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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
What Central Banks Can Learn from It
 Brázdik, František ; Hlaváček, Michal ; Maršál, Aleš
This survey gives insight into the ongoing research in financial frictions modeling. The recent financial turmoil has fueled interest in operationalizing financial frictions concepts and introducing them into tools for policy makers. The rapid growth of the literature on these issues is the motivation for our review of the presented approaches. The empirical facts that motivate the inclusion of financial frictions are surveyed.
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