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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No references found			Byline: Michael Spence Summary: There are many problems with fossil fuels. Growth or lower emissions? Escaping the fossil fuel dilemma by The Daily Star (Beirut, Lebanon) Michael Spence is the 2001 Nobel Laureate in Economics, and Professor Emeritus, Stanford University. Escaping the fossil fuel trap by Daily News Egypt (Egypt) Sydney University vice-chancellor Michael Spence said he was "appalled by the reported behaviour and apparent attitudes of some students". Australian students 'pro-rape' Facebook scandal by AFP / AFP Asian Edition			Metodo de depreciacao linear Metodo de votacion acumulativa Metodo del costo Metric metroplex metropolitan area metropolitan division metropolitan statistical area Mexican Mint Mexican Peso Mexican Stock Exchange Mezzanine Mezzanine Bracket mezzanine financing mezzanine investors Mezzanine Level MFN Tariff MG MGA MGF MGIC MH MHS Michael Bloomberg Michael R. Milken Michael Spence Michigan Consumer Sentiment Index Mickey Micro Cap Fund Micro Country Risk Micro country risks Micro-Cap Stock Micro-Hedge Micro-investidor Microassessment Microcap Microcredit Microdevaluacion periodica Microeconomia Microeconomics Microfinance Microlender micropolitan statistical area Microstructuring Mid Cap Mid-Atlantic Option Mid-Cap Mid-Cap Fund Mid-Cap SPDR Mid-Cap SPDRs Mid-Capitalization			Michael Russo Experimental Motors Michael Sadovyany Michael Samuel Graphics Michael Schenker Group Michael Schumacher Michael Schumacher Michael Schumacher Racing World Michael Schumacher Racing World Kart Michael Schumacher World Champion Tower Michael Scott Mater Foundation Michael Scott Oral Records Project Michael Scott Paper Company Michael Scudamore Redgrave Michael Servetus Michael Servetus Michael Servetus Unitarian Universalist Fellowship Michael Shafer Michael Shanks Michael Shishman Michael Shishman of Bulgaria Michael Singer Real Estate Michael Sinnott Michael Skobeleff Michael Smith Business Development, Inc. Michael Smith Foundation for Health Research Michael Spence Michael Stanley Band Michael Stuart Brown Michael Sturdza Michael Swango Michael Tarielovich Loris-Melikov Michael Tarielovich, Count Loris-Melikov Michael the Amorian Michael the Brave Michael the Maintenance Man Michael Thomas Smith Michael Thomas Smith Michael Tilson Thomas Michael Tschechow Studio Berlin Michael Tyack Michael Tyack Michael Tyson Michael Van Valkenburgh Associates, Inc. Michael Vasilevich Alexeiev Michael Vergason Landscape Architects, Ltd. Michael VIII Michael VIII Michael VIII Palaeologus Michael VIII Palaiologos Michael VIII Palaiologos Michael von Melas Michael W. Smith Michael Wise Memorial Scrabble Tournament Michael Yon

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