Sebastian Bauer (Ph.D Stanford University), Jorge García Hombrados ( Universidad Autónoma de Madrid) and Yimeng Zhang (Ph.D Hong Kong University) will join the department as a Tenure Track faculty in September.

Sebastian Bauer: https://www.sebauer.com

Yimeng Zhang: https://www.yimeng-zhang.com/

Jorge García Hombrados: https://sites.google.com/view/jgarciahombrados/home

The Department of Economics at Universidad Carlos III de Madrid celebrated the 35thanniversary of the Master’s in Industrial Economics with a special reunion of alumni.Over the years, the programme has evolved to meet new academic and professional challenges.After becoming the Master in Industrial Economics and Markets (MIEM) in 2012, it will enter anew stage in the 2026/2027 academic year as the Master’s in Economics of Competition,Regulation and Markets (CReMa), strengthening its analytical focus and its specialization inapplied microeconomics, competition, and regulation.The event, held on March 13, brought together academic representatives and former programmedirectors, and included a recognition of the essential contribution of administrative staff over theyears.The celebration also gathered partner institutions such as ALSA, CNMC, Fundación Corell,OMIE, MIBGAS, and Redeia/REE. It concluded with two roundtable discussions where alumnishared their experiences and highlighted the programme’s impact on their professional careers.

The study by UC3M and UNIZAR, entitled "Regional heterogeneity and warming dominance in the United States", can be found here: PLOS Climate.

The publication of this study has had a significant impact on both Spanish and international media.

At the national level:

• UC3M news (English): read the article.
• Interview on UC3M’s YouTube channel: watch the interview.

At the international level:

• CBS (Emily Mae Czachor): read the article.

Jesús Gonzalo, Professor of Economics at Universidad Carlos III de Madrid and 2025 Research Award winner from the Community of Madrid, was the keynote speaker at University Day 2026.

The event, dedicated this year to research, was held under the motto “We are a public university; research sets us apart.” During his speech, Jesús Gonzalo emphasized the essential role of research as a pillar of university excellence, highlighting that “if you don’t engage in research, you cannot teach.”

Professor Jan Stuhler has been awarded a prestigious ERC Consolidator Grant for his project “Mobility, Sorting and Inequality with Extended Kinship Data (EXKIN).” The project will develop a new conceptual and empirical framework to better understand how socioeconomic status is transmitted across generations.

Stuhler will first create a unified theoretical model that links the main measures of intergenerational mobility. He will then apply this framework to large-scale kinship networks using administrative register data and other population-wide sources.

The project is expected to deliver the first consistent framework spanning a wide range of mobility measures and to offer fresh insights into long-term inequality dynamics. Its findings may support more effective social policies by improving our understanding of how family background shapes individual outcomes.

Cuerpo de la noticia: The Julián Marías Research Award of the Community of Madrid recognizes the excellence of a scientific and professional career in the area of Humanities and Social Sciences.

Community of Madrid video: watch the video.

The Professor of Economics at the Carlos III University of Madrid, Jan Stuhler, has been recognized with the XXIV Banco Sabadell Foundation Award for Economic Research for his empirical research in the fields of labor economics and public economics, with a particular focus on intergenerational mobility.  

The Financial Times conducts a quarterly survey known as the FT-Booth Macroeconomic Survey, which gathers insights from leading economists at top American institutions such as Harvard, MIT, Princeton, UCLA, Northwestern University, and UC Berkeley. Among the few European economists participating is Professor Evi Pappa from UC3M.

Professor Pappa has twice made the front page of the Financial Times thanks to her insightful contributions. The first occasion was on March 17th, 2024, in the article “Fed will have to keep rates high for longer than markets anticipate, say economists,” where she discussed the conduct of monetary policy in the US. The second time was on June 29th, 2025, in the piece titled “Donald Trump’s fiscal policy and Fed attacks imperil US haven status, say economists,” addressing the negative consequences of Trump’s policies on US Treasury bonds.