We investigate the relationship between bank complexity and bank risk-taking using German banking data over the period 2005-2017. We find that more complex banking organizations tend to take on more risk, but that this complexity-risk nexus decreases over time. We study how regulatory...

Euroisation/dollarisation - the replacement of the domestic currency by a foreign currency, mostly the US dollar or the euro - has regained significant popularity in recent years, as it is generally regarded as a viable "corner solution" for exchange rate regimes. Part of its attractiveness is...