Tim Besley (London School of Economics) delivers the opening lecture of the academic year 2022-2023 entitled “Political Economy of Climate Action”.

Manuel Arellano has been recognized as Doctor Honoris Causa by the Universidad Internacional de Andalucía. The award ceremony took place on September 16 and was preceded by an applied econometrics conference in his honor.

CEMFI invites applications for an Academic Administration position.

Mónica Martínez-Bravo receives funding from "la Caixa" Foundation to study social inclusion.

The project "Evaluating Interventions to Promote Inclusion" studies the optimal policy response to counteract increasing inequalities and social exclusion, a first-order issue in most advanced economies. While some scholars advocate for cash transfers, others argue that more comprehensive policy interventions may be needed to support individuals’ sense of dignity and self-esteem. However, what types of policies are more effective in achieving these goals is far from clear. In this project, we aim to contribute to answering this question by evaluating a large number of policy interventions that are being introduced by Ministry of Social Inclusion of Spain. The research team has recently signed an agreement to provide technical assistance in the design and evaluation of these interventions through more than 30 Randomized Control Trials (RCTs). This methodology consists of the random assignment of the intervention to a subset of individuals, and comparing the outcomes to those of a control group, who typically receive the status-quo support. A number of innovative interventions will be evaluated, including flexible child-care services to single-parent families, socio-emotional support programs, or strategies to address incomplete take-up of government programs. The outcomes will be measured using administrative data and survey data. Overall, this project will provide one of the most ambitious policy evaluation efforts on how to promote social inclusion in advanced economies.

The seventh cohort of students of the Undergraduate Summer Internships finish their stay.

CEMFI and Banco de España organized the “Conference on econometric methods and empirical analysis of micro data in honor of Manuel Arellano” on 11-12 July 2022.

The conference program is here.

Diego Puga has been awarded with the ERSA Prize in Regional Science 2022.

The Ministry of Inclusion presents the projects evaluated with CEMFI, in partnership with J-PAL Europe.

Graduation of the students of the class of 2022 of the Master in Economics and Finance.

In his speech the Governor of the Banco de España stated that "To address current structural and cyclical challenges we need to rely on the analysis and advice of well-trained economists whether they are in the academia, in the public administration, central banks or the private sector. This is why it is so important to have academic institutions like CEMFI, that produce groundbreaking research and invest heavily in boosting the single most important determinant of economic growth: human capital.

CEMFI and Fundación Ramon Areces organized the V MadMac Annual Conference with the title "Governments and the Macroeconomy” on 23-24 June 2022.

The program is available here.

CEMFI's new hire Federico Kochen receives the Young Economist Prize at the ECB Forum on Central Banking.

CEMFI organized the “Workshop on Central Banks and Digital Currencies (CBDCs)” on 6 June 2022.

The program and papers are available here.

Manuel Arellano and Samuel Bentolila have been appointed to the Advisory Committee of the General Secretariat of Objectives and Policies for Inclusion and Social Welfare of the Ministry of Inclusion, Social Security and Migration, to provide advice on its inclusion policies.

Monica Martinez-Bravo talks in the NOVAAFRICA podcast about the effects of the management of the pandemic.

CEMFI invites applications for an Academic Administration position.

CEMFI is inviting applications for up to two tenure appointments at the Full Professor level starting in September 2023

Universidad Internacional de Andalucía has awarded the Doctor Honoris Causa distinction to Manuel Arellano

CEMFI invites applications for a Research Assistant position

Applications for the CEMFI Summer School 2022 are now welcome.

Information about the courses offered, some in person and others online, is available here. The deadline for applications is 10 June.

Placement of the CEMFI PhD students in the 2022 job market.

CEMFI is looking for a new Director: Call for expressions of interest.

The Board of Trustees of CEMFI has decided to initiate the process of finding a new Director. The call for expressions of interest is available here.

Ceremony for the delivery of the King of Spain Prize in Economics to Manuel Arellano.

On March 23, the award ceremony for the King of Spain Prize in Economics took place at the Banco de España. The speech of the Governor of the Banco de España and of Manuel Arellano are available here and here, respectively.

Mónica Martínez-Bravo has been awarded an ERC Consolidator Grant.

The project aims to investigate the drivers of distrust in political institutions. It will also investigate the role of public policies in preventing processes of distrust. The project will be based on an extensive data collection through online surveys in multiple countries and periods. It will combine this novel data with extensive use of survey experiments and quasi-experimental approaches.

Federico Kochen will be joining CEMFI’s faculty in the summer of 2023. His research area is macroeconomics.

Director’s message to the CEMFI community in support of Ukraine.

See letter here.

The Banco de España announces the result of the External Evaluation of CEMFI.

The press release is available here. An unofficial English translation can be found here.

CEMFI is inviting applications for a one-year Postdoctoral Research position.

CEMFI launches the seventh edition of its Undergraduate Internship Program.

CEMFI signs an agreement with the Ministry of Inclusion, Social Security and Migration for the evaluation of social inclusion projects in Spain.