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Professor Alfaro is the author of multiple articles published in leading academic journals such as the American Economic Review , Review of Economic Studies , and the Journal of International Economics , and of Harvard Business School cases related to the field of international economics and in particular international capital flows, foreign direct investment, and sovereign debt. At Harvard Business School since 1999, Professor Alfaro has taught in General Management Program, the Program for Leadership Development, and in other executive education offerings as well the first year and second year of the MBA program and the doctoral program. She earned her . in Economics from the University of California, at Los Angeles (UCLA), where she was recipient of the Dissertation Fellowship award. She received a in economics with honors from the Universidad de Costa Rica and a 'Licenciatura' from the Pontificia Universidad Catolica of Chile where she graduated with highest honors. She was awarded a Francisco Marroquin Foundation scholarship.