Excellence in Research and Teaching
CEMFI is a leading graduate school in Economics in the heart of Madrid.
Master in Economics and Finance
A rigorous two-year program that successfully places students in the professional job market as well as in top doctoral programs.
See morePhD in
Economics
A selective doctoral program that is endorsed by the quality of its placements and the career paths of its graduates.
See moreUndergraduate Summer Internships
An opportunity to gain valuable work experience in economic research and data analysis.
See moreResearch
Our faculty are leaders in their fields of expertise and regularly publish in the leading journals of Economics.
See moreSummer
School
Intensive, one-week courses covering the most recent developments in fields within CEMFI's range of expertise.
See moreEvents
OCT
MadMac Seminar
Fernando Broner (CREI, UPF, and BSE) presents "Hegemonic Globalization" (joint with Alberto Martin, Josefin Meyer and Christoph Trebesch)
OCT
Econometrics Seminar
Nour Meddahi (Toulouse School of Economics) presents "Regressions with Heavy Tailed Variables"
OCT
MadMac Seminar
joint FIRMS - Hugo Hopenhayn (UCLA) presents "Big Push in Distorted Economies" (joint with Francisco Buera, Yongseok Shin and Nicholas Trachter)
OCT
Banking and Finance Seminar
Can Gao (University of St.Gallen) presents "No News is News: Volatility Speculation and Multidimensional Heterogeneous Beliefs"
OCT
Econometrics Seminar
Juan Rubio-Ramírez (Emory University) presents "Large SVARs" (joint with Jonas E. Arias and Minchul Shin)
News
Recent publications
Marcus Hagedorn, Lourii Manovskii and Kurt Mitman
American Economic Journal: Macroeconomics, 2025.
Fatih Karahan, Kurt Mitman and Brendan Moore
Journal of Political Economy, 2025.
Inés Berniell, Yarine Fawaz, Anne Laferrere, Pedro Mira and Elizaveta Pronkina
Social Science and Medicine, 2023.
Gilles Duranton and Diego Puga
Econometrica, 2023.
Jorge De la Roca, Gianmarco I. P. Ottaviano and Diego Puga
Journal of the European Economic Association, 2023.
Enrique Sentana
Journal of Econometrics, 2024.