Laurence Ales

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Assistant Professor of Economics

Teaching and Research Interests:

• Macroeconomics, public economics, contract theory, monetary economics.

Website and/or personal homepage:
http://www.andrew.cmu.edu/user/ales/

Published Papers: 

• A Model of Banknote Discounts
  Journal of Economic Theory 142, 2008.
  (With: F. Carapella, P. Maziero, W. Weber)
  
  

Working Papers: 

• Non-Exclusive Dynamic Contracts, Competition and the Limits of Insurance
  August, 2009.
  (With: P. Maziero)
  
  
• Adverse Selection and Non-Exclusive Contracts
  August, 2009.
  (With: P. Maziero)
  
  
• Noisy Information in a Dynamic Principal Agent Model
  July, 2008.
  
  
• Accounting for Private Information
  July, 2008.
  (With: P. Maziero)
  
  

Courses Taught:

• Macroeconomics (73-200)
  (B.S. in Economics Program)
  • 2009, Spring (Section: A)
  • 2009, Spring (Section: B)