Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/55886
Authors: 
Jackowicz, Krzysztof
Kowalewski, Oskar
Kozłowski, Łukasz
Year of Publication: 
2011
Citation: 
[Journal:] Contemporary Economics [ISSN:] 1897-9254 [Volume:] 5 [Year:] 2011 [Issue:] 4 [Pages:] 18-31
Abstract: 
This article investigates the scale of performance persistence in the Central European banking industry. Contrary to the existing literature, we test not only for the short-term performance persistence but we propose also a novel method of analyzing the long-term persistence. Using an extensive dataset, covering the 1992-2009 period, we establish that banks' results are strongly persistent in two-years sub-periods as well as in the long-run. Moreover, we find that the strength of studied phenomenon is not significantly influenced by the macroeconomic environment, banks size and capital base and country-specific factors.
Subjects: 
performance persistence
banks profitability
emerging economies
JEL: 
G21
Persistent Identifier of the first edition: 
Document Type: 
Article
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