GDP-Driven Structural and Dynamical Heterogeneity in the Synchronization of Chaotic Macroeconomic Networks (opens in new tab)

We investigate the emergence of synchronization in a network of coupled chaotic macroeconomic systems. Each node represents an economy characterized by three key variables savings, gross domestic product (GDP), and foreign capital inflows. These economies interact or are connected through a fitness-based probability that depends on the potential GDP of each node. This formulation allows both structural heterogeneity, arising from uneven networ...