05/05/2026
Scholarships for the III CEMFI School of Economics on “Housing Markets: Constraints, Crisis, and Implications for Households” at UIMP in Santander

CEMFI grants 10 scholarships for students attending the III CEMFI School of Economics on “Housing Markets: Constraints, Crisis, and Implications for Households”, which will take place at the Universidad Internacional Menéndez Pelayo (UIMP) in Santander on 29 June-1 July 2026. It will be taught by Gilles Duranton, Georgi Kocharkov, Diego Puga, and Virginia Sánchez-Marcos.

The course will deal with three highly topical issues: households’ decisions on housing tenure, the impact of rising housing prices on household formation and fertility decisions, and how housing supply regulations affect the functioning of housing markets. 

The program is available here and the period for application to the scholarships finishes on 28 May 2026.

28/04/2026
CEMFI is inviting applications for one position for Ph.D. candidates

CEMFI opens the call for applications for one grant for Ph.D. candidates (Formación de Personal Investigador, in Spanish) associated with the research project “Income dynamics, employment dynamics, fertility decisions, and cultural norms: implications for gender and labor market inequality”, led by Manuel Arellano and Tom Zohar. The deadline for applications is 13 May 2026.

For more details, you can find the 2024 call of the Ministry of Science and Innovation together with the State Research Agency, here. To apply, click here.

17/04/2026
CEMFI organizes a summer course on “Housing Markets: Constraints, Crisis, and Implications for Households” at UIMP in Santander

The III CEMFI School of Economics on “Housing Markets: Constraints, Crisis, and Implications for Households” will take place at the Universidad Internacional Menéndez Pelayo (UIMP) in Santander on 29 June-1 July 2026. The course directors are Samuel Bentolila and Virginia Sánchez-Marcos. It will deal with The course will deal with three highly topical issues regarding households and housing markets.

First, we will review recent developments regarding how households’ decisions on housing tenure -renting versus owning- are incorporated into life-cycle models of consumption decisions, paying particular attention to financial frictions and the role of expectations. Next, we will examine the impact of rising housing prices on household formation and fertility decisions. Finally, we will explore how the housing supply in cities is determined and regulated, which gives rise to frictions and constraints that affect the functioning of housing markets. 

The School is aimed at final year undergraduates and graduate students in Economics or Business Administration. Depending on availability, the students may be invited to attend the 5th Banco de España-CEMFI-UIMP Conference on the Spanish Economy, on “Housing and Institutions: Challenges and Opportunities for Spain”, 2-3 July 2026.

The program is available here, registration should be done at this website, and the period for application to scholarships endowed by UIMP finishes on 4 May 2026.

19/03/2026
The “Energy Workshop” took place at CEMFI, on March 18th, 2026

CEMFI hosted a new edition of the Energy Workshop, continuing an ongoing collaboration with the Toulouse School of Economics, the Université libre de Bruxelles, and IAE-CSIC (Barcelona). This workshop brings together leading researchers working on electricity markets, climate policy, transport, market integration, taxation, and regulation.

This year’s topics ranged fromdynamic electricity pricing, retail contract design and real-time pricing to water stress and nuclear supply, climate and industrial policy, charging infrastructure for electric vehicles, natural gas market integration, residential solar subsidies, transmisión constraints and information in wholesale electricity markets.

Participants included researchers from the University of Chicago, Northwestern University, Aalto University, Toulouse School of Economics, ULB, University of Girona, CUNEF, University of Vienna, University of Navarra, Universidad Carlos III de Madrid, Ifo/LMU Munich, Paris School of Economics, and CEMFI.

You can find the program here.

12/03/2026
We are thrilled to welcome Bruno Fava (Northwestern University), Florencia Hnilo (Stanford University), Alex Osberghaus (University of Zurich), and Anders Yding (UC Berkeley), who will join CEMFI as assistant professors

We are very pleased to welcome four new assistant professors at CEMFI: Bruno Fava (Northwestern University) in econometrics; Florencia Hnilo (Stanford University) in economic development and economic history; Alex Osberghaus (University of Zurich) in financial economics; and Anders Yding (Berkeley) in macroeconomics. Bruno and Anders will join CEMFI after one-year postdoc positions at the Stanford Data Science and Columbia University, respectively.

04/03/2026
Dante Amengual has been elected Fellow of the Journal of Econometrics

On December 17, 2025, the Journal of Econometrics announced its 2025 Awards.  Dante Amengual has been named Fellow, joining a distinguished group of leading economists in the field of econometrics. Congratulations, Dante!

06/02/2026
CEMFI is inviting applications for one position of Research Assistant (Pre-doc)

CEMFI invites applications for a 1-year part-time Research Assistant position (Pre-doc). Candidates should have a strong background in economics and solid programming skills. The successful candidate will assist with cleaning, managing, and analyzing administrative and survey data, as well as with programming and implementing numerical solutions for economic models. The work will be carried out within the research project “Inequality in Working Opportunities”, funded by the Social Research Call of LaCaixa Foundation and led by Professor Josep Pijoan-Mas. The application deadline is February 20th, 2026. For more information and to apply, click here.

28/01/2026
CEMFI launches the eleventh edition of its Undergraduate Internship Program

CEMFI launches the eleventh edition of its Undergraduate Internship Program. The application deadline is 10 April 2026.

The Undergraduate Summer Internships allow outstanding students to gain valuable work experience in economic research and data analysis at CEMFI in Madrid.

Summer interns have the opportunity to enhance their analytical, computational, and interpersonal skills in the cosmopolitan and friendly atmosphere of a leading international center for research and graduate study in economics and finance. The summer program also allows participants to learn about opportunities for graduate study and a career as a professional economist.

The program is intended for undergraduate university students with a superior academic record, who would like to gain useful work experience in economic research before pursuing further studies or moving on to the labor market. Students must be citizens of a European Union member country or have a valid Spanish ID card (NIE) for the duration of the internship. The program runs from 22 June to 17 July 2026. The duration of the internship is four weeks of full-time dedication. Interns will receive a stipend. For more details, please click here.

15/01/2026
Diego Puga (CEMFI) has been awarded the IEA Fellow Award

The International Economic Association has awarded the title of IEA Fellow to Diego Puga for his significant contributions to the field of economics and for advancing the Association’s mission of global engagement for development. Several years ago, the IEA established the annual IEA Fellow honorific award to recognize excellence in economic research, research-driven public writing, and economic policymaking. This award recognizes outstanding achievement and is granted to no more than ten individuals worldwide each year.

Congratulations Diego!

08/01/2026
CEMFI invites applications for a 1 or 2 years full-time Research Assistant position (Pre-doc)

CEMFI is inviting applications for Up to two one or two-year Assistant Research positions (pre-doctoral)