PhD in Economics
Placements & Alumni
Placements
Our graduates have demonstrated to have the knowledge and skills necessary to undertake a successful career. They have published their work in some of the most prestigious and influential journals in Economics, including the American Economic Review, Econometrica and the Review of Economic Studies, and they have found jobs in leading academic and professional institutions. Recent placements include MIT Sloan, London School of Economics, University of Southern California, Bank of Italy, and Banco de España. For a complete list of placements, please click here.
Selected Publications by CEMFI PhD Graduates
Victor Aguirregabiria, Robert Clark and Hui Wang, The Geographic Flow of Bank Funding: Branch Networks, Synergies, and Local Competition, American Economic Review, (2024), .
Victor Aguirregabiria and Jesús Carro, Identification of Average Marginal Effects in Fixed Effects Dynamic Discrete Choice Models, Review of Economics and Statistics, (2024), .
N. Abbate, I. Berniell, J. Coleff, L. Laguinge, M. Machelett, M Marchionni, J. Pedrazzi and M. Pinto, Discrimination Against Gays and Transgender people in Latin America: correspondence study in the rental housing market, Labour Economics, 87 (2024), 102486.
Jan Bietenbeck, Uwe Sunde and Petra Thiemann, Recession Experiences During Early Adulthood Shape Prosocial Attitudes Later in Life, Journal of Public Economics, (2024), .
F. Carozzi, D. Cipullo and L. Repetto, Powers that be? Political alignment, government formation, and government stability, Journal of Public Economics, 230 (2024), 105-017.
Fernando Borraz, Felipe Carozzi, Nicolás González-Pampillón and Leandro Zipitría, Local Retail Prices, Product Variety and Neighborhood Change, American Economic Journal: Economic Policy, 16 (2024), 1–33.
Felipe Carozzi, Christian Hilber and Xiaolun Yu, On the Economic Impacts of Credit Expansion Policies: Evidence from Help to Buy, Journal of Urban Economics, 139 (2024), 103611.
Felipe Carozzi, Sandro Provenzano and Sefi Roth, Urban Density and COVID-19: Understanding the US Experience, Annals of Regional Science, 72 (2024), 163–194.
R. Carrasco, I. Gálvez-Iniesta and B. Jerez, Do Temporary Help Agencies Help? Employment Transitions for Low-Skilled Workers, Labour Economics, (2024), .
R. Carrasco, J.I. García-Pérez and J,F. Jimeno, Worker flows and wage dynamics: Estimating wage growth without composition effects, Oxford Economic Papers, 76 (2024), 94-114.
Jesús Carro and Pedro Gallardo, Effect of class size on student achievement in the COVID-19 ‘new normal’, Bulletin of Economic Research, 76 (2024), 303-318.
Cayrua Chaves, Short-term rentals and residential rents: evidence from a regulation in Santa Monica, International Journal of Housing Markets and Analysis, (2024), .
Micole De Vera and Javier García-Brazales, Establishment Size and the Task Content of Jobs: Evidence from 46 Countries, Economica, (2024), .
Caterina Calsamiglia, Javier García-Brazales and Annalisa Loviglio, Tailoring Mentorship: Evidence on Diverse Needs and Application Patterns for High School Students, AEA P&P, 114 (2024), 486–91.
J.I. García-Pérez, J.I. Serrano-Alarcón and M Vall-Castelló, Long-term unemployment subsidies and middle-aged disadvantaged workers’ health, Journal of Population Economics, 37 (2024), 14.
J.I. García-Pérez and A. Villar, Hacienda Pública Española/Review of Public Economics, , (2024), .
Nicolás Forteza and Sandra García-Uribe, A Score Function to Prioritize Editing in Household Survey Data: A Machine Learning Approach, Journal of Official Statistics, 17 (2024), .
Sandra García-Uribe, Hannes Mueller and Carlos Sanz, Economic Uncertainty and Divisive Politics: Evidence from the dos Españas, The Journal of Economic History, 84 (2024), 40-73.
Brindusa Anghel, Laura Hospido, Julio Ortega and Ana V. Regil, To be or not to be (employed): two decades of fluctuating earnings and income inequality in Spain, Fiscal Studies, 45 (2024), 415-428.
Luis Guirola, Laura Hospido and Andrea Weber, Family and Career: An Analysis across Europe and North America, Fiscal Studies, 45 (2024), 243-257.
Olympia Bover, Laura Hospido and Ernesto Villanueva, The Impact of High School Financial Education on Financial Knowledge and Saving Choices: Evidence from a Randomized Trial in Spain, Journal of Human Resources, (2024), .
Zheng Gong and Jin Huang, Limited-Time Offer and Consumer Search, Management Science, (2024), .
J. Brandts, I. Busom, C. López-Mayán and J. Panadés, Images say more than just words: visual versus text communication to dispel a rent-control misconception, Experimental Economics, 27 (2024), 417-468.
Pierpaolo Benigno and David Lopez Salido, Should the ECB Abandon HICP Targeting?, Cambridge University Press, (2024), .
Jesús Fernández-Villaverde, Joël Marbet, Galo Nuño and Omar Rachedi, Inequality and the Zero Lower Bound, Journal of Econometrics, (2024), 105819.
Martín González-Rozada and Hernán Martín Ruffo, The Welfare Effects of Unemployment Insurance in Argentina: New Estimates using Changes in the Schedule of Transfers, Journal of Human Resources, (2024), .
Martín González-Rozada and Hernán Martín Ruffo, Do Trade Agreements contribute to the decline in Labor Share? Evidence from Latin American Countries, World Development, 177 (2024), 106561.
Gabriel Jiménez, David Martínez-Miera and José-Luis Peydró, Who Truly Bears (Bank) Taxes? Evidence from Only Shifting Statutory Incidence, Journal of Public Economics, (2024), .
M. Delgado, F. Geli, E. Moral-Benito and J. Perez, Outsourcing and public expenditure: an aggregate perspective with regional data, Regional Studies, (2024), .
Ivan Blanco, Jose M. Martin-Flores and Alvaro Remesal, Climate shocks, institutional investors, and the information content of stock prices, Journal of Corporate Finance, 86 (2024), 102567.
Alvaro Remesal, Clawback enforcement, executive pay, and accounting manipulation, European Journal of Law and Economics, (2024), .
Sandra Rodriguez and Graciela Sanromán, Technology, routinization and wage inequality: gender differences in the case of Uruguay, IZA Journal of Development and Migration, (2024), .
Zhu Chen, Qianqian Shang and Jipeng Zhang, Recent Progress in Hukou Reform and Labor Market Integration in China: 1996-2022, China Economic Review, 87 (2024), 102231.
Felix Chopra, Ingar Haaland, Chris Roth and Andreas Stegmann, The Null Result Penalty, The Economic Journal, 134 (2024), 193-219.
Anselm Hager, Lukas Hensel, Chris Roth and Andreas Stegmann, Voice and Political Engagement: Evidence From a Natural Field Experiment, Review of Economics and Statistics, (2024), .
C. Mendicino, K. Nikolov, J. Rubio-Ramirez, Javier Suarez and D. Supera, Twin defaults and bank capital requirements, Journal of Finance, (2024), .
