THE LABOR MARKET IN THE ART SECTOR OF BAROQUE ROME

C-Tier
Journal: Economic Inquiry
Year: 2015
Volume: 53
Issue: 1
Pages: 365-387

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We analyze the labor market for painters in Baroque Rome using unique data on primary sales of portraits, still lifes, genre paintings, landscapes, and figurative paintings. In line with the traditional artistic hierarchy of genres, average price differentials between them were high. The matched painter‐patron nature of the dataset allows us to evaluate the extent to which price heterogeneity is related to unobservable characteristics of painters and patrons. We find that the market allocated artists between artistic genres to the point of equalizing the marginal return of each genre. Residual price differences at the employer level can be explained in terms of incentive mechanisms to induce effort in the production of artistic quality and compensating wage differentials. (JEL C23, D8, J3, Z11)

Technical Details

RePEc Handle
repec:bla:ecinqu:v:53:y:2015:i:1:p:365-387
Journal Field
General
Author Count
3
Added to Database
2026-01-25