Rocio Madera holds a PhD in Economics from the University of Minnesota and an MSc. in Economics from CEMFI, in Spain.
Her research interests lie at the intersection of Macroeconomics, Household Finance, and Labor Economics. More specifically, she combines
quantitative models of household choice with micro-data to measure the exposure of households to unexpected income changes, generally as a result
of unemployment or wage cuts, by looking at decisions on both durable and non-durable consumption. Her agenda also studies the ability of
government policy to insure against earnings drops that happen during recessions; how employment protection legislation determines the income
volatility experienced by workers over their career; and the impact of introducing public income-contingent loans to finance higher education in