Jianfei Cao, Christian Hansen, Damian Kozbur and Lucciano Villacorta, Inference for Dependent Data with Learned Clusters, The Review of Economics and Statistics, (2024), .
Siqi Wei, Estimating Latent-Variable Panel Data Models Using Parameter-Expanded SEM Methods, Journal of Business and Economic Statistics, (2024), .
Haili Huang and Jiayi Wen, Parental Health Penalty on Adult Children’s Employment: Gender Differences and Long-Term Consequences, Journal of Health Economics, 95 (2024), 102886.
Yongkun Yin, Intergenerational Transmission of Fertility: Evidence from China’s Population Control Policies, Journal of Demographic Economics, (2024), .
Lina Anaya and Gema Zamarro, The Role of Student Effort on Performance in PISA: Revisiting the Gender Gap in Achievement, Oxford Economic Papers, (2024), .
Victor Aguirregabiria, Dynamic Demand for Differentiated Products with Fixed-Effects Unobserved Heterogeneity, Econometrics Journal, 26 (2023), C1-C25.
Edoardo Maria Acabbi, Cristina Barceló, Antoine Bertheau, Andreas Gulyas, Stefano Lombardi and Raffaele Saggio, The Unequal Consequences of Job Loss across Countries, American Economic Review: Insights, 5 (2023), 393-408.
Erik Andres-Escayola, Juan Carlos Berganza, Rodolfo Campos and Luis Molina, A BVAR toolkit to assess macrofinancial risks in Brazil and Mexico, Latinoamerica Journal of Central Banking, 4 (2023), .
Inés Berniell, Leonardo Gasparini, Mariana Marchionni and Mariana Viollaz, Lucky Women in Unlucky Cohorts: Gender Differences in the Effects of Initial Labor Market Conditions in Latin America, Journal of Development Economics, 161 (2023), .
Inés Berniell, Lucila Berniell, Dolores de la Mata, María Edo and Mariana Marchionni, Motherhood and flexible jobs: Evidence from Latin American countries, World Development, 167 (2023), .
Inés Berniell, Anne Laferrère, Pedro Mira and Elizaveta Pronkina, The COVID-19 Curtain: Can Past Communist Regimes Explain the Vaccination Divide in Europe?, Social Science & Medicine, 321 (2023), .
Inés Berniell, Leonardo Gasparini, Mariana Marchionni and Mariana Viollaz, The Role of Work-from-Home in the Gender Asymmetries of COVID-19: An Analysis for Latin America Based on High-Frequency Surveys, Review of Economics of the Household, 21 (2023), 1191–1214.
Inés Berniell, Anne Laferrère, Pedro Mira and Elizaveta Pronkina, Robinson Crusoe: less or more depressed? With whom and where to live in a pandemic if you are above 50, Review of Economics of the Household, 21 (2023), 435–459.
Jan Bietenbeck and Matthew Collins, New Evidence on the Importance of Instruction Time for Student Achievement on International Assessments, Journal of Applied Econometrics, 38 (2023), 423-431.
Jan Bietenbeck and Petra Thiemann, Revisiting the Effect of Growing Up in a Recession on Preferences for Redistribution, Journal of Applied Econometrics, 38 (2023), 786-794.
Natalie , Jan Bietenbeck and Mohammad H. Sepahvand, Teacher Quality and Cross-Country Differences in Learning in Francophone Sub-Saharan Africa, Economics of Education Review (special issue: Education in Low-Income Settings), 96 (2023), .
Jan Bietenbeck, Andreas Leibing, Jan Marcus and Felix Weinhardt, Tuition Fees and Educational Attainment, European Economic Review, 154 (2023), .
Jesús Bueren, Long-Term Care Needs and Savings in Retirement, Review of Economic Dynamics, 49 (2023), 201-224.
Felipe Carozzi and Sefi Roth, Dirty Density: Air Quality and the Density of American Cities, Journal of Environmental Economics and Management, 118 (2023), .
Felipe Carozzi and Andrés Gago, Who Promotes Gender-Sensitive Policies?, Journal of Economic Behavior & Organization, 206 (2023), 371-405.
C. Alonso-Borrego and R. Carrasco, Intimate partner violence and women’s health: The private and social burden, American Economic Journal: Applied Economics, 55 (2023), 5591-5611.
M. Collado, I. Ortuño and J. Stuhler, Estimating Intergenerational and Assortative Processes in Extended Family Data, Review of Economic Studies, 90 (2023), 1195 – 1227.
Julio Crego and Jasmin Gider, The Dynamic Informativeness of Scheduled News, Management Science, 70 (2023), .
Javier García-Brazales, Orphanhood and Child Development: Evidence from India, Demography, 60 (2023), 517–537.
Olympia Bover, Natalia Fabra, Sandra García-Uribe, Aitor Lacuesta and Roberto Ramos, Firms and households during the pandemic: what do we learn from their electricity consumption?, The Energy Journal, 44 (2023), 267-288.
Sandra García-Uribe, The Effects of Tax Changes on Economic Activity: A Narrative Approach to Frequent Anticipations, The Economic Journal, 133 (2023), 706–727.
Jose Garcia-Louzao, Laura Hospido and Alessandro Ruggieri, Dual Returns to Experience, Labour Economics, 80 (2023), .
M.A. Carnero, A. León and T.M. Ñiguez, Skewness in energy returns: estimation, testing and implications for tail risk, Quarterly Review of Economics and Finance, 90 (2023), 178 – 189.
B. Castillo-Brais, A. León and J. Mora, Efficiency gains in value-at-risk and expected shortfall estimation by using copulas and full maximum likelihood, Communications in Statistics Part B: Simulation and Computation, (2023), .
C. López-Mayán and C. Nicodemo, If my buddies use drugs, will I? Peer effects on Substance Consumption Among Teenagers, Economics and Human Biology, 50 (2023), .
E. Manresa, F. Penaranda and E. Sentana, Empirical Evaluation of Overspecified Asset Pricing Models, Journal of Financial Economics, 147 (2023), 338-351.
Borja Petit, Aggregate effects of firing costs with endogenous firm productivity growth, Macroeconomic Dynamics, 27 (2023), 945-965.
Ivan Blanco, Miguel De Jesus and Alvaro Remesal, Overlapping Momentum Portfolios, Journal of Empirical Finance, 72 (2023), 1-22.
L. Repetto and M. Sosa, Divided government and polarization: Regression-discontinuity evidence from US states, European Journal of Political Economy, 80 (2023), .
Jorge de la Roca, Gianmarco Ottaviano and Diego Puga, City of dreams, Journal of the European Economic Association, 21 (2023), 690–726.
Anatoli Segura and Alonso Villacorta, Firm-bank linkages and optimal policies after a rare disaster, Journal of Financial Economics, 149 (2023), 296-322.
Anatoli Segura and Alonso Villacorta, The paradox of safe asset creation, Journal of Economic Theory, 210 (2023), .
A. Segura and J. Surez, Bank restructuring under asymmetric information: The role of bad loan sales, Journal of Financial Intermediation, 56 (2023), .
Yongkun Yin, China’s Demographic Transition: A Quantitative Analysis, European Economic Review, 160 (2023), .
Dillon Fuchsman, Josh B. McGee and Gema Zamarro, Teachers’ Willingness to Pay For Retirement Benefits: A National Stated Preferences Experiment, Economics of Education Review, (2023), .
