Han Du - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T15:41:51+00:00Estimating Policy Functions in Payments Systems Using Reinforcement Learning
https://www.bankofcanada.ca/2021/02/staff-working-paper-2021-7/
We demonstrate the ability of reinforcement learning techniques to estimate the best-response functions of banks participating in high-value payments systems—a real-world strategic game of incomplete information.2021-02-01T09:44:50+00:00enEstimating Policy Functions in Payments Systems Using Reinforcement Learning2021-02-01Digital currencies and fintechFinancial institutionsFinancial system regulation and policiesPayment clearing and settlement systemsStaff Working Paper 2021-7https://www.bankofcanada.ca/wp-content/uploads/2021/02/swp2021-7.pdfEstimating Policy Functions in Payments Systems Using Reinforcement LearningPablo S. CastroAjit DesaiHan DuRodney J. GarrattFrancisco RivadeneyraFebruary 2021AA1A12CC7DD8D83EE4E42E5E58Technology Approach for a CBDC
https://www.bankofcanada.ca/2020/02/staff-analytical-note-2020-6/
In this note, we highlight a range of technical options and considerations in designing a contingent system for a central bank digital currency (CBDC) in Canada and explore how these options achieve stated public policy goals.2020-02-25T06:02:49+00:00enTechnology Approach for a CBDC2020-02-25