The topics of the workshop include large dimensional panel data, factor models, random matrix theory, sparse high-dimensional models, model selection, model averaging, large financial data, and other high-dimensional econometric models.

Dynamic stochastic general equilibrium models (DSGE) command wide support among macroeconomists as a modeling methodology. In addition, they are widely used by policy institutions for both policy assessments and forecasting exercises. Nevertheless, there is much less agreement about the details...