Brian S. Graham, Geert Ridder, Petra Thiemann and Gema Zamarro, Teacher-to-Classroom Assignment and Student Achievement, Journal of Business and Economic Statistics, 41 (2023), 1328-1340.
Jorge Abad, M. D’Errico, N. Killeen, V. Luz, T. Peltonen, R. Portes and T. Urbano, Mapping exposures of EU banks to the global shadow banking system, Journal of Banking & Finance, 134 (2022), 106-168.
P. Albarran, M. Battaglia and M. Sartarelli, The psychological effect of a math signal, Economics of Education Review, 86 (2022), .
P. Albarran, On the identification of the effect of education on health: a comment on Fonseca et al., SERIEs – Journal of the Spanish Economic Association, 13 (2022), 649 – 661.
Javier Álvarez and Manuel Arellano, Robust likelihood estimation of dynamic panel data models, Journal of Econometrics, 226 (2022), 21-61.
Inés Berniell, Lucila Berniell, Dolores de la Mata, María Edo, Yarine Fawaz, Matilde Machado and Mariana Marchionni, Motherhood, Pregnancy or Marriage Effects?, Economics Letters, 214 (2022), .
F. Carozzi, D. Cipullo and L. Repetto, Political Fragmentation and Government Stability. Evidence from Local Governments in Spain, American Economic Journal: Applied Economics, 14 (2022), 23–50.
Magdalena Blanco, José María Cabrera, Felipe Carozzi and Alejandro Cid, Mandatory Helmet Use and the Severity of Motorcycle Accidents: No Brainer?, Economia Journal, Journal of the Latin American and Caribbean Economic Association, 0 (2022), 187-218.
R. Carrasco and V. Hernanz, Dependent Self-employment across Europe: Involuntariness, country’s wealth and labor market institutions, American Economic Journal: Applied Economics, 54 (2022), 1568-1583.
Jesús Carro and Elizaveta Pronkinam, The Heterogeneous Effects of the Great Recession on Informal Care to the Elderly, Int J Health Econ Manag, 22 (2022), 355-367.
Dominic Cucic, Central Clearing, Incentives and Loss Allocation Rules, Journal of Financial Markets, 59 (2022), .
Manuel Arellano, Stéphane Bonhomme, Micole De Vera, Laura Hospido and Siqi Wei, Income Risk Inequality: Evidence from Spanish Administrative Records, Quantitative Economics, 13 (2022), 1747-1801.
M.J. Baez, P. Brassiolo, R. Estrada and G. Fajardo, Going subnational: Wage differentials across levels of government in Brazil, Mexico, and Uruguay, World Development, 160 (2022), .
R. Campos, J.I. García-Pérez and I. Reggio, Moral Hazard versus Liquidity and the Optimal Timing of Unemployment Benefits, The Economic Journal, 132 (2022), 2674–2701.
Sandra García-Uribe, Multidimensional Media Slant: Complementarities in News Reporting by US Newspapers, Information Economics and Policy, 61 (2022), .
Victoria Ateca-Amestoy and Arantza Gorostiaga, Donating Money and Time to Cultural Heritage: Evidence from the European Union, Journal of Cultural Economics, 46 (2022), 101-133.
Laura Hospido, Luc Laeven and Ana Lamo, The Gender Promotion Gap: Evidence from Central Banking, Review of Economics and Statistics, 104 (2022), 981–996.
Yuxin Chen, Zheng Gong and Jin Huang, What the Past Tells About the Future: Historical Prices in the Durable Goods Market, Management Science, 68 (2022), 8857–8871.
J. Carmona-Martínez and A. León, Pandemic Effects in the Solow Growth Model, Bulletin of Economic Research, (2022), .
J. Brandts, I. Busom, C. López-Mayán and J. Panadés, Dispelling misconceptions about economics, Journal of Economic Psychology, 88 (2022), .
Christopher Gust, Edward Herbst and David López-Salido, Short-Term Planning, Monetary Policy, and Macroeconomic Persistence, American Economic Journal: Macroeconomics, (2022), .
Danilo Cascaldi-Garcia, David López-Salido and Francesca Loria, Is Trend Inflation at Risk of Becoming Unanchored? The Role of Inflation Expectations, FEDS Notes, (2022), .
Etienne Gagnon, Benjamin K. Johannsen and David López-Salido, Supply-side Effects of Pandemic Mortality: Insights from an Overlapping-generations Model, B.E. Journal of Macroeconomics, (2022), .
S. Bonhomme, T. Lamadon and E. Manresa, Discretizing Unobserved Heterogeneity, Econometrica, 90 (2022), 699–739.
Victoria Ivashina, Luc Laeven and Enrique Moral-Benito, Loan Types and the Bank Lending Channel, Journal of Monetary Economics, 126 (2022), 171-187.
F. Peñaranda, Discussion of Identification Robust Testing of Risk Premia in Finite Samples, Journal of Financial Econometrics, 21 (2022), 306-310.
F. Peñaranda, J.M. Rodríguez-Poo and S. Sperlich, Nonparametric Specification Testing of Conditional Asset Pricing Models , Journal of Business and Economic Statistics , 40 (2022), 1455-1469.
F. Peñaranda and L. Wu, Targets, Predictability, and Performance, Management Science, 68 (2022), 809-1589.
James Costain, Anton Nakov and Borja Petit, Flattening of the Phillips curve with state-dependent prices and wages, The Economic Journal, 132 (2022), 546–581.
José Ignacio Rivero and Graciela Sanromán, Household debt and debt to income: the role of business ownership, Quarterly Review of Economics and Finance, 83 (2022), 52-68.
Monica Martinez-Bravo and Andreas Stegmann, In Vaccines We Trust? The Effects of the CIA’s Vaccine Ruse on Immunization in Pakistan, Journal of the European Economic Association, 20 (2022), 150-186.
N. Martynova, E. Perotti and J. Suarez, Capital forbearance in the bank recovery and resolution game, Journal of Financial Economics, 146 (2022), 884-904.
J. Suarez, Growth-at-risk and macroprudential policy design, Journal of Financial Stability, 60 (2022), .
Lina Anaya, Nagore Iriberri, Pedro Rey-Biel and Gema Zamarro, Understanding Performance in Test Taking: The Role of Question Difficulty Order, Economics of Education Review, 90 (2022), .
Dillon Fuchsman, Tim Sass and Gema Zamarro, Testing, Teacher Turnover and the Distribution of Teachers Across Grades and Schools, Education Finance and Policy, 18 (2022), 1-61.
Andrew Camp and Gema Zamarro, Determinants of Ethnic Differences in School Modality Choices during the COVID-19 Crisis, Educational Researcher, 51 (2022), 6-16.
Lina Anaya, Frank Stafford and Gema Zamarro, Gender gaps in math performance, perceived mathematical ability and college STEM education: the role of parental occupation, Education Economics, 30 (2022), 113-128.
Víctor Aguirregabiria, Allan Collard-Wexler and Stephen P. Ryan, Dynamic Games in Empirical Industrial Organization, Handbook of Industrial Organization, 4 (4) (2021), 225-343.
Víctor Aguirregabiria and Mathieu Marcoux, Imposing Equilibrium Restrictions in the Estimation of Dynamic Discrete Games, Quantitative Economics, 12 (2021), 1223-1271.
