Claudia Goldin has achieved a significant milestone by becoming the third woman to be honored with the Nobel Prize in Economics, have a look at her biography and husband
This esteemed recognition was bestowed upon her for her groundbreaking research into the factors that elucidate the wage disparities between men and women.
Who is Claudia Goldin Nobel Prize in Economics winner 2023, biography, age, husband, education and works
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin “for having advanced our understanding of women’s labour market outcomes.”#NobelPrize pic.twitter.com/FRAayC3Jwb— The Nobel Prize (@NobelPrize) October 9, 2023
The Royal Swedish Academy of Sciences in Stockholm announced that Goldin will receive an award of 11 million krona (equivalent to $1 million).
In a statement, Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences, emphasized the societal importance of comprehending women’s roles in the labor market.
He lauded Goldin’s pioneering research, which has provided valuable insights into the underlying causes of pay gaps and the potential barriers that may require future attention.
Who’s Claudia Goldin?
Born in 1946 in New York, Claudia Goldin is a professor at Harvard University. She conducted extensive research utilizing over two centuries of data, revealing that while historical pay disparities between men and women were primarily attributed to differences in education and career choices, the contemporary wage gap predominantly exists within the same occupations and emerges with the birth of a woman’s first child.
This newfound understanding offers a foundation for policymakers worldwide to implement various measures addressing this issue.
Goldin received her B.A. from Cornell University and her Ph. D. from the University of Chicago and lives in Cambridge MA with her husband Larry Katz, and her dog Pika.
During a press conference announcing the award, Randi Hjalmarsson, a professor of economics at the University of Gothenburg, emphasized the significance of Goldin’s work in guiding policy decisions globally.
Hjalmarsson likened addressing this issue to treating an illness—you must understand its causes before proposing effective remedies.
In the previous year, the Nobel laureates in economic sciences were Ben Bernanke, Douglas W. Diamond, and Philip H. Dybvig, recognized for their research on banking and financial crises.
Claudia Goldin joins a select group of women who have received the Nobel Prize in Economic Sciences, following Elinor Ostrom in 2009 and Esther Duflo in 2019.
These annual awards, which celebrate achievements in physics, chemistry, medicine, literature, and peace, were established in accordance with the will of Alfred Nobel, the Swedish inventor of dynamite, who passed away in 1896.
More About Goldin
For those unfamiliar with Claudia Goldin, she holds the position of co-director of the NBER’s Gender in the Economy Study Group and served as the director of the NBER’s Development of the American Economy program from 1989 to 2017.
Goldin’s extensive research portfolio encompasses a wide array of topics, including female labor force participation, the gender wage gap, income inequality, technological advancements, education, and immigration.
Her research often interprets contemporary issues through a historical lens, shedding light on the origins of present-day societal concerns.
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