Pedro is currently a Professor of Economics at Queensland University of Technology. His research interests are in macroeconomics, with a particular emphasis on monetary economics, search theory and intermediation.

Pedro has been a Research Evaluation Committee Member for the ERA 2018  and has been and Expert Reviewer for Excellence Research Australia for 1401, 2015; Australian Research Council, 2015, 2016; Icelandic Research Fund, 2014; MIT Press Review, 2014 and Israel Science Foundation, 2011.