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Claudia Goldin Wins Nobel in Economics for Studying Women within the Work Force

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Claudia Goldin Wins Nobel in Economics for Studying Women within the Work Force

The Nobel Memorial Prize in Economic Sciences was awarded on Monday to Claudia Goldin, a Harvard professor, for advancing the world’s understanding of ladies’s progress within the work drive along with her analysis.

The Nobel committee introduced the award in Stockholm. Ms. Goldin is the third girl to have gained the economics Nobel, and the primary one to be honored with it solo, slightly than sharing within the prize. She has lengthy been a groundbreaking girl within the area — she was the primary girl to be provided tenure in Harvard’s economics division, in 1989.

Claudia Goldin, 77, is the Henry Lee Professor of Economics at Harvard University. She has written and edited a number of books, and her most up-to-date is “Career and Family: Women’s Century-Long Journey toward Equity,” revealed in 2021.

The committee praised Ms. Goldin for her analysis into feminine employment, which has confirmed that ladies’s employment ranges decreased within the 1800s earlier than growing within the 1900s. She has additionally confirmed that the method of closing the gender wage hole has been uneven, regardless that there was progress over time.

By greater than 200 years of labor market outcomes within the United States, Ms. Goldin introduced historic developments to bear on lingering points within the U.S. job market.

“Claudia Goldin’s discoveries have vast societal implications,” stated Randi Hjalmarsson, a member of the committee and professor of economics on the University of Gothenburg.

Last yr, the award went to Ben S. Bernanke, the previous Federal Reserve chair, together with Douglas W. Diamond of the University of Chicago and Philip H. Dybvig of Washington University in St. Louis. They gained for work that has reshaped how the world understands the connection between banks and monetary crises.

The economics prize was established in 1968 in reminiscence of Alfred Nobel by Sweden’s central financial institution and is awarded by the Royal Swedish Academy of Sciences.

Source web site: www.nytimes.com