The Bank of Lithuania and Vilnius University, the biggest public university in Lithuania, have teamed up to create the Center for Excellence in Finance and Economic Research (CEFER), which aims to conduct and publish high-quality research in relevant fields of economics and finance. The researchers at CEFER specialize in fields ranging from macroeconomics to financial markets. The researchers’ focus is placed on the novelty of ideas and methods allowing the researchers to creatively define relevant research problems and solutions.

CEFER team is specializing in fields ranging from macro-economics to financial markets, seeks to combine its extensive academic knowledge with innovative methods in economic research. The core research areas are asset pricing, public, labor and international economics, behavioral economics and finance.