CEMFI
@cemfi.es
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2526....
Read it here: cemfi.es/ftp/wp/2526....
November 7, 2025 at 6:51 AM
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2526....
Read it here: cemfi.es/ftp/wp/2526....
How does the transmission of negative interest rate policy (NIRP) differ from conventional monetary policy transmission?
JMC Jan Schäfer shows that NIRP can be more effective in stimulating bank lending, but at the cost of higher bank failure risk.
sites.google.com/view/janscha...
JMC Jan Schäfer shows that NIRP can be more effective in stimulating bank lending, but at the cost of higher bank failure risk.
sites.google.com/view/janscha...
November 6, 2025 at 9:24 AM
How does the transmission of negative interest rate policy (NIRP) differ from conventional monetary policy transmission?
JMC Jan Schäfer shows that NIRP can be more effective in stimulating bank lending, but at the cost of higher bank failure risk.
sites.google.com/view/janscha...
JMC Jan Schäfer shows that NIRP can be more effective in stimulating bank lending, but at the cost of higher bank failure risk.
sites.google.com/view/janscha...
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2525....
Read it here: cemfi.es/ftp/wp/2525....
November 6, 2025 at 7:30 AM
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2525....
Read it here: cemfi.es/ftp/wp/2525....
How does after-school childcare affect children's human capital investment?
JMC Sevin Kaytan finds that after-school childcare increases university graduation rates by reshaping children's beliefs and preferences through peer interactions in care centers
sevinkaytan.com
JMC Sevin Kaytan finds that after-school childcare increases university graduation rates by reshaping children's beliefs and preferences through peer interactions in care centers
sevinkaytan.com
November 5, 2025 at 10:14 AM
How does after-school childcare affect children's human capital investment?
JMC Sevin Kaytan finds that after-school childcare increases university graduation rates by reshaping children's beliefs and preferences through peer interactions in care centers
sevinkaytan.com
JMC Sevin Kaytan finds that after-school childcare increases university graduation rates by reshaping children's beliefs and preferences through peer interactions in care centers
sevinkaytan.com
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2524....
Read it here: cemfi.es/ftp/wp/2524....
November 5, 2025 at 7:48 AM
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2524....
Read it here: cemfi.es/ftp/wp/2524....
🎓 Thinking about grad studies in #Economics or #Finance?
Applications to CEMFI’s Master and Doctoral programs open soon!
📅 Applications open Nov 11, 2025
💰 Funding deadline Jan 31, 2026
🕓 Final deadline May 31, 2026
👉 Learn more: www.cemfi.es/programs/mas...
📧 admissions@cemfi.es
Applications to CEMFI’s Master and Doctoral programs open soon!
📅 Applications open Nov 11, 2025
💰 Funding deadline Jan 31, 2026
🕓 Final deadline May 31, 2026
👉 Learn more: www.cemfi.es/programs/mas...
📧 admissions@cemfi.es
November 4, 2025 at 1:09 PM
🎓 Thinking about grad studies in #Economics or #Finance?
Applications to CEMFI’s Master and Doctoral programs open soon!
📅 Applications open Nov 11, 2025
💰 Funding deadline Jan 31, 2026
🕓 Final deadline May 31, 2026
👉 Learn more: www.cemfi.es/programs/mas...
📧 admissions@cemfi.es
Applications to CEMFI’s Master and Doctoral programs open soon!
📅 Applications open Nov 11, 2025
💰 Funding deadline Jan 31, 2026
🕓 Final deadline May 31, 2026
👉 Learn more: www.cemfi.es/programs/mas...
📧 admissions@cemfi.es
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2523....
Read it here: cemfi.es/ftp/wp/2523....
November 4, 2025 at 7:48 AM
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2523....
Read it here: cemfi.es/ftp/wp/2523....
What limits agricultural mechanization in Africa?
JMC Sophie Nottmeyer finds that digital monitoring reduces moral hazard between owners and operators in tractor rental markets in Kenya, improving spatial allocation and raising agricultural productivity.
sophienottmeyer.github.io
JMC Sophie Nottmeyer finds that digital monitoring reduces moral hazard between owners and operators in tractor rental markets in Kenya, improving spatial allocation and raising agricultural productivity.
sophienottmeyer.github.io
November 4, 2025 at 7:39 AM
What limits agricultural mechanization in Africa?
JMC Sophie Nottmeyer finds that digital monitoring reduces moral hazard between owners and operators in tractor rental markets in Kenya, improving spatial allocation and raising agricultural productivity.
sophienottmeyer.github.io
JMC Sophie Nottmeyer finds that digital monitoring reduces moral hazard between owners and operators in tractor rental markets in Kenya, improving spatial allocation and raising agricultural productivity.
sophienottmeyer.github.io
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2522....
Read it here: cemfi.es/ftp/wp/2522....
November 3, 2025 at 11:30 AM
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2522....
Read it here: cemfi.es/ftp/wp/2522....
Why do firms import the same input from multiple countries?
JMC Tao Wang finds firms build global supplier portfolios to hedge against disruptions and foster competition — making supply chains resilient and efficient.
sites.google.com/cemfi.edu.es...
JMC Tao Wang finds firms build global supplier portfolios to hedge against disruptions and foster competition — making supply chains resilient and efficient.
sites.google.com/cemfi.edu.es...
