The Center for Research in Economics and Finance (CIEF) is fed from the scientific production of the Department of Economics and Finance, and it comprises three very important research groups. The Economics and the Firm Group conducts research in the areas of macroeconomic analysis, economic conditions, public sector economics, and education economics, labor economics, impact evaluation, industrial organization and economic regulation. The Research in Spatial Economics group leads research in spatial economics, urban economics, and development of quantitative methods for spatial analysis, georeferencing and spatial econometrics. Finally, the Finance and Banking group performs research in corporate finance, financial engineering, financial markets, microfinance, firm valuation and derivatives, risk and investment management.
In addition to having a great support from the University, the center is underpinned by several institutions that foster scientific production. Some of the institutions in favor of the CIEF's work are agencies such as the Office of the Governor of Antioquia, COLCIENCIAS, the City of Medellin Mayor’s Office, the Instituto Colombiano para el Fomento de la Educación Superior (Colombian Institute for the Promotion of Higher Education), the Inter-American Development Bank, the World Bank and several institutions in the private sector.
The Center for Research in Economics and Finance (CIEF), within the Universidad EAFIT’s internationalization goals framework, contributes to the positioning of the university through agreements with universities from abroad as well as with various international organizations. Likewise, CIEF’s researchers have lectured in international conferences such as the American Economic Association Conference, Latin American and Caribbean Economic Association Conference or the World Finance Conference among others and in internal and external seminars. The researchers' scientific production can be found in working papers, as well as in national and international scientific journals. Aiming at expanding knowledge, not only for Universidad EAFIT researchers but also researchers in general, the CIEF publishes the “Ecos de Economía” (Echoes of Economy) journal biannually.