Complexity and bank risk during the financial crisis

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• 作者：Thomas Krause ; ^{Thomas.Krause@iwh-halle.de} ; Talina Sondershaus ^{Talina.Sondershaus@iwh-halle.de} ; Lena Tonzer ^{Lena.Tonzer@iwh-halle.de}
• 关键词：G01 ; G20 ; G33
• 刊名：Economics Letters
• 出版年：2017
• 出版时间：January 2017
• 年：2017
• 卷：150
• 期：Complete
• 页码：118-121
• 全文大小：445 K
• 卷排序：150

文摘

We construct a novel dataset to analyze the evolution of banks’ complexity. We evaluate how complexity measures relate to bank stability during crisis times. The sample covers stock listed banks in the Euro area from 2007 to 2014. Bank stability is significantly affected by our complexity measures. However, the direction of the effect differs across the complexity measures.