2 papers
econ.EM2026
Scale-Ordered Contagion: A Spectral Theory of Heterogeneous Information Adaptation in Financial Networks
Avishek Bhandari, Ipsita Parida
In this paper, an attempt is made to examine how the speed at which financial markets absorb information governs the way shocks travel between them. It may be noted that a market w…
econ.GN2026
What Drives Contagion? Identifying and Attributing Cross-Border Transmission Mechanisms
Avishek Bhandari, Ipsita Parida, Hitesh Kumar Sahu
We address the joint detection-and-attribution problem in cross-border financial contagion through a two-stage framework. The first stage applies wavelet-quantile transfer entropy…