Friday, August 29, 2008

Trading Frictions in Asset Markets: Unexploited Applications to FTT Research?

The Spring 2008 edition of the LAEF Newsletter has summaries of interesting articles presented at the "Trading Frictions in Asset Markets" conference, which was held on the UCSB campus in December 2007. It appears to me that there's a mostly unexploited connection between this line of research and the research on financial transactions taxes (FTTs) such as the bank account debits tax (BAD tax), exemplified by the defunct (RIP) Brazilian CPMF. Researchers interested on FTTs may want to take a look at what the trading friction Folks have been writing recently.

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