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.

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Job Market Candidates

2022-2023 PhD Job Market Candidates in the academic market

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PhD in
Economics

A selective doctoral program that is endorsed by the quality of its placements and the career paths of its graduates.

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Research

Our faculty are leaders in their fields of expertise and regularly publish in the leading journals of Economics.

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Summer
School

Intensive, one-week courses covering the most recent developments in fields within CEMFI's range of expertise.

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Recent publications

Income Risk Inequality: Evidence from Spanish Administrative Records
Income Risk Inequality: Evidence from Spanish Administrative Records

Manuel Arellano, Stéphane Bonhomme, Micole De Vera, Laura Hospido and Siqi Wei

Quantitative Economics, 2022.

Synthetic Difference-in-Differences
Synthetic Difference-in-Differences

Dmitry Arkhangelsky, Susan Athey, David A. Hirshberg, David A. Hirshberg, Guido W. Imbens and Stefan Wager

American Economic Review, 2021.

Diffusion of Covid-19 in Social and Production Networks: Simulation Evidence from a Dynamic Model
Diffusion of Covid-19 in Social and Production Networks: Simulation Evidence from a Dynamic Model

Victor Aguirregabiria, Jiaying Gu, Yao Luo and Pedro Mira

Annals of Economics and Statistics, 2021.

Investment Demand and Structural Change
Investment Demand and Structural Change

Manuel García‐Santana, Josep Pijoan-Mas and Lucciano Villacorta

Econometrica, 2021.