Víctor Aguirregabiria, Jiaying Gu and Yao Luo, Sufficient Statistics for Unobserved Heterogeneity in Structural Dynamic Logit Models, Journal of Econometrics, 223 (2021), 280-311.
Víctor Aguirregabiria, Jiaying Gu, Yao Luo and Pedro Mira, Diffusion of COVID-19 in Social and Production Networks: Simulation Evidence from A Dynamic Model, Annals of Economics and Statistics, 142 (2021), 179-210.
Víctor Aguirregabiria, Identification of Firms’ Beliefs in Structural Models of Competition, Canadian Journal of Economics, 54 (2021), 5-33.
Víctor Aguirregabiria, Identification of Non-Equilibrium Beliefs in Games of Incomplete Information Using Experimental Data, Journal of Econometric Methods, 10 (2021), 1-26.
Pedro Albarrán, A multimodal approach for regional GDP prediction using social media activity and historical information, Applied Soft Computing, 111 (2021), 107693.
Inés Berniell and Gabriel Facchini, COVID-19 Lockdown and Domestic Violence: Evidence from Internet-Search Behavior in 11 Countries, European Economic Review, 136 (2021), 103775.
I. Berniell, D. de la Mata, M. Edo and M. Marchionni, Gender Gaps in Labor Informality: The Motherhood Effect, Journal of Development Economics, 150 (2021), 102599.
Dante Amengual, Jesús Bueren and Julio Crego, Endogenous Health Groups and Heterogeneous Dynamics of the Elderly, Journal of Applied Econometrics, 36 (2021), 878-897.
Radim Bohacek, Jesús Bueren, Laura Crespo, Pedro Mira and Josep Pijoan-Mas, Inequality in Life and Healthy Life Expectancy: An International Comparison, Health Economics, 30 (2021), 1871-1885.
O. Betancor and J. Campos, Cost-benefit analysis of air transport projects with effects on the regions, Airtransport and regional development Handbook (Hans-Martin Niemeier, ed.). Routledge, (2021), .
J. Campos, Regulation of Rail Infrastructure and Services, Encyclopedia of Transportation (Roger Vickerman, ed.), Springer, (2021), .
P. Brassiolo, R. Estrada, G. Fajardo and J. Vargas, Self-Selection into corruption: Evidence from the lab, Journal of Economic Behavior & Organization, 192 (2021), 799-812.
Andrés Gago, Reciprocity and Uncertainty: When Do People Forgive?, Journal of Economic Psychology, 84 (2021), .
Julio Gálvez, Leonardo Gambacorta, Sergio Mayordomo and José María Serena, Dollar borrowing, firm credit risk, and FX-hedged funding opportunities, Journal of Corporate Finance, 68 (2021), .
J.A. García, P. Marín and J. Stirzaker, Chapter on renewables regulatory policy in Spain, The Renewable Energy Law Review, 17 (2021), 194-202.
J.I. García-Pérez and V. Osuna, Temporary layoffs, short-time work and COVID-19: the case of a dual labour market, Applied Economic Analysis, 30 (2021), 248-262.
Manuel García-Santana, Josep Pijoan-Mas and Lucciano Villacorta, Investment Demand and Structural Change, Econometrica, 89 (2021), 2751-2785.
Laura Alfaro, Manuel García-Santana and Enrique Moral-Benito, On the Direct and Indirect Real Effects of Credit Supply Shocks, Journal of Financial Economics, 139 (2021), 895-921.
Alicia de Quinto, Laura Hospido and Carlos Sanz, The Child Penalty in Spain, SERIEs – Journal of the Spanish Economic Association, 12 (2021), 585–606.
Laura Hospido and Carlos Sanz, Gender Gaps in the Evaluation of Research: Evidence from Submissions to Economics Conferences, Oxford Bulletin of Economics and Statistics, 83 (2021), 590-618.
A. León and T.M. Ñiguez, The Transformed Gram-Charlier distribution: Parametric properties and financial risk applications, Journal of Empirical Finance, 63 (2021), 323 - 349.
Etienne Gagnon, Benjamin K. Johannsen and David Lopez-Salido, Understanding the New Normal: The Role of Demographics, IMF Economic Review, (2021), .
Joan Llull, Immigration and Gender Differences in the Labor Market, Journal of Human Capital, 15 (2021), 174 - 203.
R. Alan, Miguel Almunia, Mackenzie Alston, Jaime Arellano-Bover, Sascha O. Becker, Pilar Beneito, René Böheim, José E. Boscá, Jessica H. Brown, Simon Chang, Deborah A. Cobb-Clark, Jane Cooley, Shooshan Danagoulian, Sandra Donnally, Marissa Eckrote-Nordland, Lídia Farré, Javier Ferri, Margherita Fort, Rebecca Gelding, Allen C. Goodman, Melanie Guldi, Simone Häckl, Janet Hankin, Scott A. Imberman, David A. Jaeger, Krzysztof Karbownik, Joanna Lahey, Joan Llull, Hani Mansour, Marta Martínez, Isaac McFarlin, Jaakko Meriläinen, Tove Mortlund, John M. Nunley, Martin Nybom, Stephen D. O'Connell, Rupert Sausgruber, Amy Schwartz, Jan Stuhler, Petra Thiemann, Roel van Veldhuizen, Marianne H. Wanamaker and Maria Zhu, The Global COVID-19 Student Survey: First Wave Results, Covid Economics: Vetted and Real-Time Papers, 79 (2021), 152--217.
J. E. Galán and J. Mencía, Model-based indicators for the identification of cyclical systemic risk, Empirical Economics, 6 (2021), 1-33.
Ángel Estrada and Javier Mencía, El cuadro de mandos de la política macroprudencial, Información Comercial Española, 918 (2021), 25-43.
A. Martin, E. Moral-Benito and T. Schmitz, The Financial Transmission of Housing Booms: Evidence from Spain, American Economic Review, 111 (2021), 1013 - 53.
Marigee Bacolod, Jorge de la Roca and María Marta Ferreyra, In search of better opportunities: Sorting and agglomeration effects among young college graduates in Colombia, Regional Science and Urban Economics, 87 (2021), .
Sergio Firpo, Antonio Galvao, Cristine Pinto, Alexandre Poirier and Graciela Sanromán, GMM Quantile Regression, Journal of Econometrics, 230 (2021), 432-452.
Graciela Sanromán and Guillermo Santos, The Joint Distribution of Income and Wealth in Uruguay, Cuadernos de Economía, 40 (2021), 609-642.
Adnan Khan, Sanval Nasim, Mahvish Shaukat and Andreas Stegmann, Building Trust in the State with Information: Evidence from Urban Punjab, Journal of Public Economics, 202 (2021), .
Lina M. Anaya, Frank P. Stafford and Gema Zamarro, Gender Gaps in Math Performance, Perceived Mathematical Ability and College STEM Education: The Role of Parental Occupation, Education Economics, 30 (2021), 113–128.
Kaitlin P. Anderson, Trey Miller, Jennifer L. Steele and Gema Zamarro, Comparing Performance of Methods to Deal with Differential Attrition in Lottery Based Evaluations, Evaluation Review, 45 (2021), 70-104.
