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.
See moreDoctoral Program
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.
See moreAdvanced Training School
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
MAR
MadMac Seminar
Chen Lian (UC Berkeley) presents "Sophisticated Borrowing Constraints and Macroeconomic Dynamics"
APR
FIRMS Seminar
Hendrik Döpper (CUNEF) presents "Cross-Category Mergers in US Retailing"
APR
MadMac Seminar
Nuno Paixao (Bank of Canada) presents ""
APR
MadMac Seminar
Esteban Rossi-Hansberg (University of Chicago) presents "Human Capital Accumulation Across Space"
APR
FIRMS Seminar
Milan Quentel (UC3M) presents "Gone with the Wind: Renewable Energy Infrastructure, Welfare, and Redistribution"
News
Recent publications
Nezih Guner, Yuliya Kulikova and Arnau Valladares-Esteban
Review of Economic Dynamics, 2025.
Natalia Fabra and Gerard Llobet
Rand Journal of Economics, 2025.
Fatih Karahan, Kurt Mitman and Brendan Moore
Journal of Political Economy, 2025.
Nezih Guner, Ezgi Kaya and Virginia Sánchez Marcos
International Economic Review, 2024.
Anna Mikusheva and Liyang Sun
Econometrics Journal, 2024.