CEMFI

Last updated
Center for Monetary and Financial Studies
Centro de Estudios Monetarios y Financieros
Edificio Central Cemfi.jpg
Other name
CEMFI
Established1987 by the Bank of Spain
Independent institution since 1991
DirectorNezih Guner
Address
Casado del Alisal, 5
, ,
Affiliations Bank of Spain
Menéndez Pelayo International University (UIMP)
Website www.cemfi.es
Escudo Cemfi.png
CEMFI

CEMFI (Spanish : Centro de Estudios Monetarios y Financieros; English: Center for Monetary and Financial Studies) is a leading [1] postgraduate institution devoted to teaching and research in Economics. It was started in 1987, becoming the foundation of the Bank of Spain in 1991. It is located in Madrid.

Contents

It runs two graduate programs, a Master in Economics and Finance and a PhD in Economics, with the aim of training high-level specialists for academia and professional careers [2] . Both are taught in English. The official degrees are granted by Menéndez Pelayo International University.

CEMFI also offers a Summer School for practitioners, professors, and researchers, and an Undergraduate Summer Internships program. [3]

Research activity at CEMFI is centered around five research lines: Macroeconomics, Microeconomics, Applied Economics, Banking and Finance, and Econometrics. [4] Several faculty members have been elected Fellows of the Econometric Society [5] , Fellows of the European Economic Association, and Research Fellows of the Centre for Economic Policy Research, among other institutions. [6] [7] Additionally, CEMFI has cooperated with the Spanish Ministry of Inclusion, Social Security and Migration and J-PAL Europe in the Inclusion Policy Lab. It helped design and evaluate 23 pilot randomized controlled trials promoting social inclusion within the framework of the Spanish minimum income scheme. [3] [8] [9]

Notable faculty

Source: [10]

References

  1. "Economics rankings: European Economics Departments | IDEAS/RePEc". IDEAS. December 2025.
  2. "Centros de Estudios Monetarios y Financieros (CEMFI)". Asociación Española para el Avance de la Ciencia (in Spanish).
  3. 1 2 "Annual Report 2023-2024" (PDF). CEMFI. pp. 1–2.
  4. https://cemfi.es/research/research_lines/index.asp [ permanent dead link ]
  5. "Current Fellows". The Econometric Society .
  6. "Welcome to CEMFI". CEMFI.
  7. "Center For Monetary And Financial Studies (CEMFI)". CEPR .
  8. "The Inclusion Policy Lab's massive effort to strengthen social inclusion in Spain with EUR 212 million funding from the European Union". Madrid: Community Jameel. 20 June 2024.
  9. "Inclusion Policy Evaluation". CEMFI.
  10. https://cemfi.es/people/faculty/index.asp