Jay P. Greene, Katherine Kopotic, Jonathan N. Mills, Gary W. Ritter, Elise Swanson and Gema Zamarro, An Evaluation of The Educational Impact of College Campus Visits: A Randomized Experiment, AERA Open, 7 (2021), .
Maria Jose Prados and Gema Zamarro, Gender Differences in Couples’ Division of Childcare, Work and Mental Health During COVID-19, Review of Economics of the Household, 19 (2021), 11-40.
Victor Aguirregabiria and Arvind Magesan, Identification and Estimation of Dynamic Games when Players' Beliefs Are Not in Equilibrium, Review of Economic Studies, 87 (2020), 582–625.
Victor Aguirregabiria and Jihye Jeon, Firms’ Beliefs and Learning: Models, Identification, and Empirical Evidence, Review of Industrial Organization, 56 (2020), 203-235.
Jan Bietenbeck, The Long-Term Impacts of Low-Achieving Childhood Peers: Evidence from Project STAR, Journal of the European Economic Association, 18 (2020), 392-426.
Inés Berniell and Jan Bietenbeck, The Effect of Working Hours on Health, Economics and Human Biology, 39 (2020), article 100901.
Inés Berniell and Ricardo Estrada, Poor Little Children: The Socioeconomic Gap in Parental Responses to School Disadvantages, Labour Economics, 66 (2020), 101879.
Inés Berniell, Dolores de la Mata and Matilde Machado, The Impact of a Permanent Income Shock on the Situation of Women in the Household: The Case of a Pension Reform in Argentina, Economic Development and Cultural Change, 4 (2020), 1295-1343.
Felipe Carozzi, Credit Constraints and the Composition of Housing Sales. Farewell to First-time Buyers?, Journal of the European Economic Association, 18 (2020), 1196-123.
Felipe Carozzi, The Role of Demand in Land Re-Development, Journal of Urban Economics, 117 (2020), 103244.
Julio Crego, Why Does Public News Augment Information Asymmetries?, Journal of Financial Economics, 137 (2020), 72-89.
Gustavo Fajardo, Sir, Yes, Sir! Hierarchy, Coups and the Political Preferences of Army Officers, The Economic Journal, 130 (2020), 1317-1345.
Manuel García-Santana, Enrique Moral-Benito, Josep Pijoan-Mas and Roberto Ramos, Growing Like Spain: 1995-2007, International Economic Review, 61 (2020), 383-416.
Victoria Ateca-Amestoy, Arantza Gorostiaga and Maximo Rossi, Motivations and Barriers to Heritage Engagement in Latin America: Tangible and Intangible Dimensions, Journal of Cultural Economics, 44 (2020), 397-423.
Arantza Gorostiaga, Inmaculada Mora-Jiménez, Sergio Muñoz-Romero, José Luis Rojo-Álvarez and Cristina Soguero-Ruiz, Informative Variable Identifier: Expanding Interpretability in Feature Selection, Pattern Recognition, 98 (2020), 107077.
Nezih Guner, Javier Lopez-Segovia and Roberto Ramos, Reforming the Individual Income Tax in Spain, SERIEs – Journal of the Spanish Economic Association, 11 (2020), 369-406.
Roberto Ramos and Carlos Sanz, Backing the Incumbent in Difficult Times: The Electoral Impact of Wildfires, Comparative Political Studies, 53 (2020), 469-499.
Anatoli Segura and Jing Zeng, Off-balance sheet funding, voluntary support and investment efficiency, Journal of Financial Economics, 137 (2020), 90-107.
Pierluigi Bologna, Arianna Miglietta and Anatoli Segura, Contagion in the CoCos Market? A Case Study of Two Stress Events, International Journal of Central Banking, 16 (2020), 137-184.
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Jorge De La Roca and Diego Puga, Learning by Working in Big Cities, Review of Economic Studies, 84 (2017), 106 - 142.
Max Bruche and Anatoli Segura, Debt Maturity and the Liquidity of Secondary Debt Markets, Journal of Financial Economics, 124 (2017), 599 - 613.
Stéphane Bonhomme and Elena Manresa, Grouped Patterns of Heterogeneity in Panel Data, Econometrica, 83 (2015), 1147 - 1184.
Javier Mencía and Enrique Sentana, Valuation of VIX Derivatives, Journal of Financial Economics, 108 (2013), 367 - 391.
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Víctor Aguirregabiria and Pedro Mira, Sequential Estimation of Dynamic Discrete Games, Econometrica, 75 (2007), 1 - 53.
David Lopez-Salido and Claudio Michelacci, Technology Shocks and Job Flows, Review of Economic Studies, 74 (2007), 1195 - 1227.
Claudio Michelacci and Javier Suárez, Business Creation and the Stock Market, Review of Economic Studies, 71 (2004), 459 - 481.
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Víctor Aguirregabiria and Pedro Mira, Swapping the Nested Fixed Point Algorithm: A Class of Estimators for Discrete Markov Decision Models, Econometrica, 70 (2002), 1519 - 1543.
Jan Bietenbeck, Do Motivated Peers Matter for Educational Success?, Economic Journal, 135 (2025), 36-58.
Victor Aguirregabiria, Empirical Industrial Organization: Models, Methods, and Applications, Under contract with Cambridge University Press, (2025), .
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Victor Aguirregabiria and Jesús Carro, Identification of Average Marginal Effects in Fixed Effects Dynamic Discrete Choice Models, Review of Economics and Statistics, (2024), .
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Jan Bietenbeck, Uwe Sunde and Petra Thiemann, Recession Experiences During Early Adulthood Shape Prosocial Attitudes Later in Life, Journal of Public Economics, (2024), .
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Fernando Borraz, Felipe Carozzi, Nicolás González-Pampillón and Leandro Zipitría, Local Retail Prices, Product Variety and Neighborhood Change, American Economic Journal: Economic Policy, 16 (2024), 1–33.
Felipe Carozzi, Christian Hilber and Xiaolun Yu, On the Economic Impacts of Credit Expansion Policies: Evidence from Help to Buy, Journal of Urban Economics, 139 (2024), 103611.
Felipe Carozzi, Sandro Provenzano and Sefi Roth, Urban Density and COVID-19: Understanding the US Experience, Annals of Regional Science, 72 (2024), 163–194.
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Luis Guirola, Laura Hospido and Andrea Weber, Family and Career: An Analysis across Europe and North America, Fiscal Studies, 45 (2024), 243-257.
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Victor Aguirregabiria, Dynamic Demand for Differentiated Products with Fixed-Effects Unobserved Heterogeneity, Econometrics Journal, 26 (2023), C1-C25.
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Brian S. Graham, Geert Ridder, Petra Thiemann and Gema Zamarro, Teacher-to-Classroom Assignment and Student Achievement, Journal of Business and Economic Statistics, 41 (2023), 1328-1340.
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Marigee Bacolod, Jorge de la Roca and María Marta Ferreyra, In search of better opportunities: Sorting and agglomeration effects among young college graduates in Colombia, Regional Science and Urban Economics, 87 (2021), .
Sergio Firpo, Antonio Galvao, Cristine Pinto, Alexandre Poirier and Graciela Sanromán, GMM Quantile Regression, Journal of Econometrics, 230 (2021), 432-452.