November 3, 2025 at 9:18 AM
Why do firms import the same input from multiple countries?
JMC Tao Wang finds firms build global supplier portfolios to hedge against disruptions and foster competition — making supply chains resilient and efficient.
sites.google.com/cemfi.edu.es...
JMC Tao Wang finds firms build global supplier portfolios to hedge against disruptions and foster competition — making supply chains resilient and efficient.
sites.google.com/cemfi.edu.es...
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2521....
Read it here: cemfi.es/ftp/wp/2521....
November 3, 2025 at 7:24 AM
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2521....
Read it here: cemfi.es/ftp/wp/2521....
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2520....
Read it here: cemfi.es/ftp/wp/2520....
October 31, 2025 at 10:38 AM
New Working Paper! 📢
Read it here: cemfi.es/ftp/wp/2520....
Read it here: cemfi.es/ftp/wp/2520....
New Working Paper! 📢
Read it here: www.cemfi.es/ftp/wp/2519....
Read it here: www.cemfi.es/ftp/wp/2519....
October 30, 2025 at 7:13 AM
New Working Paper! 📢
Read it here: www.cemfi.es/ftp/wp/2519....
Read it here: www.cemfi.es/ftp/wp/2519....
New Working Paper! 📢
Read it here: www.cemfi.es/ftp/wp/2507....
Read it here: www.cemfi.es/ftp/wp/2507....
October 29, 2025 at 12:44 PM
New Working Paper! 📢
Read it here: www.cemfi.es/ftp/wp/2507....
Read it here: www.cemfi.es/ftp/wp/2507....
Rafael Repullo has been awarded an honorary doctorate by the University of Málaga
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
October 28, 2025 at 10:32 AM
Rafael Repullo has been awarded an honorary doctorate by the University of Málaga
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
CEMFI inaugurates the 2025–2026 academic year of its new Graduate Program in Central Banking
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
October 27, 2025 at 12:06 PM
CEMFI inaugurates the 2025–2026 academic year of its new Graduate Program in Central Banking
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
Banco de España and CEMFI have organized the 17th joint Research Workshop
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
October 21, 2025 at 12:13 PM
Banco de España and CEMFI have organized the 17th joint Research Workshop
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
CEMFI is inviting applications for several positions at the Associate and Assistant Professors Level
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
October 21, 2025 at 9:20 AM
CEMFI is inviting applications for several positions at the Associate and Assistant Professors Level
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
Oriana Bandiera (LSE) delivers the opening lecture of the academic year 2025-2026 entitled “Poverty Traps”
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
October 6, 2025 at 10:06 AM
Oriana Bandiera (LSE) delivers the opening lecture of the academic year 2025-2026 entitled “Poverty Traps”
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
The workshop "Labor Markets, Institutions, and Economic Policy: A Workshop in Honor of Samuel Bentolila" took place on Monday, September 29th, at CEMFI
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
October 2, 2025 at 12:04 PM
The workshop "Labor Markets, Institutions, and Economic Policy: A Workshop in Honor of Samuel Bentolila" took place on Monday, September 29th, at CEMFI
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
Congratulations to Sophie Nottmeyer for successfully defending her Ph.D. thesis at CEMFI!. Thanks to Pierre-Philippe Combes, Elisa Gianonne and David K. Nagy for serving in the Thesis Defense Committe and to Sophie’s advisor Diego Puga @ProfDiegoPuga
September 25, 2025 at 11:51 AM
Congratulations to Sophie Nottmeyer for successfully defending her Ph.D. thesis at CEMFI!. Thanks to Pierre-Philippe Combes, Elisa Gianonne and David K. Nagy for serving in the Thesis Defense Committe and to Sophie’s advisor Diego Puga @ProfDiegoPuga
Congratulations to Ivan Lagrosa for successfully defending his Ph.D. thesis at CEMFI!. Thanks to Franck Malherbert, Marcel Jansen @mjansen_madrid and Brînduşa Dana Anghel for serving in the Thesis Defense Committe and to Ivan’s advisor Josep Pijoan-Mas
September 25, 2025 at 6:45 AM
Congratulations to Ivan Lagrosa for successfully defending his Ph.D. thesis at CEMFI!. Thanks to Franck Malherbert, Marcel Jansen @mjansen_madrid and Brînduşa Dana Anghel for serving in the Thesis Defense Committe and to Ivan’s advisor Josep Pijoan-Mas
Josep Pijoan-Mas has been awarded a research grant from the "la Caixa" Foundation
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
September 19, 2025 at 11:52 AM
Josep Pijoan-Mas has been awarded a research grant from the "la Caixa" Foundation
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
Banco de España, UC3M and CEMFI organize the 1st Madrid Mountain Macro Conference (MMM)
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
September 17, 2025 at 10:19 AM
Banco de España, UC3M and CEMFI organize the 1st Madrid Mountain Macro Conference (MMM)
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
Víctor Sancibrián selected for the REStud North American Tour 2025
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...
September 2, 2025 at 9:50 AM
Víctor Sancibrián selected for the REStud North American Tour 2025
www.cemfi.es/all_news_blo...
www.cemfi.es/all_news_blo...