Krause, Thomas; Sondershaus, Talina; Tonzer, Lena - 2016
We construct a novel dataset to measure banks' complexity and relate it to banks' riskiness. The sample covers stock … listed Euro area banks from 2007 to 2014. Bank stability is significantly affected by complexity, whereas the direction of … the effect differs across complexity measures. This heterogeneity advises against the use of a single complexity measure …