Category: Featured

The Department of Economics team wins the Econometric Game competition

The Department of Economics team has won this year’s edition of the Econometric Game.

The team members are Piero Bertino (captain), Javier Fuertes, Gabriele Gazzei, and Edward David Roth. Second place was awarded to Zurich and third place to Toronto. In total, 30 universities from around the world participated.

This year’s problem involved predicting daily electricity prices using data from Denmark. Our team addressed the tasks using functional data analysis techniques under extremely tight time constraints. They demonstrated an excellent command of state-of-the-art econometric methods, remarkable creativity in applying the most appropriate approaches to the problem at hand, strong programming skills, efficiency in handling large datasets, and outstanding oral and written communication abilities.

This competition, held annually in Amsterdam, brings together teams from a selection of international universities to solve an econometrics case study, which is subsequently evaluated by a jury of independent and highly qualified professors.

The UC3M Department of Economics has won the competition four times since 2007 (the Department’s first year of participation).

 
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35th ANNIVERSARY CELEBRATION OF THE MASTER’S IN INDUSTRIAL ECONOMICS (UC3M)

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.

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Jesús Gonzalo’s article on climate change, published in the journal PLOS Climate

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:

At the international level:

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Jesús Gonzalo gave the keynote lecture for University Day 2026

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.”

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Jan Stuhler Receives ERC Consolidator Grant for Research on Mobility and Inequality

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.

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Evi Pappa on Financial Times Front Page

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.

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PhD students at the ENTER Jamboree 2025 Conference

The University of Stockholm  hosted the last edition of the ENTER Jamboree Conference held on 9-10 June.

The ENTER Network (European Network for Training in Economic Research) to which the Department of Economics belongs organises every year the annual Conference in one of the 8 Universities that form this Network.

In this edition the following Ph.D students attended the Conference as presenters and discussants.

– Sofía Sánchez
– Oleksandra Cheipesh
– Vedant Bhardwaj
– Bohdan Kalinichencko
– David Díaz-Villarejo
– Andrea del Pizzo
– Alejandro Puerta

The professor, Andrés Erosa, has participated in representation of the Faculty of the Department.

Posted in Featured, Featured Students, Noticias Master