Reinforcement Learning in Macroeconomic Policy Design: A New Frontier?

Agent-based computational macroeconomics is a field with a rich academic history, yet one which has struggled to enter mainstream policy design toolboxes, plagued by the challenges associated with representing a complex and dynamic reality. The field of Reinforcement Learning (RL), too, has a rich history, and has recently been at the centre of several exponential developments. Modern RL implementations have been able to achieve unprecedented levels of sophistication, handling previously-unthinkable degrees of complexity. This review surveys the historical barriers of classical agent-based techniques in macroeconomic modelling, and contemplates whether recent developments in RL can overcome any of them.

BaIT: Barometer for Information Trustworthiness

This paper presents a new approach to the FNC-1 fake news classification task which involves employing pre-trained encoder models from similar NLP tasks, namely sentence similarity and natural language inference, and two neural network architectures using this approach are proposed. Methods in data augmentation are explored as a means of tackling class imbalance in the dataset, employing common pre-existing methods and proposing a method for sample generation in the under-represented class using a novel sentence negation algorithm. Comparable overall performance with existing baselines is achieved, while significantly increasing accuracy on an under-represented but nonetheless important class for FNC-1.