2 - striking features, a formal model, and suggestions for further work
AU - Hartog, Joop
AU - Kackovic, Monika
N1 - Publisher Copyright:
© 2018 The Authors. LABOUR published by Fondazione Giacomo Brodolini and John Wiley & Sons Ltd
Copyright:
Copyright 2019 Elsevier B.V., All rights reserved.
PY - 2019/6
Y1 - 2019/6
N2 - Labour markets for visual artists active on the primary art market are characterized by the oversupply of producers, strong product heterogeneity, elusive buyer tastes, and highly uncertain incomes. Self-employment is the rule, and often, in combination with other (non)art-related work. First, we describe these features and provide empirical evidence for the Netherlands. Second, we build an analytical model by adjusting the standard model of labour supply to allow for these features. Third, we provide further suggestions for empirical work focusing on career dynamics in markets with extreme uncertainty.
AB - Labour markets for visual artists active on the primary art market are characterized by the oversupply of producers, strong product heterogeneity, elusive buyer tastes, and highly uncertain incomes. Self-employment is the rule, and often, in combination with other (non)art-related work. First, we describe these features and provide empirical evidence for the Netherlands. Second, we build an analytical model by adjusting the standard model of labour supply to allow for these features. Third, we provide further suggestions for empirical work focusing on career dynamics in markets with extreme uncertainty.
UR - http://www.scopus.com/inward/record.url?scp=85058009925&partnerID=8YFLogxK
U2 - 10.1111/labr.12140
DO - 10.1111/labr.12140
M3 - Article
AN - SCOPUS:85058009925
SN - 1121-7081
VL - 33
SP - 162
EP - 186
JO - Labour
JF - Labour
IS - 2
ER -
