A. MICHAEL SPENCE
An American Economist and a Nobel Memorial Prize winner in the Economic Science field. Spence is a management's professor emeritus of Stanford University's Graduate School of Business, and also a Hoover Institution's, a free-market think tank based on Stanford, senior fellow. In 2001, Spence received the Nobel Prize along with his companions George Akerlof and Joseph Stiglitz for his information asymmetry analysis – how individuals can use their education credentials as a signal to potential employers in particular. Spence also received the prestigious John Bates Clark medal. Spence shared his knowledge on business administration and economics at the Harvard unversity before teaching at Stanford.
POPULAR TERMS
Management and Employee Buyout - MEBO
A restructuring initiative that is done to privatize a public traded company, which are public. It involves both managerial and non-managerial empl ...
Back-Of-The-Envelope Calculation
A casual arithmetic calculation, usually executed on a scratch paper like an envelope. This computation utilizes projected and/or rounded amounts t ...
Prior Lien
A lien that is recorded prior to any other claims. Prior liens thus have to be paid before any other claims in the event that the collateral that i ...
Accumulating Shares
Stock given to shareholders of a company commonly added to a dividend. Stockholders don’t need to pay income tax on these shares but they sti ...
Distribution Waterfall
Ranking of distributing a private equity fund. The hierarchy sets the order the funds will be given, which may ensure several types of investors ha ...
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SEE FOREX TUTORIAL
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
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| Time | Country | Indices | Period |
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| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
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| 09:00 | Wholesale Price Index | Nov |