Graciela Sanromán and Guillermo Santos, The Joint Distribution of Income and Wealth in Uruguay, Cuadernos de Economía, 40 (2021), 609-642.
Adnan Khan, Sanval Nasim, Mahvish Shaukat and Andreas Stegmann, Building Trust in the State with Information: Evidence from Urban Punjab, Journal of Public Economics, 202 (2021), .
Lina M. Anaya, Frank P. Stafford and Gema Zamarro, Gender Gaps in Math Performance, Perceived Mathematical Ability and College STEM Education: The Role of Parental Occupation, Education Economics, 30 (2021), 113–128.
Kaitlin P. Anderson, Trey Miller, Jennifer L. Steele and Gema Zamarro, Comparing Performance of Methods to Deal with Differential Attrition in Lottery Based Evaluations, Evaluation Review, 45 (2021), 70-104.
Jay P. Greene, Katherine Kopotic, Jonathan N. Mills, Gary W. Ritter, Elise Swanson and Gema Zamarro, An Evaluation of The Educational Impact of College Campus Visits: A Randomized Experiment, AERA Open, 7 (2021), .
Maria Jose Prados and Gema Zamarro, Gender Differences in Couples’ Division of Childcare, Work and Mental Health During COVID-19, Review of Economics of the Household, 19 (2021), 11-40.
Alessandro Galesi and Omar Rachedi, Services Deepening and the Transmission of Monetary Policy, Journal of the European Economic Association, 17 (2019), 1261 - 1293.
José Ignacio García-Pérez, I. Marinescu and J. Vall, Can Fixed-Term Contracts Put Low Skilled Youth on a Better Career Path? Evidence from Spain, The Economic Journal, 129 (2019), 1693 - 1730.
Joao Santos and Javier Suarez, Liquidity Standards and the Value of an Informed Lender of Last Resort, Journal of Financial Economics, 132 (2019), 351 - 368.
Gabriele Fiorentini, Alessandro Galesi and Enrique Sentana, A Spectral EM Algorithm for Dynamic Factor Models, Journal of Econometrics, 205 (2018), 249 - 279.
Pablo Burriel and Alessandro Galesi, Uncovering the Heterogeneous Effects of ECB Unconventional Monetary Policies across Euro Area Countries, European Economic Review, 101 (2018), 210 - 229.
José Asturias, Manuel García Santana and Roberto Ramos, Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral in India, Journal of European Economic Association, jvy039 (2018), .
Paola Conconi, Manuel García Santana, Laura Puccio and Roberto Venturini, From Final Goods to Inputs: the Cascade Effect of Preferential Rules of Origin, American Economic Review, 108 (2018), 2335 - 2365.
Yuliya A. Kulikova, Nezih Guner and Joan Llull, Marriage and Health: Selection, Protection, and Assortative Mating, European Economic Review, 104 (2018), 138 - 166.
Cristian Bartolucci, Francesco Devicienti and Ignacio Monzón, Identifying sorting in practice, American Economic Journal: Applied Economics, 10 (2018), 408 - 438.
Luca Repetto, Political Budget Cycles with Informed Voters: Evidence from Italy, The Economic Journal, 128 (2018), 3320 - 3353.
Jan Bietenbeck, Marc Piopiunik and Simon Wiederhold, Africa's Skill Tragedy: Does Teachers' Lack of Knowledge Lead to Low Student Performance?, Journal of Human Resources, 53 (3) (2018), 553 - 578.
Cristian Bartolucci, Claudia Villosio and Mathis Wagner, Who Migrates and Why? Evidence from Italian Administrative Data, Journal of Labor Economics, 36 (2018), 551 - 588.
Joan Llull, The Effect of Immigration on Wages: Exploiting Exogenous Variation at the National Level, Journal of Human Resources, 53 (2018), 608 - 622.
Jorge De La Roca, Selection in Initial and Return Migration: Evidence from Moves across Spanish Cities, Journal of Urban Economics , 100 (2017), 33 - 53.
Stéphane Bonhomme and Laura Hospido, The Cycle of Earnings Inequality: Evidence from Spanish Social Security Data, Economic Journal, 127 (2017), 1244 - 1278.
Anatoli Segura and Javier Suárez, How Excessive is Banks' Maturity Transformation?, Review of Financial Studies, 30 (2017), 3538 - 3580.
César Alonso-Borrego and Raquel Carrasco, Employment and the Risk of Domestic Violence: Does the Breadwinner’s Gender Matter?, American Economic Journal: Applied Economics, 49 (50) (2017), 5074 - 5091.
César Alonso-Borrego, Antonio Romero-Medina and Rocío Sánchez-Mangas, The impact of public research contracts on scientific productivity, American Economic Journal: Applied Economics, 49 (5) (2017), 417 - 432.
Jeremy C. Stein, David López-Salido and Egon Zakrajšek, Credit-Market Sentiment and the Business Cycle, Quarterly Journal of Economics, 132 (2017), 1373 - 1426.
Víctor Aguirregabiria, Robert Clark and Hui Wang, Diversification of Geographic Risk in Retail Bank Networks: Evidence from Bank Expansion after the Riegle-Neal Act, The RAND Journal of Economics, 47 (2016), 529 - 572.
Felipe Carozzi and Luca Repetto, Sending the Pork Home: Birth Town Bias in Transfers to Italian Municipalities, Journal of Public Economics, 134 (2016), 42 - 52.
Yacine Ait-Sahalia, Dante Amengual and Elena Manresa, Market-Based Estimation of Stochastic Volatility Models, Journal of Econometrics , 187 (2015), 418 - 435.
Claudio Michelacci and Hernan Ruffo, Optimal Life Cycle Unemployment Insurance, American Economic Review, 105 (2015), 816 - 859.
Francisco Peñaranda and Enrique Sentana, A Unifying Approach to the Empirical Evaluation of Asset Pricing Models, Review of Economics and Statistics, 97 (2015), 412 - 435.
Antonio Díez de los Ríos, A New Linear Estimator for Gaussian Dynamic Term Structure Models, Journal of Business and Economic Statistics, 33 (2) (2015), 282 - 295.
Christopher Gust and David Lopez-Salido, Monetary Policy and the Cyclicality of Risk, Journal of Monetary Economics, 62 (2014), 59 - 75.
Martin Browing and Jesús M. Carro, Dynamic binary outcome models with maximal heterogeneity, Journal of Econometrics, 178 (2014), 805 - 823.
Manuel García Santana and Josep Pijoan, The Reservation Laws in India and the Misallocation of Production Factors, Journal of Monetary Economics, 66 (2014), 193 - 209.
Cristian Bartolucci, Gender Wage Gaps Reconsidered: A Structural Approach using matched employer employee data, Journal of Human Resources, 48 (4) (2013), 998-1034.
Fabio Canova, David Lopez-Salido and Claudio Michelacci, The Ins and Outs of Unemployment: A Conditional Analysis, Economic Journal, 123 (569) (2013), 515 - 539.
Rafael Repullo and Javier Suárez, The Procyclical Effects of Bank Capital Regulation, Review of Financial Studies, 26 (2013), 452 - 490.
Enrique Moral-Benito, Likelihood-based Estimation of Dynamic Panels with Predetermined Regressors, Journal of Business and Economic Statistics, 31 (2013), 451-472.
