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
SEP
Applied Microeconomics Seminar (AMiS)
Anke Becker (Harvard Business School) presents "Fertility through Chastity"
SEP
Banking and Finance Seminar
Anna Cieslak (Duke University, Fuqua School of Business) presents "Policymakers' Uncertainty: The Risk-Management Channel"
OCT
MadMac Seminar
Ariel Burstein (UCLA) presents "TBA"
OCT
Econometrics Seminar
Jad Beyhum (KU Leuven) presents "TBA"
OCT
FIRMS Seminar
Nahim Bin Zahur (Queen's University) presents "TBA"
News
Recent publications
Fatih Karahan, Kurt Mitman and Brendan Moore
Journal of Political Economy, 2025.
Caterina Mendicino, Kalin Nikolov, Juan Rubio-Ramirez, Javier Suarez and Dominik Supera
Journal of Finance, 2025.
Dmitry Arkhangelsky and Guido W. Imbens
The Review of Economic Studies, 2024.
Philipp Hochmuth, Per Krusell and Kurt Mitman
The Economic Journal, 2026.
Natalia Fabra, M. Reguant and J. Wang
Journal of the European Economic Association, 2026.