The 2023 Nobel Prize in Economics was awarded to Claudia Goldin, who studied gender differences

Updated on October 14, 2023 View Times: 545

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The 2023 Nobel Prize in Economics was awarded to Claudia Goldin, who studied gender differences

The 2023 Nobel Prize in Economics was awarded to Harvard professor Claudia Goldin for her contribution to explaining why women earn less than men and are less likely to work.

An economic historian and labor economist, Goldin has authored numerous papers and books, including Understanding the Gender Gap: An Economic History of American Women in 1990.

Goldin studied 200 years of data to track how women's fortunes have changed as the workplace evolves from farm to factory to office. Globally, 50% of women are in paid work, compared to 80% of men, although the gap is smaller in advanced economies.

In these advanced economies, women earn an average of 13 percent less than men and are less likely to hold senior positions in the institutions they work for.

Goldin's award breaks two glass ceilings at the same time: she is the first woman in history to receive this honor alone, and her award-winning research is the first time a woman has directly become the subject of the award.

Goldin's area of research is the gender issue that has always been controversial – the gender pay gap.

Goldin is the first woman in Harvard's economics department to receive a tenured faculty position. The award makes Goldin the third woman to receive the award, following Elinor Ostrom in 2009 and Esther Duflo in 2019.

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