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CEMFI ( es, Centro de Estudios Monetarios y Financieros; English: Center for Monetary and Financial Studies) is an institution devoted to teaching and research in
Economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analy ...
. It was started in 1987, becoming the foundation of the
Bank of Spain The Bank of Spain ( es, link=no, Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III, today the bank is a member of the European System of Central Banks and is also Spain's national competent authority fo ...
in 1991. It is located in
Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...
. It runs two graduate programs, a Master in Economics and Finance and a PhD in Economics. Both are taught in English. The official degrees are granted by Menéndez Pelayo International University. CEMFI also offers a Summer School for practitioners and young university professors and an Undergraduate Summer Internships program to provide outstanding undergraduate students with the opportunity to gain valuable work experience in economic research and data analysis.


Tenured faculty

*, PhD London School of Economics, Director of CEMFI *
Dante Amengual Dante Alighieri (; – 14 September 1321), probably baptized Durante di Alighiero degli Alighieri and often referred to as Dante (, ), was an Italian people, Italian Italian poetry, poet, writer and philosopher. His ''Divine Comedy'', origin ...
, PhD Princeton University *
Manuel Arellano Manuel Arellano (born 19 June 1957) is a Spanish economist specialising in econometrics and empirical microeconomics. Together with Stephen Bond, he developed the Arellano–Bond estimator, a widely used GMM estimator for panel data. This es ...
, PhD London School of Economics, Director of CEMFI PhD program *
Samuel Bentolila Samuel ''Šəmūʾēl'', Tiberian: ''Šămūʾēl''; ar, شموئيل or صموئيل '; el, Σαμουήλ ''Samouḗl''; la, Samūēl is a figure who, in the narratives of the Hebrew Bible, plays a key role in the transition from the bib ...
, PhD MIT *
Paula Bustos Paula or PAULA may refer to: Arts and entertainment Fictional characters * Paula, in video game ''EarthBound'' * Paula, in ''The Larry Sanders Show'' * Paula Campbell (''EastEnders''), in 2003 Film and television * ''Paula'' (1915 film), a si ...
, PhD Harvard University *
Guillermo Caruana Guillermo () is the Spanish form of the male given name William. The name is also commonly shortened to 'Guille' or, in Latin America, to nickname 'Memo'. People *Guillermo Amor (born 1967), Spanish football manager and former player *Guillermo A ...
, PhD Boston University *Susanna Esteban, PhD University of Rochester *
Gerard Llobet Gerard is a masculine forename of Proto-Germanic origin, variations of which exist in many Germanic and Romance languages. Like many other early Germanic names, it is dithematic, consisting of two meaningful constituents put together. In this ...
, PhD University of Rochester *
Monica Martinez-Bravo Monica may refer to: People *Monica (actress) (born 1987), Indian film actress * Monica (given name), a given name (including a list of people and characters with the name) * Monica (singer) (born 1980), American R&B singer, songwriter, producer ...
, PhD MIT *
Pedro Mira Pedro is a masculine given name. Pedro is the Spanish, Portuguese, and Galician name for '' Peter''. Its French equivalent is Pierre while its English and Germanic form is Peter. The counterpart patronymic surname of the name Pedro, meani ...
, PhD University of Minnesota *Nezih Guner, PhD University of Rochester *
Josep Pijoan-Mas Josep is a Catalan masculine given name equivalent to Joseph (Spanish ''José''). People named Josep include: * Josep Bargalló (born 1958), Catalan philologist and former politician * Josep Bartolí (1910-1995), Catalan painter, cartoonist and w ...
, PhD University College London *
Diego Puga Diego is a Spanish masculine given name. The Portuguese equivalent is Diogo. The name also has several patronymic derivations, listed below. The etymology of Diego is disputed, with two major origin hypotheses: ''Tiago'' and ''Didacus''. ...
, PhD London School of Economics *
Enrique Sentana Enrique () is the Spanish variant of the given name Heinrich of Germanic origin. Equivalents in other languages are Henry (English), Enric (Catalan), Enrico (Italian), Henrik (Swedish, Danish, and Norwegian), Heinrich (German), Hendrik, Henk ...
, PhD London School of Economics * Javier Suarez, PhD London School of Economics


Non-tenured faculty


Dmitry Arkhangelsky
PhD Stanford GSB
Sebastián Fanelli
PhD MIT


External links


CEMFI websiteUIMP website


Notes

Universities in the Community of Madrid Organisations based in Madrid {{Spain-university-stub