Josep Pijoan-Mas

Current Positions

Professor of Economics, CEMFI

Research Fellow, CEPR

MadMac co-organizer

Visiting Fellow at Princeton University (until June 2025)


Curriculum Vitae

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Contact details

Address  Casado del Alisal 5, 28014 Madrid

Email  pijoan [at] cemfi [dot] es

Phone  +34 91 429 0551



Research interests:

  • Heterogeneity and the Macroeconomy: consumption, savings, labor supply, health
  • Growth and Macroeconomic Development: structural change, firm dynamics, misallocation


Recent working papers:

  • Buy Big or Buy Small? Procurement Policies, Firms’ Financing, and the Macroeconomy; working paper, June 2025
  • Education, Lifestyles, and Health Inequality; CEPR DP19990, March 2025 
  • Dual Labor Markets and the Equilibrium Distribution of Firms; CEPR DP17762, May 2024 
  • Macroeconomic Development, Rural Exodus, and Uneven Industrialization; CEPR DP17086, December 2022


CEMFI building (at c/ Casado del Alisal 5, Madrid), two pictures more than 100 years apart