ÐÓ°ÉÂÛ̳

Alvaro Pedraza is a Senior Economist in the Finance and Private Sector Development Team of the ÐÓ°ÉÂÛ̳'s Development Research Group. His research interests include financial economics, asset pricing and macroeconomics. Prior to joining the Bank he worked at the Federal Reserve Bank of Atlanta, the Inter-American Development Bank, the Colombian Association of Pension Fund Administrators and the National Collateral Fund of Colombia. He holds a B.A. in Physics and a M.A. in Economics from Universidad de los Andes in Colombia, and a Ph.D. in Economics from the University of Maryland. ?