Análisis del comportamiento asimétrico de los costos en entidades financieras argentinas, comparando períodos pre-pandemia, pandemia y post-pandemia
Keywords:
Costos asimétricos, Entidades financieras, PandemiaAbstract
The short-term cost function assumes a symmetric proportionality between costs and activity level, that is cost change (increase or decrease) in the same proportion and direction when the company's level of activity changes. However, in practice, costs do not comply with this symmetric proportionality and present a different behaviour depending on the direction of change in the activity level.
This paper analyzes the asymmetric behaviour of total costs in financial entities in Argentina, comparing pre-pandemic, pandemic and post-pandemic periods.
The empirical regression model (ABJ model) based on the theory of management decisions, proposed by Anderson et al. (2003), was used to measure the behaviour of costs. The results indicated a lower asymmetry cost in pandemic and post-pandemic period.
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