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FQBM Framework Summary

Core identity (Part I)

  • Accounting: ( A = L + E )
  • Open economy: ( A_{dom} + A_{ext} = L_{dom} + L_{ext} + E )

Every financial asset is someone elses liability (within or across borders).

Four-quadrant matrix

| Assets (Dr) | Assets (Cr) | Liabilities (Dr) | Liabilities (Cr) |

All monetary operations must balance across this structure.

Parts of the white paper

Part Topic
I Accounting foundation
II Closed-economy monetary dynamics (CB, commercial bank)
III Open-economy extension (BoP, parity)
IV Capital flows and FX dynamics
V Sovereign risk and CDS
VI Commodity shock channel
VII Shadow banking and leverage
VIII Derivatives clearing and CCP
IX CBDC and digital reserve architecture
X Empirical regression appendix
XI Historical case expansion
XII Quantitative stress tables
XIII Monte Carlo simulation framework
XIV Full system differential model
XV Policy implications
XVI Simulation workbook architecture (eight sheets)

This codebase implements the simulation workbook (Part XVI), Monte Carlo (XIII), differential model (XIV), and empirical regressions (Part X).