The Spectral Topology of Global Imbalances:A Graph-Theoretic Framework for Systemic Risk in the Balance of Payments

Chandrasekhar Gokavarapu, Sanjeev Kumar Chejarla, Balayya Rajana +2

We model global balance-of-payments linkages as a directed weighted exposure network and study systemic fragility through the spectrum of the associated operators. From a signed bi…