Center for Financial Frictions

Center for Financial Frictions (FRIC) is a Center of Excellence established by the Danish National Research Foundation. FRIC investigates the impact of financial frictions on the prices of financial assets, on economic development and on the design and regulation of financial markets

FRIC research by Jens Dick-Nielsen and co-authors creates headlines again in the current discussion of the LCR (Liquidity Coverage Ratio) regulation in the EU
Jens Dick-Nielsen research
Keynote speakers for the FRIC’16 conference are now confirmed
FRIC'16 Keynotes slider
Ramona Westermann receives another grant from The Danish Council for Independent Research: the Sapere Aude Research Talent Grant 2016
Ramona Westermann grant
The six winners of the AQR Top Finance Graduate Award 2016 visited CBS Monday May 31 - see the event in pictures here
Winners AQR Top Finance Graduate Award 2016
Find all upcoming FRIC events here
FRIC events slider
Sign up for our mailing list here and receive information about our upcoming events
FRIC join our mailing list 2

The Center for Financial Frictions (FRIC) is a Center of Excellence funded by the Danish National Research Foundation.

The FRIC Center carries out theoretical and empirical analyses of the impact of financial frictions on the prices of financial assets, on economic development and on the design and regulation of financial markets.

FRIC investigates financial frictions, which are costs or impediments to financial transactions. Financial frictions occur for instance as a result of the varying ease by which financial assets are traded (their liquidity), the transactions costs, borrowing constraints, credit risk, capital requirements for financial institutions, and asymmetric information among market participants.

Through a theoretical and empirical approach, the FRIC center analyzes the impact of financial frictions on the prices of financial assets, on economic development and on the design and regulation of financial markets.

If you wish to learn more about FRIC, we invite you to take a look around our website.

You can find FRIC activities, including upcoming conferences, seminars, practitioner seminars and workshops under FRIC events

FRIC VIDEOS
We have made 4 videos in which Center Director David Lando explains about Frictions, Liquidity, American call options and Capital demands for banks (in Danish). These videos were produced in connection with the FRIC Center's participation in the Science in the City Festival 2014 and you can find the videos, if you visit Public Outreach here.

The page was last edited by: Center for Financial Frictions // 06/21/2016

FRIC logo

Contact

Center for Financial Frictions (FRIC)
Copenhagen Business School
Solbjerg Plads 3
2000 Frederiksberg
Email: fric@cbs.dk