期刊名称：Federal Reserve Bank of Atlanta Economic Review
印刷版ISSN：0732-1813
出版年度：2007
卷号：92
期号：03
出版社：Federal Reserve Bank of Atlanta
摘要：Defined simply as anything that interferes with trade, financial market frictions can exist even in efficient markets. Understanding financial market frictions is important, this article argues, because they generate real costs to investors, because they generate business opportunities, and because they change over time.
