Nobel Prize in economics awarded to Harvard professor for researching the gender wage gap

Claudia Goldin poses in her home in Cambridge, Mass Monday, Oct. 9, 2023. Goldin was awarded the Nobel Prize in Economic Sciences.
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The 2023 Nobel Prize in economics was awarded Monday to a Harvard professor whose research into women in the workforce led to a greater understanding of the gender pay gap.

Claudia Goldin was recognized by the Royal Swedish Academy of Sciences “for having advanced our understanding of women’s labor market outcomes,” according to a press release from the Nobel Foundation.

Out of the 93 Nobel Memorial Prizes in Economic Sciences ever awarded, only three women, including Goldin have ever won the prize, The Associated Press reported.

Who is Claudia Goldin?

Goldin is the Henry Lee Professor of Economics at Harvard University and the co-director of the National Bureau of Economic Research’s Gender in the Economy group.

Goldin “provided the first comprehensive account of women’s earnings and labor market participation through the centuries,” according to the Nobel Foundation.

“Her research reveals the causes of change, as well as the main sources of the remaining gender gap.”

According to her research, much of the remaining gender gap today is between women and comes after the birth of the first child.

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“Understanding women’s role in the labor is important for society. Thanks to Claudia Goldin’s groundbreaking research we now know much more about the underlying factors and which barriers may need to be addressed in the future,” Jakob Svensson, chair of the Committee for the Prize in Economic Sciences, stated.

2023 Nobel Prize winners

Goldin joins other winners of the 2023 Nobel Prizes that were announced last week. However, the Nobel Memorial Prize in Economic Sciences differs from the other prizes in that it is a memorial award established in memory of Alfred Nobel.

Below is a list of the 2023 Nobel Prize winners:

  • Nobel Prize in physics: Pierre Agostini, Ferenc Krausz and Anne L’Huillier “for experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter.”

  • Nobel Prize in physiology or medicine: Katalin Karikó and Drew Weissman “for their discoveries concerning nucleoside base modifications that enabled the development of effective mRNA vaccines against COVID-19.”

  • Nobel Prize in chemistry: Moungi G. Bawendi, Louis E. Brus and Alexei I. Ekimov “for the discovery and synthesis of quantum dots.”

  • Nobel Prize in literature: Jon Fosse “for his innovative plays and prose which give voice to the unsayable.”

  • Nobel Peace Prize: Narges Mohammadi “for her fight against the oppression of women in Iran and her fight to promote human rights and freedom for all.”