New Faculty 2021

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Milena Almagro

Assistant Professor
Chicago Booth

Milena Almagro’s research focuses on urban inequality. She uses tools from industrial organization to study the internal structure of cities and the equilibrium effects of urban policies on housing prices. Her studies range from the impact of gentrification on inequality to racial segregation in US cities. Her co-authored paper “Location Sorting and Endogenous Amenities: Evidence from Amsterdam” was recognized as the best student paper by the Urban Economics Association and the best European job market paper by the European Economic Association and UniCredit international banking group.

Her research has been published in Theoretical Economics and the Journal of Urban Economics: Insights.

Prior to joining the University of Chicago, Almagro was a junior scholar of the Opportunity and Inclusive Growth Institute at the Federal Reserve Bank of Minneapolis.

Almagro holds a PhD in economics from New York University. She earned a master of science degree in econometrics and mathematical economics from the London School of Economics and Political Science, a bachelor’s degree in economics from the University of Cambridge, and a licentiate degree in mathematics from the Universidad Complutense de Madrid.

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