Spence, Michael

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Spence, Michael

(Andrew Michael Spence), 1943–, American economist and educator, b. Montclair, N.J., Ph.D. Harvard, 1972. He has taught at Stanford (1973–75, 1990–99), Harvard (1975–90), and New York Univ. (2010–), was dean of the faculty of arts and sciences at Harvard (1984–90) and of the business school at Stanford (1990–99), and was chairman of the Commission on Growth and Development (2006–10). As an economist, he has focused on economic growth and development, dynamic competition, and the economics of information. In 2001 he shared the Nobel Memorial Prize in Economic Sciences with Joseph StiglitzStiglitz, Joseph Eugene,
1943–, American economist, b. Gary, Ind., Ph.D. Massachusetts Institute of Technology, 1967. He has taught at a number of educational institutions, including Stanford (1974–76, 1988–2001) and Columbia (2001–), served on the
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 and George AkerlofAkerlof, George Arthur,
1940–, American economist, b. New Haven, Conn., B.A. Yale, 1962, Ph.D. Massachusetts Institute of Technology, 1966. He has been a professor at the Univ.
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 for their work explaining how asymmetries with respect to information affect markets. In particular Spence was cited for his analysis of how education acts as a signal of a potential employee's skills and productivity and for his analysis of the insurance market.
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In The Next Convergence, Nobel Laureate in Economics Michael Spence paints a fascinating story of accelerating growth in emerging economies.
When they gave us this remarkable work our donor said, 'This painting is going to change the lives of many people,'" said Michael Spence, the vice-chancellor of the University of Sydney.
Vice-chancellor Dr Michael Spence said: "In an extraordinary act of generosity, an overseas donor who wishes to remain anonymous was prepared to fly to Australia to personally give this painting to the university on the strict understanding that it would be sold and the proceeds directed to scientific research.
The enterprise is the work of two business management students at Newcastle University, Michael Spence, 19, and Alex Bell, 20, whose racing pedigree is better revealed as sons of owner Alan Spence and trainer Michael Bell.
But he has to perform one last operation, alongside his love rival and nemesis Michael Spence - and he collapses in theatre.
Carpenter Michael Spence, 30, posted pictures of himself on Facebook which showed him living it up on the Spanish island in August 2008 - in the middle of his compensation claim.
n Michael Spence is the 2001 Nobel Laureate in Economics, and Professor Emeritus, Stanford University.
Crush Depth" is a collection of poetry from Michael Spence, a veteran Naval officer with much military and life experience.
Ushers were Corey Scott Easley, William Leslie Polk IV and Jason Michael Spence.
Michael Spence looks up after diving across the finish line in an attempt to earn an automatic berth into the steeplechase final.
Nobel laureate and chairman of the World BankCOs Commission on Growth, Michael Spence, cautioned against the C[pounds sterling]balkanisationC[yen] of energy, which together with rising food prices and a global credit crunch was driving a worldwide economic downturn.
Nobel laureate for Economics, A Michael Spence, who serves as Professor Emeritus at Stanford University of the USA, agreed.