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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Undergraduate Summer Internships

An opportunity to gain valuable work experience in economic research and data analysis.

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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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Recent publications

Yarine Fawaz and Pedro Mira

Journal of Population Economics, 2023.

Nezih Guner, Remzi Kaygusuz and Gustavo Ventura

Econometrica, 2023.

Tristany Armangué-Jubert, Nezih Guner and Alessandro Ruggieri

American Economic Review-Insights, 2025.

Gerard Llobet and Damien Neven

Journal of Competition Law and Economics, 2023.

Dmitry Arkhangelsky and Guido Imbens

Econometrics Journal , 2024.

Gilles Duranton and Diego Puga

Econometrica, 2023.