No. 843 - Quantum Computing winks at statistics. Is it a good match?

Vai alla versione italiana Site Search

by Adriano Baldeschi and Giuseppe BrunoApril 2024

The development of quantum computers has greatly expanded the computational capabilities potentially available to analysts in recent years. This aims to assess to what extent these modern computational techniques can be used to solve statistical problems by applying 'quantum annealing' to a binary econometric model (Logit) commonly used to estimate the probability of certain events, such as the insolvency of an intermediary or the employment status of an individual at a certain date.

The results show that even at the current stage, it is possible to obtain estimates of simple econometric models on quantum computers comparable to those obtained on classical computers. Although quantum platforms are currently rather expensive and still unstable, these promising results highlight that further development of these platforms could lead to significant advancements in the field of empirical economic studies.

Full text