Michael Spence quote

During my Ph.D. program, I became interested in the informational structure of markets that turned into the work on signaling, which was the part of my early work that was recognized for the Nobel Prize, but it was not really a subject at the time.
Michael Spence

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The Next Convergence: The Future of Economic Growth in a Multispeed World
The Next Convergence: The Future of Economic Growth in a Multispeed World
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