Study at CEMFI

Taught by internationally recognized scholars, our program offerings are carefully designed to provide top-quality education.

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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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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Summer
School

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

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Undergraduate Summer Internships

An opportunity to gain valuable work experience in economic research and data analysis.

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Diploma in Banking Supervision

A one-term, full time program jointly organized with the Banco de España as in-house training for its junior supervisors.

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Recent publications

The Spanish personal income tax: Facts and parametric estimates
The Spanish personal income tax: Facts and parametric estimates

Esteban García-Miralles, Nezih Guner and Roberto Ramos

SERIEs - Journal of the Spanish Economic Association, 2019.

Investment Demand and Structural Change
Investment Demand and Structural Change

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

Econometrica, 2021.

Reforming the Individual Income Tax in Spain
Reforming the Individual Income Tax in Spain

Nezih Guner, Javier López Segovia and Roberto Ramos

SERIEs - Journal of the Spanish Economics Association, 2020.

Capital Accumulation and Structural Transformation
Capital Accumulation and Structural Transformation

Paula Bustos, Gabriel Garber and Jacopo Ponticelli

The Quarterly Journal of Economics, 2020.

Investment expensing and progressivity in flat-tax reforms
Investment expensing and progressivity in flat-tax reforms

Javier Díaz-Giménez and Josep Pijoan

SERIEs - Journal of the Spanish Economic Association, 2019.