Stefania D'Amico, William English, David Lopez-Salido and Edward Nelson, The Federal Reserve's Large-Scale Asset Purchase Programmes: Rationale and Effects, Economic Journal, 122 (2012), F415 - F446.
Enrique Moral-Benito, Determinants of Economic Growth: A Bayesian Panel Data Approach, The Review of Economics and Statistics, 94 (2012), 566-579.
John Engberg, Brian Gill, Gema Zamarro and Ron Zimmer, Closing Schools in a Shrinking District: Do Student Outcomes Depend on Which Schools Are Closed?, Journal of Urban Economics , 71 (2012), 189 - 203.
Javier Mencía and Enrique Sentana, Distributional Tests in Multivariate Dynamic Models with Normal and Student t Innovations, Review of Economics and Statistics, 94 (2012), 133 - 152.
Francisco Peñaranda and Enrique Sentana, Spanning Tests in Portfolio and Stochastic Discount Factor Mean-Variance Frontiers: A Unifying Approach, Journal of Econometrics, 170 (2012), 303 - 324.
Víctor Aguirregabiria and Chun-Yu Ho, A Dynamic Oligopoly Game of the US Airline Industry: Estimation and Policy Experiments, Journal of Econometrics, 168 (2012), 156 - 173.
Jón Daníelsson and Francisco Peñaranda, On the Impact of Fundamentals, Liquidity and Coordination on Market Stability, International Economic Review, 52 (2011), 621 - 638.
Oscar Arce and David Lopez-Salido, Housing Bubbles, American Economic Journal: Macroeconomics, 3 (2011), 212 - 241.
Antonio Díez de los Ríos and Enrique Sentana, Testing Uncovered Interest Parity: A Continuous-Time Approach, International Economic Review, 52 (2011), 1215 - 1251.
Víctor Aguirregabiria, Another Look at the Identification of Dynamic Discrete Decision Processes, with an Application to Retirement Behavior, Journal of Business and Economic Statistics, 28 (2) (2010), 201 - 218.
Luca Guerrieri, Christopher Gust and David Lopez-Salido, International Competition and Inflation: A New Keynesian Perspective, American Economic Journal: Macroeconomics, 2 (2010), 247 - 280.
Max Bruche and Javier Suárez, Deposit Insurance and Money Market Freezes, Journal of Monetary Economics, 57 (2010), 45 - 61.
Víctor Aguirregabiria and Pedro Mira, Dynamic Discrete Choice Structural Models: A Survey, Journal of Econometrics, 156 (2010), 38 - 67.
Gema Zamarro, Accounting for Heterogeneous Returns in Sequential Schooling Decisions, Journal of Econometrics, 156 (2010), 260 - 276.
David Martínez-Miera and Rafael Repullo, Does Competition Reduce the Risk of Bank Failure?, Review of Financial Studies, 23 (2010), 3638 - 3664.
Javier Mencía and Enrique Sentana, Multivariate Location-Scale Mixtures of Normals and Mean-Variance-Skewness Portfolio Allocation, Journal of Econometrics, 153 (2009), 105 - 121.
Richard John Buddin and Gema Zamarro, Teacher Qualifications and Student Achievement in Urban Elementary Schools, Journal of Urban Economics , 66 (2009), 103 - 115.
Ángel León, Javier Mencía and Enrique Sentana, Parametric Properties of Semi-Nonparametric Distribution, with Application to Option Valuation, Journal of Business and Economic Statistics, 27 (2009), 176 - 192.
Andrew T. Levin, David Lopez-Salido, Edward Nelson and Tack Yun, Macroeconometric Equivalence, Microeconomic Dissonance, and the Design of Monetary Policy, Journal of Monetary Economics, 55 (2008), S48 - 62.
Michael U. Krause, David Lopez-Salido and Thomas A. Lubik, Inflation Dynamics with Search Frictions: A Structural Econometric Analysis, Journal of Monetary Economics, 55 (2008), 892 - 916.
Jordi Gali, David Lopez-Salido and Javier Valles, Understanding the Effects Government Spending Shocks on Consumption, Journal of the European Economic Association, 5 (2007), 227 - 270.
Jordi Gali, Mark J. Gertler and David Lopez-Salido, Markups, Gaps, and the Welfare Cost of Business Fluctuations, Review of Economics and Statistics, 89 (2007), 44 - 59.
Jose M. Abellan, Han Bleichrodt, Ildefonso Mendez and Jose L. Pinto, Resolving Inconsistencies in Utility Measurement under Risk: Tests of Generalizations of Expected Utilities, Management Science, 53 (2007), 469 - 482.
Jesús M. Carro, Estimating Dynamic Panel Data Discrete Choice Models with Fixed Effects, Journal of Econometrics, 140 (2007), 503 - 528.
Víctor Aguirregabiria, Pedro Mira and Hernan Roman, An Estimable Dynamic Model of Entry, Exit and Growth in Oligopoly Retail Markets, American Economic Review, 97 (2007), 449 - 454.
Javier Andrés, David Lopez-Salido and Javier Valles, Money in a Estimated Business Cycle Model of the Euro Area, Economic Journal, 116 (2006), 457 - 477.
Claudio Michelacci and Javier Suárez, Incomplete Wage Posting, Journal of Political Economy, 114 (2006), 1098 - 1123.
Raquel Carrasco, Jose M. Labeaga and David Lopez-Salido, Consumption and Habits: Evidence from Panel Data, The Economic Journal, 115 (2005), 144 - 165.
Jordi Gali, Mark J. Gertler and David Lopez-Salido, Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve, Journal of Monetary Economics, 52 (2005), 1107 - 1118.
Javier Andrés, David Lopez-Salido and Edward Nelson, Sticky Price Models and the Natural Rate Hypothesis, Journal of Monetary Economics, 52 (2005), 1025 - 1053.
Francisco Javier Álvarez de Pedro, Dynamics and Seasonality in Quarterly Panel Data: An Analysis of Earnings Mobility in Spain, Journal of Business and Economic Statistics, 22 (2004), 443 - 456.
Maria Gutierrez, An Economic Analysis of Corporate Directors' Fiduciary Duties, Rand Journal of Economics, 34 (2003), 516 - 535.
Andrés Almazán and Javier Suárez, Entrenchment and Severance Pay in Optimal Governance Structures, Journal of Finance, 58 (2003), 519 - 548.
Andrés Almazán and Javier Suárez, Managerial Compensation and the Market Reaction to Bank Loans, Review of Financial Studies, 16 (2003), 237 - 261.
Jordi Gali, David Lopez-Salido and Javier Valles, Technology Shocks and Monetary Policy: Assesing Fed's Performance, Journal of Monetary Economics, 50 (2003), 723 - 743.
Pedro Albarrán and Orazio Attanasio, Limited Commitment and Crowding out of Private Transfers. Evidence from a Randomized Experiment, The Economic Journal, 113 (2003), C77 - C85.
Arantza Gorostiaga, Should Fiscal Policy Be Different in a Non-Competitive Framework?, Journal of Monetary Economics, 50 (2003), 1311 - 1331.
Manuel Arellano and Raquel Carrasco, Binary Choice Panel Data Models with Predetermined Variables, Journal of Econometrics, 115 (2003), 125 - 157.
