CORDIS Project
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The FRICTIONS project explores financial market frictions and their impact on asset pricing and economic dynamics. It aims to develop models that account for these frictions and their implications for risk management and regulation.
Financial economics is at a crossroads:
Academics are struggling to redefine the theory of finance and practitioners and regulators to restructure the financial industry.
The current financial crisis will have significant impact on how we regulate financial markets and how we manage risk in companies and financial institutions.
It will continue to inspire an intense discussion and research agenda over the next decade in academics, in industry, and among financial regulators and a central focus w…
COPENHAGEN BUSINESS SCHOOL
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