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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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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Job Market Candidates

2024-2025 Job Market Candidates in the academic market

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Research

Our faculty are leaders in their fields of expertise and regularly publish in the leading journals of Economics.

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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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News

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Workshop on “Households in the 21st Century: Marriage, Fertility, and Challenges for Public Policy” will be held on Monday 24 March, at CEMFI

Workshop on “Households in the 21st Century: Marriage, Fertility, and Challenges for Public Policy” will be held on ...

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CEMFI launches a new edition of its Summer School

CEMFI launches a new edition of its Summer School

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CEMFI launches the tenth edition of its Undergraduate Internship Program

CEMFI launches the tenth edition of its Undergraduate Internship Program

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CEMFI is inviting applications for up to two positions of Research Assistant (Pre-doc)

CEMFI is inviting applications for up to two positions of Research Assistant (Pre-doc)

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Recent publications

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Causal models for longitudinal and panel data
Causal models for longitudinal and panel data

Dmitry Arkhangelsky and Guido Imbens

Econometrics Journal , 2024.

Score-type tests for normal mixture models
Score-type tests for normal mixture models

Dante Amengual, Xinyue Bei, Marine Carrasco and Enrique Sentana

Journal of Econometrics, 2025.

Rethinking the welfare state
Rethinking the welfare state

Nezih Guner, Remzi Kaygusuz and Gustavo Ventura

Econometrica, 2023.

Do unemployment benefit extensions explain the emergence of jobless recoveries?
Do unemployment benefit extensions explain the emergence of jobless recoveries?

Kurt Mitman and Stanislav Rabinovich

Journal of Economic Dynamics and Control, 2024.

Urban growth and its aggregate implications
Urban growth and its aggregate implications

Gilles Duranton and Diego Puga

Econometrica, 2023.

A Theory of Socially-Inefficient Patent Holdout
A Theory of Socially-Inefficient Patent Holdout

Gerard Llobet and Jorge Padilla

Journal of Economics and Management Strategy, 2023.