Porporato, Marcela; Werbin, Eliana - In: International Journal of Financial Services Management 5 (2012) 4, pp. 303-320
. Recent studies on sticky costs challenged this assumption. This study shows that sticky costs were observed in banks of … Argentina, Brazil and Canada in 2004-2009. Total costs are sticky because the magnitude of the increase associated with an … increase in the volume of activity (Argentina 0.60%, Brazil 0.82% and Canada 0.94%) is larger than the magnitude of the fall …