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 morePhD in
Economics
              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
NOV
FIRMS Seminar
joint AMiS - Ozgen Kiribrahim (Arizona State University) presents "Place-Based Environmental Regulations and Labor Market Dynamics"
NOV
Applied Microeconomics Seminar (AMiS)
joint FIRMS - Ozgen Kiribrahim (Arizona State University) presents "Place-Based Environmental Regulations and Labor Market Dynamics"
NOV
Applied Microeconomics Seminar (AMiS)
Sara Lowes (University of California, San Diego. ) presents "Age Sets, Accountability, and the Balance of Power: Evidence from Villages in Rural Congo"
NOV
MadMac Seminar
Jeremy Greenwood (University of Pennsylvania) presents "The Great Accretion and the Great Depression" (joint with Hal Cole and Stefano Cravero)
NOV
FIRMS Seminar
Raúl Bajo-Buenestado (Universidad de Navarra) presents "Some Unpleasant Tropical Nights: Minimum Temperatures, Commuting Accidents, and Productivity Losses"
News
Recent publications
Gilles Duranton and Diego Puga
Econometrica, 2023.
Nezih Guner, Ezgi Kaya and Virginia Sánchez Marcos
International Economic Review, 2024.
Fatih Karahan, Kurt Mitman and Brendan Moore
Journal of Political Economy, 2025.
Dante Amengual, Xinyue Bei and Enrique Sentana
Econometrics and Statistics, 2025.
Eli Ben-Michael, Avi Feller and Liyang Sun
AEA Papers and Proceedings, 2024.
Eli Ben-Michael, Avi Feller and Liyang Sun
Review of Economics and Statistics, 2025.