Javier Andrés, David Lopez-Salido and Javier Valles, Intertemporal Substitution and the Liquidity Effect in a Sticky Price Model, European Economic Review, 46 (2002), 1399 - 1421.
Enrico Perotti and Javier Suárez, Last Bank Standing: What Do I Gain if you Fail?, European Economic Review, 46 (2002), 1599 - 1622.
Raquel Carrasco, Binary Choice with Binary Endogenous Regressors in Panel Data: The Effect of Fertility on Female Labour Force Participation, Journal of Business and Economics Statistics, 19 (4) (2001), 385 - 394.
Jordi Gali, Mark J. Gertler and David Lopez-Salido, European Inflation Dynamics, European Economic Review, 45 (2001), 1237 - 1270.
Martin Browning and M. Dolores Collado, The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates, American Economic Review, 91 (2001), 681 - 692.
Rafael Repullo and Javier Suárez, Entrepreneurial Moral Hazard and Bank Monitoring: A Model of the Credit Channel, European Economic Review, 44 (2000), 1931 - 1950.
Víctor Aguirregabiria, The Dynamics of Markups and Inventories in Retailing Firms, The Review of Economics Studies, 66 (1999), 275 - 308.
Rafael Repullo and Javier Suárez, Monitoring, Liquidation, and Security Design, Review of Financial Studies, 11 (1998), 163 - 187.
M. Dolores Collado, Estimating Dynamic Models from Time Series of Independent Cross-Sections, Journal of Econometrics, 82 (1998), 37 - 62.
Javier Suárez and Oren Sussman, Endogenous Cycles in a Stiglitz-Weiss Economy, Journal of Economic Theory, 76 (1997), 47 - 71.
What our PhD graduates say
Jin Huang, NYU Shanghai, CEMFI PhD 2017
The six years at CEMFI changed my perspective on life. I grew up to be a fully confident and independent researcher. CEMFI gives students the feeling that each of us is a significant part of it, and such a high sense of community is really rare.
David López-Salido, Board of Governors of the Federal Reserve System, CEMFI PhD 1995
CEMFI offers an ideal intellectual environment: professors are role models and truly mentors of students; and professors and students are bonded by the pursuit of academic excellence. I remember my years at CEMFI as challenging, inspiring, and highly rewarding. A truly extraordinary opportunity that shaped my career
Jorge de la Roca, University of Southern California, CEMFI PhD 2012
At CEMFI, I found an academic environment that was challenging and highly supportive to help achieve my goals. Pursuing a PhD is a long and enduring journey. It is encouraging to know that faculty, staff and peers do not want to leave you behind.
Victor Aguirregabiria, University of Toronto, CEMFI PhD 1995
As a graduate student at CEMFI, I enjoyed high-quality teaching and dedicated mentoring from first-class international scholars in a very collegial and friendly environment. Over the years, I have seen how the prestige and reputation of CEMFI has grown to become one of the best graduate schools in economics in Europe.
Joan Llull, Universitat Autònoma de Barcelona, CEMFI PhD 2011
Reputed and very engaged faculty, perfect size, student-professor proximity, passion for Economics, privileged location, awesome city, a great push for a career in academia or the private sector. I cannot think of a better place for undertaking graduate education in Economics.
Gema Zamarro, University of Arkansas, CEMFI PhD 2006
I will always remember the multiple and long meetings with my advisor, Manuel Arellano, sitting on the sofa in his office, giving me guidance on how to better continue with my dissertation work. The personalized attention and dedication to student growth is a unique aspect of the PhD program at CEMFI.
Jorge de la Roca, University of Southern California, CEMFI PhD 2012
At CEMFI, I found an academic environment that was challenging and highly supportive to help achieve my goals. Pursuing a PhD is a long and enduring journey. It is encouraging to know that faculty, staff and peers do not want to leave you behind.
Jesus Bueren Calabuig, European University Institute, CEMFI PhD 2018
Cemfi offers an extremely stimulating academic environment fostering the interaction between first-rate faculty and motivated students. It provided me with a solid training in quantitative economics and critical thinking.
Martín (Tincho) Almuzara, Federal Reserve Bank of New York, CEMFI PhD 2020
CEMFI actively pursues the excellence of its academic program and the strength of its open, increasingly diverse, community. These elements (and the wisdom of my advisers) were key in making my doctoral studies a highly fulfilling experience in every dimension.
Andreas Stegmann, University of Warwick, CEMFI PhD 2019
The academic environment at CEMFI is remarkable: it is highly stimulating and extremely collegial. I always felt fully supported by my peers in the program, staff and members of faculty. Their dedication to students' personal growth opened up an incredibly rewarding career path for me.
Felipe Carozzi, London School of Economics, CEMFI PhD 2015
It has changed the way I think, the way I ask and answer questions about the world around me and, of course, it has put me in a career path that would have been unthinkable had I not been part of this institution.
Manuel García Santana, Universitat Pompeu Fabra, CEMFI PhD 2012
Never stop learning. That is the best way to define what you will find at CEMFI. If you love economics, you will enjoy every single day you spend there.
Elena Manresa, NYU, CEMFI PhD 2015
A time of tremendous intellectual and personal growth thanks to the combination of three things: the high quality of the curriculum, the guidance and encouragement of the faculty to produce frontier research, and the quality of my classmates. CEMFI is the place for those who want to thrive in their future academic careers!
Hernan Ruffo, Universidad Torcuato Di Tella, CEMFI PhD 2011
I found professors who were not only leading researchers in their fields, but also warm and accessible, with whom it was possible to openly discuss any progress in my own research. I benefited a lot from this close supervision during my PhD.
Jan Bietenbeck, Lund University, CEMFI PhD 2015
Perhaps the most unique feature of CEMFI’s Ph.D. program is the close contact with faculty members and visiting researchers, who hail from some of the best universities in the world. The connections I made during my doctoral studies still benefit me in my professional development today.
Alessandro Galesi, Bank of Spain, CEMFI PhD 2015
CEMFI provides a supportive and intellectually stimulating environment that allows for close interaction with exceptionally talented and motivated faculty. The constant supervision I have received as a PhD student has been priceless to develop my skills for conducting research.
Alejandro Requejo, Compass Lexecon, CEMFI PhD 1997
I have always thought that my professional career would have been very different had I not completed CEMFI’s Master degree. My stay allowed me to strengthen my knowledge of Economics, Econometrics and Finance and gave me the opportunity to explore the academic world. Not surprisingly, I enrolled in CEMFI's PhD Program!
Jin Huang, NYU Shanghai, CEMFI PhD 2017
The six years at CEMFI changed my perspective on life. I grew up to be a fully confident and independent researcher. CEMFI gives students the feeling that each of us is a significant part of it, and such a high sense of community is really rare.
David López-Salido, Board of Governors of the Federal Reserve System, CEMFI PhD 1995
CEMFI offers an ideal intellectual environment: professors are role models and truly mentors of students; and professors and students are bonded by the pursuit of academic excellence. I remember my years at CEMFI as challenging, inspiring, and highly rewarding. A truly extraordinary opportunity that shaped my career
Victor López, European Central Bank, CEMFI PhD 2004
CEMFI's PhD Program allowed me to get first an internship and then a job at the European Central Bank.