CEMFI frequently participates in joint research projects and networks involving other research institutions in Europe. In addition, CEMFI faculty have won several highly competitive grants awarded by international and national funding agencies. These include five of the prestigious grants awarded by the European Research Council (ERC), as well as grants from the Russell Sage Foundation, the Fundación Ramón Areces, the regional Government of Madrid and the Government of Spain.

Currently supported projects include:


Research networks

  • Survey of Health, Aging and Retirement in Europe (SHARE), jointly developed with institutions from 28 other European countries. CEMFI has been responsible for the ten survey waves so far undertaken in Spain: the first three were funded by the European Commission, the fourth by the Ministry of Economy and Competitiveness (formerly, MICINN), the fifth, sixth, seventh, eighth and ninth by the European Commission and the Bank of Spain, and the tenth by the European Commission and the Ministry for the inclusion, Social security and migration.
    Researchers: Pedro Mira (PI), Yarine Fawaz.


Spanish funding agencies

  • Ramon y Cajal Grant (Ministerio de Ciencia e Innovación, 2023-2027)

    Researchers: Sebastián Fanelli (PI).

  • Financial Intermediation and Aggregate Performance (Ministerio de Ciencia e Innovación, 2023-2026)

    Researchers: Rafael Repullo (Co-PI), Javier Suárez (Co-PI).

  • New panel data methods with empirical applications in impact evaluation and health economics (Ministerio de Ciencia e Innovación, 2023-2026)

    Researchers: Dmitry Arkhangelsky (PI), Liyang Sun, Siqi Wei.

  • Risks, Inequality, and the Macroeconomy (Ministerio de Ciencia e Innovación, 2023-2026)

    Researchers: Josep Pijoan-Mas (PI), Samuel Bentolila (Co-PI), Federico Kochen, Jesus Bueren, Virgiliu Midrigan, Caterina Calsamiglia, Marcel Jansen.

  • "María de Maeztu" Unit of Excellence (Ministerio de Ciencia e Innovación, 2022-2025)

    Researchers: Diego Puga (PI), Manuel Arellano, Samuel Bentolila, Nezih Guner, Josep Pijoan, Javier Suarez, Monica Martinez-Bravo, Rafael Repullo, Dante Amengual.

  • Contributions in Applied Microeconomics (CIAM) (Ministerio de Ciencia e Innovación, 2022-2025)

    Researchers: Gerard Llobet (Co-PI), Pedro Mira (Co-PI), Tom Zohar, Guillermo Caruana.

  • Inferences in models with hidden variables in macroeconomics and finance (HiddenVar) (Ministerio de Ciencia e Innovación, 2022-2025)

    Researchers: Enrique Sentana (Co-PI), Dante Amengual (Co-PI).

  • Inequalities (Ministerio de Ciencia e Innovación, 2021-2024)

    Researchers: Diego Puga (Co-PI), Monica Martinez-Bravo (Co-PI), Paula Bustos, Christoph Albert.


Private institutions

  • Ramón Areces Foundation Grant (Ramón Areces Foundation, 2023-2025)

    Researchers: Federico Kochen (PI).

  • Evaluating Interventions to Promote Social Inclusion (”la Caixa” Foundation, 2022-2024)

    Researchers: Samuel Bentolila (PI).


Research chairs