Michael Spence


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Michael Spence

An American economist born in 1943. He is most noted for the signalling model, which states that employees pay for education to attract employers. According to Spence's model, even if the education itself lacks any intrinsic value, its ability to attract an employer gives it value for the employee. Spence also has done work on information asymmetry, for which he shared the Nobel Prize for Economics in 2001.
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Michael Spence, a Nobel laureate in economics, is professor of economics at New York University's Stern School of Business and Senior Fellow at the Hoover Institution.
Elsewhere, Michael Spence is trying to delay his return to Chicago because he doesn't want to face the music over his latest dalliance.
Michael Spence (Hari Dhillon, above) is back in town, which means Raf needs to step up a gear on the AAU.
35pm) Michael Spence (Hari Dhillon, left) is back, so Raf needs to step up a gear.
By combining research into the beginnings of life, fertility, conception, the foetus, pregnancy and birth with a clinical facility for reproductive technology services, this gift will enable us to deepen and broaden that research and to return Australia to a position of world leadership in the field of assisted reproductive technologies," The University's Vice-Chancellor, Dr Michael Spence, said.
University of Sydney Vice-Chancellor Dr Michael Spence said: We are pleased to be partnering with John Holland to build a flagship home for the University of Sydney Business School.
The University's Vice-Chancellor, Dr Michael Spence expressed his appreciation to ResMed for such a positive contribution and said this agreement "would allow the University to further develop its path-finding research in these critically important areas, as well as provide future opportunities for our researchers.
As a result the University of Sydney vice-chancellor, Michael Spence, has now called on the Premier, Barry O'Farrell, to urgently review the governance arrangements for the colleges, allowing greater intervention into their affairs, the paper concluded.
The Next Convergence: The Future of Economic Growth in a Multispeed World, by Michael Spence, New York, NY: Farrar, Straus & Giroux, 2011.
If the Italian yields start to rise, you could quickly turn a manageable situation into an insolvent one," Michael Spence, a professor of economics at New York University and a Nobel laureate, said on Bloomberg Television on December 28.
Other seminar speakers included Professor A Michael Spence, the 2001 Nobel Laureate in Economics.
Holby City (BBC1, 8pm) When the theatre liaison manager cancels Michael''s patient''s operation twice in one day, Michael convinces him to go private, but when Malick discovers the truth about the patient''s financial situation he fears he''s been caught up in another Michael Spence scandal.