Claudia Goldin Wins Nobel in Economic Sciences for Women's Labour Market Research

American economic historian, Harvard Professor Claudia Goldin becomes the third woman to win the prestigious Nobel economics prize. Her groundbreaking research advanced our understanding of women's labour market outcomes.

A Remarkable Achievement:

  • The Royal Swedish Academy of Sciences announced Claudia Goldin as the 2023 Nobel economics laureate.
  • The Sveriges Riksbank Prize in Economic Sciences is valued at 11 million Swedish crowns ($999,137).

An Inspiring Journey:

  • Claudia Goldin joins the ranks of Elinor Ostrom (2009) and Esther Duflo (2019) as one of the few female Nobel economics laureates.
  • Her work sheds light on women's roles in the labor market, uncovering key factors and potential barriers for future consideration.

Nobel Prizes in 2023:

  • This year's Nobel Prizes covered diverse fields, from COVID-19 vaccine discoveries to quantum physics and literature.
  • Notable laureates included Katalin Karikó and Drew Weissman (Medicine), Anne L’Huillier, Pierre Agostini, and Ferenc Krausz (Physics), and Moungi Bawendi, Louis Brus, and Alexei Ekimov (Chemistry).
  • The literature prize went to Norwegian writer Jon Fosse, while Iranian activist Narges Mohammadi received the Peace Prize.

The Economics Legacy:

  • The Sveriges Riksbank Prize in Economic Sciences, though not part of Alfred Nobel's original awards, holds great importance.
  • Established by Sweden's central bank in 1968, it has recognized influential thinkers like Friedrich August von Hayek, Milton Friedman, and Amartya Sen.
  • In 2022, U.S. economists, including Ben Bernanke, received the prize for their research on bank regulation and economic crisis prevention.

Claudia Goldin's Nobel win highlights the importance of understanding women's contributions to the labour market, a pivotal step towards a more inclusive and equitable society.

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