CEMFI Summer School 2018

CEMFI SUMMER SCHOOL offers top-level training for academics, central bankers, and practitioners. Participants are exposed to the latest developments in each field. Courses are taught within a five-day period and provide an intensive, rigorous, and in-depth analysis of the topics covered. See our website for more information: http://www.cemfi.es/studies/css

CEMFI is an independent non-profit foundation created by the Bank of Spain. CEMFI's faculty is committed to high-quality research, and faculty members publish in the most prestigious international journals. Moreover, CEMFI is widely known for its excellence in teaching.

CEMFI occupies a beautiful 19th century palace located in a quiet area in the center of Madrid, between the Retiro Park and the Prado Museum.

The following 10 courses are offered in the 2018 edition:


27 - 31 August 2018

Systemic Risk in Financial Networks by Alireza Tahbaz-Salehi (Northwestern University)

Treatment Effects and the Econometrics of Program Evaluation by Alberto Abadie (MIT)


3-7 September 2018

Empirical Analysis of Innovation in Oligopoly Industries by Víctor Aguirregabiria (University of Toronto)

Computational Tools for Macroeconomists by Mathias Trabandt (Frei Universität Berlin)

Digital Markets and Competition Policy by Cani Fernandez (Cuatrecasas) and Jorge Padilla (Compass Lexecon)

Machine-Learning Methods for Economists by Stephen Hansen (University of Oxford)

10-14 September 2018

Panel Data Econometrics by Steve Bond (University of Oxford)

Open Economy Dimensions of Stabilization Policy: Capital Flows and Debt Sustainability by Giancarlo Corsetti (University of Cambridge)

Financial Crises and Regulatory Responses by Tano Santos (Columbia University)

Credit Market Frictions and Macroeconomic Fluctuations by Simon Gilchrist (New York University)



See the description of each course for prerequisites.



All courses are taught in English.



Less than 36 students.



Around 50%.



Top academic professors in the area of economics and finance.


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Summer schools

Study Options

Five-Day Intensive Course


Regular fees: 800 - 1900 EUR

International Fees : 800 - 1900 EUR


Academic fees are only applicable to full-time university faculty or full-time graduate students. PhD students may opt for an additional discount of EUR 300 by sending a letter and a CV addressed to the Director of the CSS (css@cemfi.es) before 15 June documenting the circumstances which might justify this discount.

Casado del Alisal, 5

Madrid , Spain

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Summer schools

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