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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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.
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Programs designed for professionals seeking to update and expand their knowledge in fields within CEMFI's range of expertise.
See moreSummer
School
Intensive, one-week courses covering the most recent developments in fields within CEMFI's range of expertise.
See moreEvents
NOV
MadMac Seminar
Jeremy Greenwood (University of Pennsylvania) presents "The Great Accretion and the Great Depression" (joint with Hal Cole and Stefano Cravero)
NOV
FIRMS Seminar
Raúl Bajo-Buenestado (Universidad de Navarra) presents "Some Unpleasant Tropical Nights: Minimum Temperatures, Commuting Accidents, and Productivity Losses"
NOV
Applied Microeconomics Seminar (AMiS)
Ciprian Domnisoru ( Aalto School of Business- Helsinki GSE) presents "The Role of Firms in Shaping the Work, Study, and Graduation Choices of Student Employees"
NOV
MadMac Seminar
Mehmet Yörükoglu (Koç University) presents "The Technological Roots of the Great Moderation"
NOV
Banking and Finance Seminar
Kirstin Hubrich (Deutsche Bundesbank) presents "TBA"
News
Recent publications
Caterina Mendicino, Kalin Nikolov, Juan Rubio-Ramirez, Javier Suarez and Dominik Supera
Journal of Finance, 2025.
Fatih Karahan, Kurt Mitman and Brendan Moore
Journal of Political Economy, 2025.
Jorge De la Roca, Gianmarco I. P. Ottaviano and Diego Puga
Journal of the European Economic Association, 2023.
Nezih Guner, Remzi Kaygusuz and Gustavo Ventura
Econometrica, 2023.
Elena Manresa, Francisco Peñaranda and Enrique Sentana
Journal of Financial Economics, 2023.
Nezih Guner, Yuliya Kulikova and Arnau Valladares-Esteban
Review of Economic Dynamics, 2025.