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Research in the News

Nobel Laureate Prof. Michael Spence's research on US job creation is cited

Excerpt from The Economist -- "If we go back and look at the paper by Michael Spence and Sandile Hlatshwayo on net job creation, we see that while non-tradable sectors have been responsible for nearly all of the economy's employment growth since 1990, the tradable sector has generated the bulk of the economy's increase in value added."

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