The techniques used to model economies have been advancing rapidly with the evolution of Big Data and Artificial Intelligence. Using the available techniques, economists can simulate information from reality to make predictions about the future and address policy questions raised in our themes. ERSA supports the development and wider use of economic models through the SAMNet Initiative. In this way, we explore how new datasets can be brought to the research community.

• How can new generation data driven models be used to forecast key macroeconomic variables and complement structural forecasting tools?
• How can a large economy DSGE model incorporating financial sector dynamics be developed to assist key policy questions?
• Which models can be used to investigate the equilibrium exchange rate, neutral exchange rate and potential GDP growth?