Jonathan Chiu

Jonathan Chiu is a Senior Research Advisor at the Bank of Canada within the Banking and Payments Department (BAP), holding an adjunct academic appointment as an Adjunct Assistant Professor of Economics at Queen’s University. His research focuses on monetary theory, CBDCs, decentralized finance (DeFi), and financial infrastructure modernization.

Education: Ph.D. in Economics from the University of Western Ontario (2005). He teaches monetary theory at Queen’s University alongside his research role at the Bank of Canada.

Research Interests: Dr. Chiu’s work explores the intersection of central bank digital currencies, payment systems, and financial stability. Recent studies include analyzing CBDC impacts on traditional banking, modeling DeFi ecosystem dynamics, and evaluating risks in decentralized lending platforms. His research frequently addresses policy challenges in modernizing payment systems and regulating emerging digital assets.

Publications: Over 20 peer-reviewed papers and staff publications since 2011, including influential analyses on CBDC design, DeFi fragility, and BigTech payment strategies. His work bridges theoretical frameworks with practical policy implications for central banks and financial regulators.

Awards & Grants: No specific awards/grants mentioned in provided texts.

Labs/Teams: Active in the Bank of Canada’s research teams focusing on digital currencies, financial stability, and payment system innovation, contributing to policy discussions on Canada’s monetary framework.