Fine wine returns: A review of the literature

E Le Fur, JF Outreville - Journal of Asset Management, 2019 - Springer
This paper provides a critical review of research on fine wine returns issues. To date, no
review article has assessed the various findings of studies analyzing the benefits of wine …

Wine prices in economics: A bibliometric analysis

E Le Fur, AS Thelisson, O Guyottot - Strategic Change, 2024 - Wiley Online Library
This article presents a literature review and a bibliometric analysis of academic research on
wine prices in economics. The study comprises a review of 180 articles published in journals …

What can we learn from the analysis of the fine wines market efficiency?

HB Ameur, Z Ftiti, E Le Fur - International Journal of Finance & …, 2024 - Wiley Online Library
This study analyzes the efficiency hypothesis for three major wine indices using different
parametric and non‐parametric tests for the short and long‐term horizons. Based on monthly …

Analyzing the risks of an illiquid and global asset: The case of fine wine

P Masset, JP Weisskopf, JM Cardebat, B Faye… - The quarterly review of …, 2021 - Elsevier
We use a unique and very deep database to examine the performance of wine investments
over the period 2003–2014. Our results reveal that the returns stemming from those …

Macroeconomic determinants of wine prices

L Jiao - International Journal of Wine Business Research, 2017 - emerald.com
Purpose The purpose of this paper is to identify the macroeconomic determinants of fine-
wine prices and estimate their impacts. Design/methodology/approach The author models …

Risk and return of classic car market prices: passion or financial investment?

E Le Fur - Journal of Asset Management, 2023 - Springer
This paper examines the risk and returns of classic car price indices over the 1994–2021
period. We calculate the central tendency, dispersion, shape of risk and returns, the unit root …

The influence of economic policy uncertainty and business cycles on fine wine prices

H Ben Ameur, E Le Fur, J Pillot - Computational Economics, 2023 - Springer
This study investigates the impact of both economic policy uncertainty (EPU) and business
cycles on the fine wine market. We use a nonlinear autoregressive distributed lag model to …

Rare whiskies' market: new Eldorado for investors and collectors?

E Le Fur - Managerial Finance, 2023 - emerald.com
Rare whiskies' market: new Eldorado for investors and collectors? | Emerald Insight Books and
journals Case studies Expert Briefings Open Access Publish with us Advanced search Rare …

Exogeneous shocks, risk, and market convergence of real alternative and financial assets: evidence from nonlinear dynamics

B Faye, E Le Fur, S Prat - Annals of Operations Research, 2024 - Springer
This article investigates the dynamic process of convergence among a set of real alternative
(art, fine wine, gold, residential real estate) and financial assets in the US context over the …

Message in a bottle: Forecasting wine prices

B Algieri, L Iania, A Leccadito, G Meloni - Journal of Wine Economics, 2024 - cambridge.org
Can we predict fine wine and alcohol prices? Yes, but it depends on the forecasting horizon.
We make this point by considering the Liv-ex Fine Wine 100 and 50 Indices, the retail and …