Jackowicz, Krzysztof; Kowalewski, Oskar; Kozłowski, Łukasz - In: Contemporary economics 5 (2011) 4, pp. 18-31
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...