Banking and Finance at CEMFI
![](/images/banking.jpg)
Side image: Image by rawpixel.com on Freepik.
Financial markets and intermediaries are crucial in the economy, aiding in savings, funding, and insurance. Asset pricing studies asset price formation and risk-return, while corporate finance examines firm finances, growth, and frictions. Banking focuses on banks and intermediaries, essential in financial systems. The 2007-2009 Global Financial Crisis unified these branches, spurring research on financial frictions' spillovers, general equilibrium effects, and the need for financial stability policies, including micro- and macro-prudential regulation.
Researchers in financial economics at CEMFI cover all these fields, with special emphasis on the application of econometrics in asset pricing, banking and their regulation, and financial stability in macroeconomic models. Members of the group are affiliated with other research centers and networks, such as the Centre for Economic Policy Research (CEPR), have been recognized with several prizes and distinctions and they hold multiple grants from Spanish funding agencies and private institutions.We invite you to learn more about the Banking and Finance group at CEMFI below.
Researchers
![Dante Amengual Dante Amengual](../../images/profesores/dante.jpg)
Dante Amengual
Associate Professor with Tenure
![Rafael Repullo Rafael Repullo](../../images/profesores/repullo.jpg)
Rafael Repullo
Professor
![Javier Suarez Javier Suarez](../../images/profesores/suarez.jpg)
Javier Suarez
Professor
![Paolo De Rosa Paolo De Rosa](../../images/doctorandos/Paolo-DeRosa.png)
Paolo De Rosa
PhD student
![Vedant Agarwal Vedant Agarwal](../../images/doctorandos/agarwal.png)
Vedant Agarwal
PhD student
![Martín Farias Martín Farias](../../images/doctorandos/farias.jpg)
Martín Farias
PhD student
![Siema Hashemi Siema Hashemi](../../images/doctorandos/hashemi.jpg)
Siema Hashemi
PhD student
![Jan Schaefer Jan Schaefer](../../images/doctorandos/Jan-Schaefer.png)
Jan Schaefer
PhD student
Seminars series
MAR
Banking and Finance Seminar
Toni Ahnert (ECB) presents "Central Bank Digital Currency and Financial Stability" (joint with Peter Hoffmann, Agnese Leonello and Davide Porcellacchia)
MAY
Banking and Finance Seminar
Juanita Gonzalez-Uribe (LSE) presents "Entrepreneurial Capabilities and the Broader Role of Venture Capital Due Diligence"
MAR
Banking and Finance Seminar
Gyoengyi Loranth (Universität Wien) presents "Financing and Resolving Banking Groups" (joint with Albert Banal-Estañol and Julian Kolm)
APR
Banking and Finance Seminar
Svetlana Bryzgalova (London Business School) presents "Macro Strikes Back: Term Structure of Risk Premia and Market Segmentation"
APR
Banking and Finance Seminar
Martin Oehmke (LSE) presents "Margins as Canaries in the Coalmine"
Recent publications of this research line
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Dante Amengual, Xinyue Bei and Enrique Sentana,
Highly irregular serial correlation tests,
Econometrics and Statistics, forthcoming. -
Dante Amengual, Gabrielle Fiorentini and Enrique Sentana,
Multivariate hermite polynomials and information matrix tests,
Econometrics and Statistics, forthcoming. -
Dante Amengual, Xinyue Bei, Marine Carrasco and Enrique Sentana,
Score-type tests for normal mixture models,
Journal of Econometrics, forthcoming. -
Dante Amengual, Gabrielle Fiorentini and Enrique Sentana,
Specification tests for non-Gaussian structural vector autoregresssions,
Journal of Econometrics, forthcoming.
Research grants
Financial Intermediation and Aggregate Performance (Ministerio de Ciencia e Innovación, 2023-2026)
Researchers: Rafael Repullo (Co-PI), Javier Suárez (Co-PI).
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).