Asriyan Lab

Research focus

ERC Consolidator Grant · 2025

Firms, Frictions and The Macroeconomy

A central question of economics is how scarce resources should be allocated among competing needs. Over the past two decades, economists and policy makers have come to increasingly appreciate the importance of market frictions – e.g., informational, or financial, - in hindering the efficiency of resource allocation. This in turn has led to an avalanche of carefully designed corrective policies: from those that address financial sector stability to those that aim to boost market competition. For example, the central bank interventions in secondary markets for asset-backed securities – markets plagued by information asymmetries during the great financial crisis of 2008-09, - proved crucial in…

From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.